About IOST

IOST is developing a high-throughput blockchain infrastructure designed to address the security and scalability challenges faced by decentralized economies. With a founding team that includes experienced professionals and significant financial backing, IOST seeks to establish itself as a foundational platform for future online services. The project emphasizes an innovative consensus mechanism known as "Proof-of-Believability," which enhances transaction speeds while ensuring compliance among nodes. This mechanism incorporates various factors such as token balance and user behavior, contributing to a robust network that supports efficient transaction processing. The IOST ecosystem is designed for inclusivity, allowing anyone to engage with its services, operate nodes, and validate transactions without restrictive preconditions. The architecture prioritizes decentralized information storage and supports the development of decentralized applications (DApps) and smart contracts, which are essential components of modern blockchain technology. By fostering a trustless and censorship-resistant environment, IOST aims to eliminate intermediaries and enhance the overall value of the network for all participants. The project is spearheaded by co-founders Terrace Wang, Kimmy Zhong, and Ray Xiao, supported by a dedicated team of professionals and advisors committed to realizing its vision.