The Modular DePIN Infrastructure: A Comprehensive Overview
CoinMarketCap and IoTex dive into Decentralized Physical Infrastructure Networks (DePIN) and the technology stack of modular layers that compose the DePIN ecosystem.
Introduction
In today's rapidly advancing technological landscape, a groundbreaking concept is taking shape, blending blockchain's robustness with real-world sensors, connectivity, computing power, and AI. Termed as Decentralized Physical Infrastructure Networks, or DePINs, this approach seeks to revolutionize conventional infrastructure frameworks. By leveraging crypto-economic rewards, DePINs encourage community-driven growth, fundamentally altering our approach to constructing and understanding our environment.
IoTeX is steadfast in its focus as a DePIN-specific L1 with modular blockchain infrastructure on bridging the real world with Web3, a vision embodied by DePIN. Central to this ecosystem is IoTeX's off-chain compute protocol, W3bstream, which is crucial in accelerating the market readiness of new DePIN initiatives.