The #iotex system is divided into L1 and L2. L1 is the current iotex public chain, and L2 is #w3bstream that is about to release the main network. This layering is based on the Rollup method of Ethereum, and most of the data processing and execution are placed in L2, l2 It is characterized by batch processing, rather than individual processing like L1. L1 verifies the batch processing results of L2 through smart contracts. L1 acts as a trust anchor, greatly reducing the burden on L1 and increasing the speed of data processing. , this is necessary in the massive data processing of the Internet of Things in the trillion-dollar market in the future. There are also a large number of dapps on L1 that use the trusted data provided by L2 access devices to reward device providers with tokens. This is the token. Economics, it can be said that Iotex integrates blockchain, Internet of Things, and token economics.

The upward curve of iotex, which focuses on industry technology, will inevitably have an explosive period. #depin This is a slow-heating track, and real industry applications may gradually bloom from 2024. Remember, if the industry is paved the way for slow growth, it will enter the explosive period. I am looking forward to whether the #w3bstream main network will be launched and operated in 2024 to catch the traffic of IoT devices in this trillion-dollar market!

PS: It does not constitute investment advice and only represents personal opinions.

Here is a more detailed layered diagram: $IOTX