#Binance Adds IOST/BNB and IOST/USDT Trading Pairs
Binance will open trading for IOST/BNB and IOST/USDT trading pairs at 2019/03/22 4:00 AM (UTC).
About IOST: IOST (or “the Project”), which stands for Internet of Services Token, is an enterprise-level blockchain system for the Internet of Services. The platform is focused on blockchain technology that is ready for mass adoption by providing a Blockchain as a Service product.Key Features of the IOSTProof-of-Believability (“PoB”): A Byzantine consensus protocol with a Believable-First approach that guarantees safety and liveness of the system while largely maximizing the transaction throughput by size-one-shard.Micro State Block (“MSB”): Mechanism to minimize the storage and bootstrapping costs for validators.Efficient Distributed Sharding (“EDS”) (under testing): Sharding scheme that makes shards sufficiently large and strongly bias-resistant via a combination of a client-server randomness scavenging mechanism and leader election via cryptographic sortition.TransEpoch (under testing): Secure validators-to-shards assignment during epoch transitions while maintaining transaction operability.Atomix (under testing): Two-step inter-shard atomic commit protocol that guarantees transaction atomicity in Byzantine setting.The Project’s mission is to be the underlying architecture for the future of blockchain services.
IOST (IOST) is the 59th largest cryptocurrency by market cap size. Its market cap is currently $103,866,844 USD and it has a circulating supply of 12,013,965,609 IOST. It's up 4.47% over the past 24 hours and is currently trading at $0.008646 USD