IOST is building an ultra-high TPS blockchain infrastructure to meet the security and scalability needs of a decentralized economy. Led by a team of proven founders and backed by $40 million from world-class investors, including Sequoia and Matrix, IOST aims to be the underlying architecture for the future of online services.
The powerful consensus algorithm “Proof-of-Believability” enables next-gen transaction throughput speeds while ensuring nodes stay compliant, using factors including IOST token balance, reputation-based token balance, network contributions and user behaviors. A faster grade Byzantine Fault Tolerance mechanism, microstate blocks, Atomic Commit protocol and a dynamic sharding protocol (Efficient Distributed Sharding) all ensure transactions are safeguarded, consistent and lightning fast while reducing storage, configuration costs and processing power for validators.
Anyone is able to participate in every layer of our system, from using services on our blockchain to running a node and validating transactions. Our rules and code are open for all to see and no preconditions will limit participation. IOST aims to fundamentally disrupt previous methods of business by creating a self-operated, trustless network that maximizes network value for all parties. The project places great emphasis on decentralized and secure ways of storing information. It also provides for Dapps and smart contracts, and anyone who is familiar with blockchain technology knows just how integral these two concepts have become.
Adhering to the quintessential egalitarian values of blockchain technology, IOST is creating a censorship-resistant and trustless network that is open to all, using blockchain technology to cut out middlemen and maximize network value for all parties.
Terrace Wang, Kimmy Zhong, and Ray Xiao, who are extremely brilliant, have co-founded the project. In addition to these original three, the project has 12 employees and 4 advisors. It is also worth noting that Ryan Bubiski, a co-founder of CodeAcademy and a winner of Times Most Influential People award plays a major role in the advisory board of the project. The team has partnered with about sixteen blockchain and cryptocurrency oriented companies such as Sequoia, Nirvana Capital, and DFund. The project, therefore, has strong investors."
Where is IOST available for purchase?
You can exchange IOST tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading IOST is HTX, notably the IOST/USDT pair, which saw a trading volume of $ 2,11 MLN. in the past day. Additionally, Hotcoin and CoinUp are popular alternatives for trading tokens.
What is the highest value IOST (IOST) has ever reached?
IOST (IOST) reached its peak price at 0.1298 $ on 24 January 2018, approximately 8 years ago ago. Presently, the current price is -97.19% lower than this all-time high.
What is the historical minimum price for IOST (IOST)?
The minimum price reached for IOST (IOST) was 0.001603 $, documented on 13 March 2020, more than 5 years ago. In comparison, the current price is 127.05%, it above this historical low.
What is the fully diluted valuation of IOST (IOST)?
The fully diluted valuation (FDV) of IOST (IOST) stands at $ 94,76 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 90,000,000,000 IOST tokens. The realization of this FDV might take several years depending on the emission schedule of IOST tokens.
How to add IOST (IOST) to MetaMask?
By integrating IOST (IOST) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import IOST as a token. You can either manually import IOST by copying its contract address (0xaf48b7e315a52518cfbf7d96c455d9dfad94cb48) or use MetaMask's Chrome extension to add IOST with a single click through P.CASH.
How to add IOST (IOST) to TrustWallet?
Incorporating IOST (IOST) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include IOST, you can either manually import it using the contract address (0xaf48b7e315a52518cfbf7d96c455d9dfad94cb48) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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