IOST is an ultra-fast, decentralised blockchain network based on the next-generation consensus algorithm “Proof of Believability” (PoB). Led by a team of proven founders and backed by world-class investors, our mission is to be the underlying architecture for online services that meets the security and scalability needs of a decentralized economy.
SCALABLE, EFFICIENT & SECURE
Our powerful consensus algorithm “PoB” enables next-gen transaction speeds while ensuring the ease of use and security required for mainstream adoption
The “Proof-of-Believability” consensus algorithm enables an ultra-fast network while ensuring decentralisation of nodes where hundreds, if not thousands participate in block production and transaction validation each day.
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 users.
PERMISSIONLESS & NEUTRAL
We are committed to a permissionless and transparent network that is open source and accessible for all
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. We challenge the systems that came before us and aim to create a model which cannot be skewed to favor the few at the expense of the masses.
DECENTRALIZED & IMMUTABLE
We are safeguarding the immutability and fungibility of the ledger while ensuring decentralized governance
IOST adheres to the quintessential egalitarian values of blockchain technology. We believe in the original intent of a censorship-resistant and trustless network that is open to all. We use blockchain technology to cut out middlemen and maximize network value for all parties.
We are building a truth machine preserving one universally accepted version of history. Transactions or ledger history cannot for any reason be reversed or modified and fundamental network mechanisms ensure no capitulation towards centralized control.
Theseus helps companies and organizations identify how blockchain technology can be used to improve their business. Theseus was created to support the development of decentralized applications capable of leading the charge for the mass adoption of blockchain technology. They also provide engineering solutions for third-parties that want to integrate their products and businesses onto the IOST blockchain.
Bluehill is a global network of talented individuals established to support startups, DApp development and blockchain technology innovations. They work with the best developers and entrepreneurs in the industry to facilitate the growth and adoption of blockchain technology. Bluehill provides services including funding, advisorship, operations, marketing, recruitment and industry partners.
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Endless Dice Officially Online | Transaction Volumes Ec 700 Million IOST within First Day of Launch
IOST has always been committed to building a playable blockchain ecosystem, and many quality game teams will gradually bring a large…
2019.03.22 / 4min read. Read More
Tech Update: 20 March 2019
There are still numerous developer bounties up for grabs and if you wish to be rewarded for your contributions to the IOST ecosystem, you…
2019.03.20 / 0min read. Read More