IOST was in the final stage of developing a cross-chain bridge to Polkadot in early March. The trial version of its cross-chain bridge with Ethereum will be launched in April. This will give users on Ethereum access to quicker and cheaper transactions.
IOST users will also have more options to earn with DeFi and staking. Look no further than this short article for all the details about IOST: what it is, is it worth investing in, and the best places to buy IOST now.
Top places to buy IOST now
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
WazirX is India's largest crypto exchange. Started in 2018, WazirX has grown to be the most trusted exchange in the Indian crypto market. It is a part of the binance group, serving users in 180 countries.
What is IOST?
IOST is described as a fully decentralized, superfast ecosystem and blockchain network with its own wallets and nodes. It’s based on Proof of Believability, a next gen consensus protocol.
IOST was founded by Jimmy Zhong, Terrence Wang, Kevin Tan, Ray Xiao, Justin Li, and Sa Wang and launched in January 2018. Its open-source blockchain infrastructure is designed to be scalable and secure.
Its ultimate goal is to be the backbone for future online services. The consensus algorithm makes sure network transactions are fast and secure.
The IOST token is a way to resolve the issue with scalability for big companies, which might not be able to leverage blockchains in a customer-facing setting.
Should I buy IOST today?
Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also, consider how you would feel about losing money.
IOST price prediction
Wallet Investor expects an increase in the next 5 years. They predict IOST will be worth $0.137 in March 2027. If you invest $100 in it now, you might have $286 in 2027.
IOST on social media
— IOST中文社区 (@IOST_CN) March 31, 2022