What Blockchain is IOTX on?

Inquiring minds might wonder, "What blockchain is IOTX on?" IOTX, the native token of the IoTeX network, operates on a blockchain specifically designed for the Internet of Things (IoT). IoTeX is a blockchain infrastructure tailored for IoT devices, prioritizing privacy, scalability, and secure device interactions. Unlike many other blockchains, IoTeX's architecture is lightweight, privacy-centric, and easily expandable, making it an ideal choice for supporting the next generation of IoT applications. Its unique Roll-DPoS consensus mechanism ensures faster transaction speeds and higher security, while its native token, IOTX, plays a pivotal role in incentivizing participants, paying transaction fees, and fueling the growth of the entire IoTeX ecosystem.