IoTeX 2.0 Unveils Novel Features With Official Launch

IconCryptoNewsTerminal Staff22 Jul, 2024

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IoTeX 2.0 Unveils Novel Features With Official Launch

IoTeX Launches 2.0, Empowering Web3 Infrastructure General Availability of IoTeX 2.0 IoTeX (IOTX), a blockchain platform connecting data and smart devices, has announced the release of IoTeX 2.0. The update, launched on the 18th, brings forth significant enhancements for the platform. Key Features Introduced in IoTeX 2.0: - NFT-Based Staking: Users can now stake their IOTX tokens through NFTs, providing additional security and flexibility. - Migration of Native Staking: Native staking has been migrated to the new NFT staking model, allowing for simplified participation. - Delegation of Staking Options: Staking options can now be delegated to other users, enhancing the accessibility of rewards. With these features, IoTeX 2.0 aims to drive innovation in the blockchain industry, fostering decentralized applications and empowering IoT device management.

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