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.

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.

The IOST token can be used to pay fees on the network or as a P2P payment means .bir gün önce

IOST has a total token supply of 21 billion.