IOST (IOST)
Rank #639
Market snapshot
- Price
- $0.00055995
- Market cap
- $19.5M
- 24h volume
- $3.1M
- Circulating supply
- 34,761,723,387
- Total supply
- 48,617,354,501
- Max supply
- 90,000,000,000
What is IOST?
IOST is a cryptocurrency designed to facilitate transactions within the IOST ecosystem. It leverages blockchain technology to improve payment processing and integration with hardware solutions. The platform focuses on creating a scalable and efficient environment for decentralized applications.
How IOST works
IOST employs blockchain technology to enhance payment systems through integrated hardware, known as PayPIN. It features PayFi, a Layer-2 payment solution that connects multiple blockchain ecosystems, promoting interoperability and value flow. The architecture is designed for low-latency and scalable transactions, particularly for real-world asset (RWA) transactions.
Key information
- Symbol
- IOST
- CMC rank
- #639
- Network / platforms
IOST, BNB Chain
- Categories
- N/A
- Date added
- Jan 16, 2018
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
IOST
token.iost
Token contracts on other networks
BNB Chain
0xAf48B7e315a52518CfBF7d96C455D9dFAD94cB48
Key characteristics
IOST is categorized under several tags, including the Binance ecosystem and IoT. It utilizes a low-latency, scalable blockchain architecture, which supports efficient transaction processing. The platform also integrates hardware solutions to enhance payment systems.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is IOST?
- IOST is a cryptocurrency that operates within the IOST ecosystem, focusing on enhancing blockchain technology applications.
- How does IOST work?
- IOST utilizes blockchain technology to improve payment systems through integrated hardware and a Layer-2 payment solution that connects multiple blockchain ecosystems.
- What are the technical characteristics of IOST?
- IOST features a low-latency, scalable blockchain architecture designed for efficient transaction processing.
- What are the risks associated with transferring IOST?
- Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets and understand the custody and transfer risks.
- How can I verify the acquisition of IOST?
- Verify the asset name, network, and contract details before transferring IOST. Ensure that the destination address and network are correct.
- Where can I find official resources for IOST?
- Official resources for IOST include the IOST website, technical documentation, and source code available on GitHub.
Related cryptocurrencies
Listed from stored network and category relationships, not a similarity score.
