Did you know about IOST?
IOST is a cryptocurrency that is part of a decentralized blockchain platform. The platform was created to provide a solution to the scalability issues of other blockchain networks.
IOST stands for Internet of Services Token. The platform was launched in 2018.
Some of the features of IOST are:
- Fast transaction speed, capable of processing up to 100,000 transactions per second.
- Proof of Believability (PoB) consensus algorithm
- Efficient Distributed Sharding (EDS)
- Bluehill incubator and accelerator
IOST was designed so that companies like Amazon, Facebook, and Google can use it to process transactions at an industrial scale.