What is IOST coin?

IOST is a full-blown decentralised blockchain network and an ecosystem comprising of nodes, wallets and DApps . It aims to be the architecture that seeks to meet the scalability needs of a decentralised economy. The protocol’s functional aspect resembles that of Ethereum, EOS, etc however, IOST claims to be much faster.

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What is IOST in Crypto?

IOST is a full-blown decentralised blockchain network and an ecosystem comprising of nodes, wallets and DApps . It aims to be the architecture that seeks to meet the scalability needs of a decentralised economy. The protocol’s functional aspect resembles that of Ethereum, EOS, etc however, IOST claims to be much faster.

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Why is IOST up?

Network congestion and high gas fees on Ethereum have led cryptocurrency traders to seek alternatives outside of the Ethereum network, and IOST is now emerging as one of those options as a result of its partnership with the new DeFi platform Donnie Finance . The partnership was initially announced on Dec.17 Şub 2021

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