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IOST is building an ultra-high TPS blockchain infrastructure to meet the security and scalability needs of a decentralized economy. Led by a team of proven founders and backed by $40 million from world-class investors, including Sequoia and Matrix, IOST aims to be the underlying architecture for the future of online services.

The powerful consensus algorithm “Proof-of-Believability” enables next-gen transaction throughput speeds while ensuring nodes stay compliant, using factors including IOST token balance, reputation-based token balance, network contributions and user behaviors. A faster grade Byzantine Fault Tolerance mechanism, microstate blocks, Atomic Commit protocol and a dynamic sharding protocol (Efficient Distributed Sharding) all ensure transactions are safeguarded, consistent and lightning fast while reducing storage, configuration costs and processing power for validators. 

Anyone is able to participate in every layer of our system, from using services on our blockchain to running a node and validating transactions. Our rules and code are open for all to see and no preconditions will limit participation. IOST aims to fundamentally disrupt previous methods of business by creating a self-operated, trustless network that maximizes network value for all parties. The project places great emphasis on decentralized and secure ways of storing information. It also provides for Dapps and smart contracts, and anyone who is familiar with blockchain technology knows just how integral these two concepts have become.

Adhering to the quintessential egalitarian values of blockchain technology, IOST is creating a censorship-resistant and trustless network that is open to all, using blockchain technology to cut out middlemen and maximize network value for all parties. 

Terrace Wang, Kimmy Zhong, and Ray Xiao, who are extremely brilliant, have co-founded the project. In addition to these original three, the project has 12 employees and 4 advisors. It is also worth noting that Ryan Bubiski, a co-founder of CodeAcademy and a winner of Times Most Influential People award plays a major role in the advisory board of the project. The team has partnered with about sixteen blockchain and cryptocurrency oriented companies such as Sequoia, Nirvana Capital, and DFund. The project, therefore, has strong investors."

IOST

Blockchain Platform IOST Reports Mainnet Surpassing 300 Million Block Height and 800K Accounts

Binance Will Delist a Whopping 19 Trading Pairs on October 6th

IOST's NFT And Blockchain Traceability Services Now Available On Tencent Cloud

DLT Adoption: IOST, Lifty to Advance Web3 Gaming, Support Blockchain Awareness Initiatives

IOST Node And Sigma Partnered To Launch The Cross-chain Bridge Sigma-Bridge

Hong Kong: IOST Collaborates with Fintech, Digital Transformation Professional to Establish Global Education DAO

Web3: BitValue Capital Invests $10M in IOST to Enhance Web3, AI Integrations

Why Chinese Crypto Coins May Skyrocket In Coming Weeks?

IOST Token Surges after Unveiling Integration with AWS

IOST Traders Excitement Over News of AWS Partnership Short-Lived as Price Gains Wiped Out

IOST partnership with Amazon web pushes native token higher

IOST Network's Token Surges Over 8% on Deal With Amazon Web Services

Digital Assets: Binance Custody Now Supports IOST

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