IOST
IOST
IOST Feed: Events, News & Roadmap
IOST to Be Listed on Coinstore on February 6th
Coinstore will list IOST (IOST) on February 6th at 9:00 UTC.
Listing on LBank
IOST will be listed on LBank
Giveaway
Take a part in a giveaway
Partnership With Amazon
Partnership announcement
On-Chain Governance v.2.0
IOST launches On-Chain Governance 2.0
Listing on WhiteBIT
IOST soon will be listed on WhiteBIT
Olympus v.3.9.1 Release
Mainnet Upgrade v.3.8.1
Partnerships
Ecosystem Expansion
IOST Cross-chain Bridge
Mainnet Upgrade
DON Airdrop to IOST Holders
P2P Module Upgrade
Mainnet Upgrade
Chainlink Integration
Cross-chain Solution
AMA on Telegram
Webinar With Moonstake
NFT Marketplace Launch
IOST Events on the Chart
What is IOST?
IOST, an acronym for Internet of Services Token, represents an enterprise-level blockchain infrastructure tailored for the Internet of Services. This platform aims at facilitating mass adoption by offering Blockchain as a Service (BaaS) solutions, positioning itself as the foundational architecture for future blockchain services.
Central to IOST’s functionality is its unique consensus algorithm, the Proof-of-Believability (PoB). Unlike traditional systems that rely solely on voting results, IOST incorporates a Servi point system to decide and rotate committee members. This ensures a decentralized committee election procedure while preserving scalability and resistance to censorship. IOST’s design ensures a voting and committee formation process where most nodes are qualified for block production (instead of only the top few nodes) and where nodes with more votes are assigned a higher probability to produce a block.
IOST, the platform’s native token, serves several crucial functions within its ecosystem. It acts as a medium for payments, both for services and goods rendered by service providers and for the operational fees associated with executing native smart contracts. Rewards for network resource contributions are also dispensed in IOST. The token can also be traded for other tokens within the IOST network ecosystem.