The IOST Monthly Report — your essential guide to staying informed about the latest advancements, market growth, and ecosystem progress within the IOST community.

We wholeheartedly appreciate your positivity and long-term support. Your valuable insights and suggestions are crucial in shaping our journey as we continue to evolve. Thank you for being an integral part of the IOST experience!

In August 2024, IOST made significant strides in both technical and ecosystem development. Progress was made on the new version of the IOST white paper and preparations for an upgraded mainnet. Key operational efforts included a successful mainnet snapshot, enhanced security testing, and ongoing technical support for our partners. The IOST community also saw exciting developments in partnerships, including collaboration with Nodo to launch innovative prediction markets and an engaging $500 prediction giveaway event. IOST proudly participated as a Gold Sponsor at WebX2024 in Tokyo, fostering connections and showcasing our commitment to community engagement.

Technical Development

[Development]

  • Drafting the new version of the IOST white paper (in progress)

  • Preparing for the development of the new version of the IOST mainnet

[Operation and maintenance]

  • Mainnet snapshot

  • Mainnet security testing

  • Bug fixes for internal services such as the explorer and account creation

  • Security checks for IOSTSCAN browser and iWallet Pro plugin wallet

  • Resolving technical issues for nodes

  • Technical support for IOST partners

Disclaimer: Third-party developers develop all IOST DApps. The information provided here does not constitute investment advice. All content provided here is intended for education only. IOST bears no responsibility or liability for any loss that users may experience. Please contact the DApp team directly for any questions.

Ecosystem Development

Partnership with Nodo to further enhance the IOST ecosystem through innovative prediction markets!

<a href="https://medium.com/media/9a329b56b4675ed2cebe332b51ab3b72/href">https://medium.com/media/9a329b56b4675ed2cebe332b51ab3b72/href</a> Collaborattion with Nodo official for an epic $500 prediction giveaway event! <a href="https://medium.com/media/1d22cd7ec97bbee96028546b66d994d2/href">https://medium.com/media/1d22cd7ec97bbee96028546b66d994d2/href</a> IOST stepped up as a Gold Sponsor at WebX2024 in Tokyo! <a href="https://medium.com/media/abd9447953a053e53406e479ae4e275d/href">https://medium.com/media/abd9447953a053e53406e479ae4e275d/href</a> Coffee time with IOST at WebX2024 <a href="https://medium.com/media/bb911fd93e91da5940f6f379fa08a580/href">https://medium.com/media/bb911fd93e91da5940f6f379fa08a580/href</a> Images of the IOST booth from WebX2024 in Japan <a href="https://medium.com/media/50793291aac589f14c55368f6dd00679/href">https://medium.com/media/50793291aac589f14c55368f6dd00679/href</a> <a href="https://medium.com/media/0ca00444a4c66f2a7e14b0b1c1f93978/href">https://medium.com/media/0ca00444a4c66f2a7e14b0b1c1f93978/href</a> IOST becomes a partner at WikiEXPO Bangkok <a href="https://medium.com/media/ebf3347493ca623270bee6b337efd826/href">https://medium.com/media/ebf3347493ca623270bee6b337efd826/href</a> IOST on Coincheck Japan <a href="https://medium.com/media/06960a4e6445564237ae2746050dafe0/href">https://medium.com/media/06960a4e6445564237ae2746050dafe0/href</a> Trading Volume <a href="https://medium.com/media/8f10ac68affccde857d26b9a44fb251c/href">https://medium.com/media/8f10ac68affccde857d26b9a44fb251c/href</a> <a href="https://medium.com/media/9e3eadc829d20ece5de5890a8693e50b/href">https://medium.com/media/9e3eadc829d20ece5de5890a8693e50b/href</a> About IOST

High fees and slower transaction times on the Ethereum network have left the door open for new solutions to emerge, and IOST is one such project that has been gaining traction since its mainnet launch in 2019.

Backed by significant financial and VC firms such as Sequoia, Matrix, and ZhenFund, IOST is a pioneering decentralized, high-throughput, gas-efficient Proof-of-Believability-powered smart contract platform built to tackle the scalability trilemma once and for all. For this, the concluding ranking from China’s CCID ranked IOST as the best blockchain platform under Basic Technology, better than Ethereum, EOS, and every other smart-contracting platform evaluated by the agency. This is a testament to the quality and ability to roll out a better, innovative product and reflects our genuine desire to be the best in the sphere.

Being one of the public chain leaders in adoption, performance, and utility, IOST remains committed to our mission to unleash the power of blockchain. IOST currently has an ever-expanding 500,000 members community in over 20 countries, over 400 nodes, a top-tier staking ecosystem, and symbiotic relationships with corporations dotted worldwide.

If you would like to hang out with the IOST community on chat or social media or discuss product development, we have something for everyone:

Telegram | Twitter | Japan Twitter | China Twitter | Facebook | LinkedIn | Medium | Reddit

…………………………………………………….

IOST Monthly Report | August 2024 was originally published in IOST on Medium, where people are continuing the conversation by highlighting and responding to this story.