What is IOST?
IOST English is called Internet of Services. It is a safe and innovative blockchain technology platform. It provides a high-throughput and scalable decentralization for blockchain-based online intelligent services and digital commodity trading. Ecological environment. In addition to the basic chain research and development, IOS is also committed to creating a safe and efficient distributed platform for developers, setting up special incubation funds to encourage the development of ecological applications, while supporting a large number of uses. The deployment of the distributed application DAPP, the project vision is similar to the Alibaba platform in the blockchain.
Features of IOST
1. EDS (Efficient Distributed Fragmentation): IOST's first fragmentation algorithm, which evenly divides all nodes in the network into smaller fragments, and each word network handles intra-network transactions by itself, thereby improving network throughput;
2.PoB: Adopting a new consensus mechanism: Proof-of-Believable consensus approach; the amount of tokens that users make in the network, the contribution to the community, the comments are good or bad, all will be The user's credibility has an impact. Users with higher confidence will have more chances to be selected to participate in the packaging block;
3. MSB (Micro Block): A technology MircoStateBlock that reduces the history of blockchain is designed. This guarantees that the network can operate efficiently even when the transaction volume is extremely large.
4. Atomix: To ensure that the information in each word network is consistent, use the Atomix protocol to maintain this feature. Original from [second brother blockchain
Intro to IOST
Date of issue: 2018-01-11 Total issuance: 21 billion
Total Liquidity: 8.4 billion Circulation Market Value: US$104 million
Official website: https://iost.io/
IOST white paper: https://iost.io/iost-whitepaper/
Block query: https://explorer.iost.io/