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IOST (IOST)

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IOST (IOST) is a blockchain platform that is building a network with high throughput with the intention of being “the underlying architecture for the future of online services.” Founded in 2017 by Justin Li, Terrence Wang, Jimmy Zhong, Sa Wang, Kelvin Tan, and Ray Xiao, the project’s name is short for “Internet of Services Token”.

IOST’s focus is more on the enterprise level than it is on retail, with the team explicitly mentioning that it is focusing on services, bringing them together on one blockchain platform that can scale to the level required for global usage.

The IOST network utilizes a distinct consensus mechanism called Proof-of-Believability (PoB), which the team says lends itself to scalability and security. With horizontal scaling and high transaction throughput in mind, the team uses sharding, along with its consensus mechanism, to achieve what they say is 100,000 transactions per second. 

IOST launched version 1 of its mainnet, Olympus, in February 2019, six months before schedule. For the rest of 2019, and going into 2020, the team is focusing on creating decentralized applications and optimization through machine learning implementation. 2019 has also seen a lot of effort with IOST’s Global Partners Program, through which members can become nodes on the network. The team has an ambitious goal of on-boarding over 100 million users in 2019.


IOST - IOSChain, DR-Protocol & more

9 Jan 2021 1 minute read 0 comments CryptoKraut

New to Publish0x? Register here (affiliate link) and start earning crypto everytime you read or write an article.​ What is IOST Despite the recent hype in the cryptocurrency market, the underlying blockchain technology is still at an early stage and...

IOST – Forbidden Identifier Bypass With Unicode Encoding

7 Nov 2020 3 minute read 2 comments art_of_bug

Welcome back. Once more today we come back to IOST. After some cooperation with the team, we were told the funds were exhausted for our cause and hence they can't incentivize our efforts anymore. Since the incentive is gone, today's report is somewha...

Achieving Maximum Decentralization without Compromising Security: DeFi’ing the Odds with IOST

28 Sep 2020 6 minute read 1 comment insidetrader

As at the heart of our lives, in the world of cryptocurrencies, objects that have the ability to always create '‘hype’' and the wind they take behind them are a well-known fact. Sometimes it was called ‘'high earnings throıgh ICO sales'’, sometimes i...

IOST - The sleeping Dragon

15 Sep 2020 4 minute read 4 comments Heruvim78

I am strangely attached of IOST, as it was launched on my brithday, in 2018. I use to follow them, and at the time they got a generous faucet, so i had a notable amount at the end of 2019, which i sent to the wrong address and it was iremediably lost...

IOST – ArrayBufferAllocator Reusing Problem

12 Sep 2020 6 minute read 3 comments art_of_bug

Welcome back. Today we come back again to IOST. And again, today's report is on an already fixed vulnerability allowing the attacker to critically damage whole network with just sending calls to a specially crafted contract. The proof of knowledge is...

IOST – Timed Out Transaction Validation Problem

19 Jul 2020 7 minute read 2 comments art_of_bug

Welcome back. Today we come back to IOST. As we mentioned before, IOST team contacted us and we've been working together since. Today's report is on an already fixed vulnerability allowing the attacker to critically damage whole network with just sen...

Full List of 2020 IOST Partnerships, Integrations, And Collaborations

17 Jun 2020 6 minute read 3 comments list3r

IOST is a new generation of enterprise blockchain platform which is specifically made to embrace the era of Internet of Services. It has adopted newer technologies such as efficient distributed sharding, node-to-shard protocol, and even a novel Proo...

BlockArcade - DApp Overview

31 May 2020 1 minute read 4 comments Chriss

  Friends and fans of Arcade Games, this Dapp available on the IOST Blockchain is made for you.   It will bring back good memories, the time when we went to rooms full of Arcade Games, with a surrealist atmosphere, and something for everyone to enjoy...

DappStats, the very first DApp analysis site that rewards its users

28 May 2020 2 minute read 2 comments Chriss

Hello everyone! Do you know DappStats? This brand new Dapps analysis service, launched in September 2019, breaks the codes established by other sites of this kind, optimizing the user experience on several points   First and most importantly, DappSta...

IOSTVegas -Dapp Review

26 May 2020 1 minute read 6 comments Chriss

  Hi, let me introduce you to my very first Dapp review.  I hope it will be able to arouse your interest... Feel free to tell me in comments how I can improve, what is wrong, or on the contrary what is good.    Thanks   Do you like Las Vegas and...