IoTeX is an ecosystem based on blockchain technology to ensure the protection of information in the field of the Internet of Things with open-source code in the GitHub repository. The IoTX coin has a number of distinctive features: there is a burning mechanism, it is used not only by people, but also by smart devices, acts as an incentive and has a limited emission.

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IoTeX Improvement Proposal 14 aims to achieve account abstraction so users can access smart contract wallets without the need of Externally Owned Accounts (EOAs).

In brief, a simpler and safer experience.

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