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 token?

The native token of the IOST platform serves as a medium of exchange for all transactions and fees . As such, it also supports proof-of-believability. As the “money of the platform,” the token serves as the primary medium of exchange in the network for goods and services.

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