IoTChain - why is it surging? FAQ
********IOT CHAIN INFO*****************
Check our FAQ Sheet for ITC!
https://docs.google.com/document/d/1UUQFGav30bdT1nwlBbb4bEsnqkAMVWAr2N1fV_Nh9jY/edit?usp=sharing
One Line
- IOTA Blockchain of China
Advantages
- Strong investors (FBG)
- Strong comparable with IOTA at $12bn
- Little advertising so far
- Partnerships with
- Shanghai High flying electronics technology
- Peoples daily digital communication
- Shenzhen Galaxywind Network system
- Shanghai Shuncom Smart Technology
- Telink semiconductor
- Shanghai BeTiger Network Technology
- Shenzhen LEnze Technology
Why is it Important?
- Security
- IOT is susceptible to botnet attacks
- Cost
- IOT has a high cost of centralised architecture
- Maintaining the centralised cloud and large scale serve cluster is very expensive
Core technology
- Asymmetrical encryption
- ITC nodes protect the users privacy
- The blockchain cannot be tampered with
- Scalability
- The future ITC will have tens of thousands of nodes to meet the needs of IOT data storage with the blockchain.
- Consensus system
- PBFT consensus, the DAG network
官网/Website
https://iotchain.io/
白皮书/Whitepaper
https://iotchain.io/pdf/web/ITCWHITEPAPER.pdf
Telegram
https://t.me/IoTChain
GitHub
https://github.com/IoTChainCode
Twitter:
https://twitter.com/IoT_Chain
Bitcoin Talk Genesis:
https://bitcointalk.org/index.php?topic=2612309.new#new
Unfortunately, only available on Huobi?
If I could buy some easily, I might. This seems like an interesting project to have as a small side-hodl
Bibox is available for US citizens.
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