IOST (Internet of Services Token) is a blockchain platform designed for fast and cheap transactions, as well as for supporting decentralized applications (dApps). It uses a unique Proof-of-Believability (PoB) consensus mechanism that provides up to 8000 TPS, significantly outperforming many other blockchains.
1. Key Features of IOST
- Proof-of-Believability (PoB) - an innovative consensus mechanism ensuring high speed and security.
- Support for dApps - developers can create scalable applications.
- Low fees - transactions occur with minimal costs.
- Compatibility with Ethereum - support for smart contracts and integration with other blockchains.
2. Current Market Indicators
- Price of IOST: ₽0.2763 (up by 13.18% in a day).
- Market capitalization: ₽362.66 billion.
- Trading volume in 24 hours: ₽30.83 billion.
3. Recent Events
- IOST entered the top 500 largest cryptocurrencies.
- Increased interest in PoB - more and more developers are using IOST to create dApps.
- Active ecosystem development - new partnerships and integrations.
4. The Future of IOST
IOST continues to evolve, offering innovative solutions for the blockchain industry. In the future, possibilities include:
- Network expansion due to new participants.
- Improvement of consensus algorithms.
- Growth of integration with traditional financial platforms.
IOST remains one of the most promising blockchain projects, offering sustainable and secure solutions for the digital economy.
