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IOST

Buy IOST (IOST)

$0.02AUD

+0.00%
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1D1W1M
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Market Cap

504.0M

24hr Trade Volume

25.7M

Circulating Supply

23.3B

Buy IOST

Balances = $0.00 AUD · 0.00000000 IOST

What is IOST?

IOST is the native cryptocurrency of the IOST blockchain platform, that aims to be a highly scalable protocol which uses its own consensus algorithm, proof-of-believability. Proof-of-believability is a method of determining the credibility of a note, based on its behaviour and previous contributions. Currently, the platform can handle up to 8,000 transactions per second and has more than 400 nodes in the ecosystem. IOST is developer-friendly, as it is uses the widely used Javascript language. The goal of the protocol is to boost decentralised alternatives to popular centralised applications we use today, such as Facebook and Amazon.

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