What is IOST (IOST)? | IOST Crypto Explained in Under 60 Seconds

3 years ago
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IOS (Internet of Services) is an decentralized blockchain system that provides horizontal scalability & high speeds to support future online services.

The IOST crypto ecosystem is powered by the IOS Token (ISOT). Used for network transactions, commission fees and to calculate ‘believability’ scores.

Transaction Speed - Using a novel sharding architecture & consensus mechanism, the IOS system can process up to 100,000 transactions per second. (5000x more than Ethereum)

▶ Search All Crypto Tokens (Name or Symbol) https://cryptodefirevolution.com/
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Scalability - The Internet of Services Token (IOS Token) solves the problem of scalability by providing a highly scalable smart contract platform designed for high usage.

Advanced Blockchain Architecture - IOST features innovative blockchain technologies such as Proof-of-Believability (PoB), Distributed Randomness Protocol, Efficient Distributed Sharding, TransEpock, Atomix and Micro State Blocks.

Enterprise Solutions - With a secure and highly scalable blockchain infrastructure, IOST provides large enterprises a decentralized solution to exchange digital goods and services.

Decentralized Apps (DApps) - The ability of IOST crypto to support a large number of users allows for the development & deployment of large scale decentralized applications (DApps).

WEBSITE: https://iost.io/

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