IoTE is an Internet of Things (IoT) resource manager encompassing emerging technologies. It is dedicated to the exploration of interoperability technologies among devices from diverse sources. Truly centered around a super ledger, it will not only protect data based on the future IPFS data storage protocol but also use a DAG data structure to ensure the interaction speed of TPS.
The creation of IoTE is not solely derived from Bitcoins computing power mining; its PoW adopts CPU mining, which has a low threshold and allows everyone to participate. Its CryptoVantaa hash algorithm is CPU-friendly and resistant to GPU/ASIC. CPU mining broadens participation and ensures fairness, allowing everyone to contribute to this ledger, truly achieving decentralization and aligning with Satoshi Nakamotos original vision. Moreover, IoTE employs a hybrid consensus mechanism of PoW + iPoS, ensuring both decentralized data rights confirmation and operational efficiency. PoS main nodes can receive 35% of the block rewards, while a dual-layer network architecture can accelerate network speed and provide optional anonymity for privacy. IoTEs block rewards halve every six months for the first six stages, and in the seventh stage, block rewards remain unchanged until fully mined.