![]() ![]() This was achieved using an innovative Roll-DPoS consensus that has impressed several industry insiders. IoTeX is one of the few cryptocurrency platforms that has built an EVM-compatible blockchain from the scratch. It was started with a few people as lead facilitators but has attracted more than 40 research scientists and engineers who have unfaltering beliefs on the future of the project and the possibilities of changing the world in some ways with its services. IoTeX was started as a cryptocurrency project in 2017. One of the most remarkable things about this ambition is that it will be run under a properly designed system with economic incentives. It has the ultimate goal of sustaining an ecosystem that allows people and machines to interact with guaranteed trust and free will. IoTeX is an open-source, decentralized platform that seeks to empower the open economics of machines. Therefore, it is important that you read on with rapt attention as we discuss some of the key factors that will help you make an informed decision about which of the coins will suit your cryptocurrency portfolio better. ![]() Remember that you will need to choose the coin to add to your portfolio at the end. In this post, we are going to discuss both coins and compare them in an honest manner. Since IoTeX and IOTA differ in many ways, investors need to understand which is better when they want to choose one crypto coin from the IoT industry. Again, they differ in terms of price, market capitalization, liquidity, and more. Of course, they are run by different companies and have different rules guiding their respective networks. Though IoTeX and IOTA cater to the needs of businesses in the same industry, they are different in some ways. Both coins are native currencies of their respective platforms, which solve problems in the growing Internet of Things (IoT) industry. ![]() IoTeX and IOTA (the two coins we are going to compare here) are good examples of coins created to solve problems in a specific industry. There are lots of cryptocurrencies with real-world applications. The newest coins, on the other hand, are created to solve real-world problems, even as they are traded as digital assets. The earliest cryptocurrencies, including Bitcoin, were simply created as digital currencies. Blockchain technology and the cryptocurrency scene has grown considerably in the last decade. ![]()
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