Altcoins News

Story: IOST “Proof of Believability” (PoB) Ranks First in Basic Technology

By Steven Anderson

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IOST is based on the next-generation consensus algorithm “Proof of Believability” (POB) backed by world-class investors.

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The standard implements for the now blockchain industry like scalable, efficient, secure, permissionless, neutral, decentralized and immutable are applicable for IOST.

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In August 2020, IOST launched a $6 million DeFi Incentive Fund 2.0.  The investment was literally an all-in move with the total valuation being up to $7 million of Noah’s…

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The multi-million dollar DeFi Specific Fund served developers who were looking for funds in several categories like Liquidity Pool DEX, Lending Protocols, Stablecoins, Financial…

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Those developers and teams who were chosen for the IOST DeFi Support receive the complete, unconditional support from IOST.

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Technical experts are facilitating high quality one-to-one development support. For the best projects, IOST are also providing recommendations for listings.

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IOST is all set to spearhead the DeFi Wave facilitating changes with a social impact leading to an inclusive and open financial ecosystem.

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For clarity on CCID, it is The Center for Information and Industry Development (CCID), an agency under China’s Ministry of Industry and Information Technology, and a part of the…

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IOST tweeted:  “IOST Leads under “Basic Technology” & ranks third only behind EOS and Ethereum in the Latest ranking by CCID- an agency under China’s Ministry of Industry and…

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Overall, IOST ranks 3rd but in terms of basic technology it ranks first. The assessment is based on applicability, creativity, and basic technology. 

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When CCID checked IOST for the support they provide to dApps, they were able to see that the category of focus is on node deployment, wallet application, development support, and…

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The IOST staking economy facilitates better security to safeguard the digital assets and privacy of users.

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