- IOST is a decentralized blockchain network based on the “Proof of Believability” ("PoB") consensus algorithm. The project’s mission is to build the "architecture for online services that meets the security and scalability needs of a decentralized economy".
- IOST raised $35.0MM (~ 35,000 ETH) via a private token sale in December 2017 and its mainnet was launched in February 2019. Since then, multiple decentralized applications have been built on the IOS network.
- Some of its key features include: Efficient Distributed Sharding (EDS i.e., a sharding scheme), TransEpoch (a way to secure validators-to-shards assignment during epoch transitions while maintaining transaction operability), Atomix (a two-step inter-shard protocol to verify the atomicity of transactions in Byzantine protocols), the Proof-of-Believability (PoB) algorithm (a Byzantine consensus protocol), and Micro State Block (MSB) (a mechanism to minimize the storage and bootstrapping costs for validators).
- In the IOS system, IOST tokens serve as the medium of exchange for all transactions and commission fees.
Ranking 104/109 IOST Price $0.0346 Price Change 24h $0.003087 24h Low / 24h High $0.03127 / $0.03678 24 Hour Trading Vol $197,343,784.89 Market Cap $568,363,086.96 Max Supply 90,000,000,000 Circulating Supply 16,454,275,775 IOST Price History 7d Low / 7d High$0.02758 / $0.03678 30d Low / 30d High$0.02099 / $0.07602 90d Low / 90d High$0.02099 / $0.09073 52 Week Low / 52 Week High$0.004109 / $0.09073 All Time High $0.1365 Website http://iost.io/ About IOST Technical Analysis IOST/USDT https://www.tradingview.com/x/wSD3zFRF/