IOST: Tackling the Blockchain Trilemma with IOST's PoB

IOST is an ultra-fast and scalable blockchain that’s striving to meet all the basic requirements of a decentralized economy. Learn more about it in this article, and discover if IOST is something you want to invest in.

What Is IOST?

IOST is a blockchain system reputed to be much faster and more scalable than Ethereum, EOSIO and similar networks. It also lets developers use JavaScript to build DApps.

IOST was created because traditional blockchains are struggling to cope with the issue of scalability.

For instance, Ethereum, one of the oldest and most established blockchain technologies, regularly gets congested due to high traffic. Once the transactions on the blockchain reach a certain threshold, it often becomes difficult for individual nodes to compile and save the bulk of data. Eventually this frenzy leads to congestion, data limitations, security risks and high transaction costs.