#IOST IOST is an ultra-fast, decentralized blockchain network developed to address scalability and security challenges in the blockchain space. It utilizes a unique consensus algorithm called "Proof of Believability" (PoB) to achieve high transaction throughput.
Key Features of IOST:
Scalability: With a block time of 0.5 seconds and a throughput of up to 8,000 transactions per second (TPS), IOST supports the development of decentralized applications (dApps) without speed concerns.
Affordability: Users can obtain free resources by staking IOST tokens, reducing transaction costs.
Developer-Friendly: IOST supports JavaScript, enabling developers to build on the platform using a widely-known programming language.
Recent Developments:
In December 2024, IOST announced a rebranding initiative and introduced PayPIN, aiming to explore global Web3 payment solutions.
Roadmap Highlights for 2024:
Q1 2024:
Mainnet upgrade to optimize TPS for enhanced dApp performance.
Wallet upgrades, including support for custom Remote Procedure Calls (RPCs).
Exploration of cross-chain solutions and integration with Internet of Things (IoT) devices.
Incubation of Web3 and AI dApp projects.
Expansion into markets such as Hong Kong, Vietnam, Turkey, and Dubai.
Q2 2024:
Formal verification of the IOST consensus algorithm to enhance stability.
Upgrade to IOST Block Explorer 2.0.
Continued development in DeFi, NFT, GameFi, and Web3 infrastructure.
Collaboration with partners in Hong Kong on Real World Assets (RWA) and Security Token Offerings (STO).
Organization of hackathons and offline events to engage developers and the community.
Expansion of community key opinion leaders (KOLs) globally.
Where to Buy IOST:
IOST is available on various cryptocurrency exchanges, including Binance, Bittrex, CoinEx, Livecoin, and Bitrue.
For more detailed information, visit the official IOST website: