IoTeX to launch W3bstream, an L2 network designed for DePIN

On January 4th, the IoTeX Foundation announced that they are preparing to launch W3bstream, an L2 network designed specifically for DePIN. W3bstream is able to compress (aggregate) large amounts of off-chain data into smaller, verifiable zk-proofs to trigger on-chain transactions. Additionally, W3bstream can support existing DePIN projects on any blockchain.