IOST is a decentralized blockchain platform that is ultra-fast, highly scalable, developer-friendly, and secure. The network is based on PoB or Proof-of-Believability, which is a next-generation consensus algorithm; and it is focused on using Blockchain as a Service (BaaS) to achieve mass enterprise adoption for blockchain technology.
MoreIOST provides several solutions that can help traditional businesses to transition to or adopt blockchain technology. The network uses six major blockchain technologies to achieve its goals: smart contracts, multi-chain support, privacy, authorization management, multi-cloud support, and consensus mechanism.
MoreIt's easy to buy IOST (IOST) using a crypto exchange like Coinmerce. You just indicate how many IOST (IOST) you want to buy, whereafter Coinmerce will perform the transaction.
MoreYou want to buy IOST? You can buy IOST using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see IOST, use the search function to search for IOST and click on the name. You can indicate for how many euros you want to buy IOST in the right window. Below is shown how much IOST you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy IOST when the price of IOST reaches your entered value. You can also execute a repeating order. Do you want to buy IOST with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive IOST.
IOST is an acronym for Internet-of-Service (IOS) and token (T). It was created by Justin Li, Jimmy Zhong, Sa Wang, Kelvin Tan, Terrence Wang, and Ray Xiao, who are all co-founders of the IOS Foundation. Based in China, the network is envisioned as an efficient and innovative solution to running dapps (decentralized applications). Using the TransEpoch node-to-shard protocol, micro state blocks, and Proof-of-Believability, IOST intends to build the ideal blockchain enterprise for its valuable users. The IOST initial coin offering took place on January 3, 2018, where the network collected ETH worth $31.3 million (which represented 40% of tokens). Of the remaining value, 35% was kept for the foundation, 12.5% went to community building, 10% was given to the IOS team, and 2.5% was divided among advisers and investors. Since IOST is created for enterprises, it is capable of handling heavy loads, such as the ones that come from big tech leaders like Google, Facebook, and Amazon.