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.
Read moreIs IOST on Coinbase?
IOST is not supported by Coinbase .
Read moreWhat is IOSToken cryptocurrency?
IOSToken is the cryptocurrency that is native to the IOST platform and is used as a ‘fuel’ like Ethereum to carry out transactions pay fees . The IOSToken also helps in establishing Proof of Believability (POB) consensus by varying through blockchain.
Read moreWhat 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.
Read moreIs IOST private crypto?
IOST raised $35.0MM (~ 35,000 ETH) via a private token sale in December 2017 and its mainnet was launched in February 2019. Since then, multiple decentralized applications have been built on the IOS network.
Read moreWhat is IOST coin used for?
The IOST token can be used to pay fees on the network or as a P2P payment means .bir gün önce
Read moreIs IOST coin or token?
IOST has a total token supply of 21 billion.
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