IOST

IOSTIOST

Rank #136
Coin
On 121,042 watchlists

IOST Price (IOST)

$0.04003
1.33%

0.000000704 BTC1.16%

0.000008749 ETH1.35%

Low:$0.0395
High:$0.04126
24h
IOST  IOST IOST
Price:
$0.04003
 1.33%
Market Cap
$724,490,380
1.33%
Fully Diluted Market Cap
$3,602,494,155
1.33%
Volume
24h
$105,588,112
29.12%
Volume / Market Cap
0.1457
Circulating Supply
18.10B IOST
20%
Max Supply
90,000,000,000
Total Supply
18,099,719,631
Sponsored

IOST to USD Chart

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IOST Price Live Data

The live IOST price today is $0.040028 USD with a 24-hour trading volume of $105,588,112 USD. We update our IOST to USD price in real-time. IOST is down 1.33% in the last 24 hours. The current CoinMarketCap ranking is #136, with a live market cap of $724,490,380 USD. It has a circulating supply of 18,099,719,631 IOST coins and a max. supply of 90,000,000,000 IOST coins.

If you would like to know where to buy IOST, the top cryptocurrency exchanges for trading in IOST stock are currently Binance, Mandala Exchange, OKEx, Huobi Global, and KuCoin. You can find others listed on our crypto exchanges page.

What Is IOST (IOST)?

IOST describes itself as an “ultra-fast,” fully fledged and decentralized blockchain network and ecosystem with its own nodes, wallets and based on the “next-generation” consensus protocol dubbed “proof-of-believability.”

Who Are the Founders of IOST?

The project was launched in January 2018 by Jimmy Zhong, Terrence Wang, Justin Li, Ray Xiao, Sa Wang and Kevin Tan.

Zhong has founded other tech startups in the U.S. and China. During his university days, he sold his first company for $40 million — a marketplace where students could exchange class notes. After that, he returned to Beijing and co-founded IOST, among other projects.

Wang’s previous experience includes serving as an Uber software engineer. He holds a degree in computer science from the University of Minnesota and a masters in computer science from Princeton University.

Li previously worked as an investment banking associate at Goldman Sachs and a data scientist at Mobike. He graduated with a degree in applied mathematics and computer science. Meanwhile, Tan was a co-founder at Ethercap, while he received a degree in computer science from Tsinghua University.

Xiao co-founded Dora — alongside Jimmy and Sa — an AI company focused on intelligent kiosks. He studied computer science and quantitative economics at university.

What Makes IOST Unique?

IOST’s blockchain infrastructure is open-source and designed to be secure and scalable — all in the hope that it will serve as the backbone for online services in the future.

The team have developed a “proof-of-believability” consensus algorithm to ensure transactions on the network are secure and efficient.

One of the biggest challenges that IOST aims to resolve centers on how big companies may not be able to embrace blockchains in a customer-facing environment unless they are scalable. The Internet of Services Token is put forward as a way of tackling this problem.

To understand IOST, the best way to do it is by comparing it to its nearest competitors: Ethereum is the most popular smart contract platform for developers. It can also be compared to EOS and TRON, which are highly scalable smart contract platforms with high usage.

The largest difference between IOST and its competitors is how it claims it can process up to 100,000 transactions per second compared with Ethereum’s 20, Tron’s 2,000 and EOS’s 4,000.

In order to reach these transaction speeds, the IOST team has created a novel blockchain architecture, which introduces and combines several innovations including a Distributed Randomness Protocol, Efficient Distributed Sharding, TransEpoch, Atomix, Proof-of-Believability and Micro State Blocks.

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How Many IOST (IOST) Coins Are There in Circulation?

IOST has a total token supply of 21 billion. An ICO was held in January 2018 where 40% were sold, raising about $31.3 million worth of ETH at the time.

As for the remainder, 35% has been retained by the IOST Foundation, 12.5% was allocated to building the community, 10% went to the IOST team and 2.5% was dedicated to investors and advisors.

How Is the IOST Network Secured?

In order to compete with hundreds of niche blockchains, IOST relies heavily on its proof-of-believability protocol (PoB) and efficient distributed sharding (EDS) to improve the scalability and security of its blockchain.

IOST is built for enterprise use, so it claims to be able to handle heavy loads produced by big tech companies such as Amazon, Google and Facebook. Partnerships appear to be key for the project’s success.

Where Can You Buy IOST (IOST)?

IOST can be bought at many exchanges such as Bittrex, CoinEx, Livecoin, Binance and Bitrue.

Read more here about how to buy Bitcoin.

IOST to USD Converter

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IOST Price Statistics

IOST Price Today
IOST Price$0.04003
Price Change24h$-0.000538
1.33%
24h Low / 24h High
$0.0395 /
$0.04126
Trading Volume24h$105,588,111.63
29.12%
Volume / Market Cap0.1457
Market Dominance0.03%
Market Rank#136
IOST Market Cap
Market Cap$724,490,379.68
1.33%
Fully Diluted Market Cap$3,602,494,154.62
1.33%
IOST Price Yesterday
Yesterday's Low / High
$0.03941 /
$0.0419
Yesterday's Open / Close
$0.04054 /
$0.04034
Yesterday's Change

0.49%

Yesterday's Volume$107,198,508.40
IOST Price History
7d Low / 7d High
$0.03541 /
$0.04527
30d Low / 30d High
$0.03541 /
$0.05719
90d Low / 90d High
$0.03571 /
$0.08626
52 Week Low / 52 Week High
$0.004799 /
$0.09073
All Time High
Jan 24, 2018 (4 years ago)
$0.1365
70.67%
All Time Low
Mar 13, 2020 (2 years ago)
$0.001562
2462.53%
IOST ROI

70.15%

IOST Supply
Circulating Supply18,099,719,631 IOST
Total Supply18,099,719,631 IOST
Max Supply90,000,000,000 IOST