I'm wondering if IoTeX is considered a security. I've heard about different cryptocurrencies and how some of them are classified as securities, so I'm curious if the same applies to IoTeX.
5 answers
KimonoGlitter
Tue Oct 29 2024
IoTeX's architecture is designed with a root blockchain at its core.
CryptoPioneer
Mon Oct 28 2024
This root blockchain serves multiple purposes, primarily providing security and governance for the entire network.
Isabella
Mon Oct 28 2024
Additionally, it manages the subchains that are integral to the system.
KimonoElegance
Mon Oct 28 2024
Subchains play a crucial role in IoTeX by connecting IoT devices.
Bianca
Mon Oct 28 2024
These devices are grouped based on similar environments, trust levels, or functional purposes.