|Brief||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 world-class investors, our mission is to be the underlying architecture for the future of online services.|
|Last updated:||Wednesday, November 13, 2019 7:58:07AM UTC|
|Current price, USD:||0.006|
|Current price, BTC:||0.0000007|
|Market capitalization, USD:||76 977 515|
|Available supply:||12 013 965 609 IOST|
|Volume 24 hours, USD:||35 622 015|
General IOST facts, technical details and general information about IOST crypto currency
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 world-class investors, our mission is to be the underlying architecture for the future of online services.
IOST network scales for global use while ensuring the usability and integrity required for mainstream adoption. IOST 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.
We list daily IOST historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Nov 04||0.007||0.007||0.007||81 012 863|
|Nov 05||0.007||0.007||0.007||84 232 042|
|Nov 06||0.007||0.007||0.007||83 470 680|
|Nov 07||0.007||0.006||0.007||78 669 618|
|Nov 08||0.007||0.006||0.007||72 007 882|
|Nov 09||0.006||0.006||0.006||71 886 953|
|Nov 10||0.006||0.006||0.006||74 065 248|
|Nov 11||0.006||0.006||0.006||74 840 349|
|Nov 12||0.006||0.006||0.007||77 299 589|
|Nov 13||0.006||0.006||0.006||76 977 515|
|IOST price change 24 hours||1.64%|
|IOST price change 7 days||-7.48%|
Over the course of the year, IOST showcased the price action, the intensity of which was sufficient enough to draw my attention to this coin. To be fair, I am not very impressed with the fundamentals of this cryptocurrency. They supposedly have some solution that could resolve the blockchain scalability issues, but I have never heard of them being put into practice, though the project has been live for several years. In any case, you shouldn't go all-in on IOST, but having at least 3% of your portfolio dedicated to that coin could be a good way to go.
IOST just released their main net, and guess what it did? Of course it pumped and I've been accumulating this coin since 6 months ago. I'm in huge profit from this single move, and I'm ready to head back to BTC. 've been anticipating this news release forever, so it's great to see it pan out how i thought it would. This goes to show you that buying grade-a projects like these and waiting is the best strategy.
IOST has so much momentum it's crazy. This project is about to put so many other blockchain projects out of business it's not even funny. This is a big moonshot coin with atleast 5-10x potential by the next bullrun. There is no way IOST is going to disappear because of crypto winter. If anything their developement has only increased according to their Github. The time to get in is now!
IOST has tons of potential. Not just because of its TPS capability but because of the partnerships that it's established. These are partnerships that will not just dissolve in the next week. IOST is patiently building out their ecosystem and anyone that is invested in blockchain should understand what they are trying to accomplish. It's uncommon in the world of crypto that a project and its developers are so dedicated to providing their user base with such a groundbreaking platform. TPS is just one piece of the pie, and there is so much more to learn.
How many more these pamps will be, watch the token you will be in the know, you don't need to worry about closing 1 day earlier, the project's team should be serious, so be patient and wait for news from the team and the manager. Regarding the accrual of tokens, it usually happens within a month after the completion of all companies, sometimes earlier.
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