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What is IOST?

IOST represents a state-of-the-art blockchain network characterized by its remarkable speed, scalability, and security, driven by a unique consensus mechanism called "Proof of Believability" (PoB). Our dedicated team of experts, backed by prominent investors, strives to establish a robust framework for online platforms that meet the essential requirements of security and scalability in a decentralized economy. The challenges posed by high transaction costs and slow processing times in the Ethereum network have paved the way for innovative alternatives, thereby establishing IOST as a pioneer with its cutting-edge technology since the activation of its mainnet in 2019. IOST's fundamental technology—a decentralized blockchain with the capacity for high throughput—surpasses 37 major competitors, such as EOS and Ethereum, by more than five times, as highlighted by recent evaluations from China's Center for Information and Industry Development. Boasting an impressive block generation time of just 0.5 seconds and the capability to process up to 8,000 transactions per second, developers can confidently build applications on the IOST platform without concerns about performance constraints. This exceptional functionality not only significantly improves the user experience but also expands the potential for groundbreaking applications within the blockchain sector, fostering a vibrant ecosystem for future innovations.

What is Algorand?

We focus on developing technology that ensures smooth financial transactions. As the trailblazers of the first-ever open and permissionless pure proof-of-stake blockchain protocol, we provide vital security, scalability, and decentralization without the necessity of forking, which are essential components for today’s economy. Our award-winning team assists traditional financial institutions as well as decentralized finance businesses in moving towards a space of simplified financial operations. This state-of-the-art technology establishes the foundation for groundbreaking applications, while our advanced smart contract functionalities enable decentralized finance solutions and decentralized applications that can handle billions of users and tens of millions of transactions each day, all at low fees. The Algorand Standard Assets provide customizable blockchain asset solutions on Layer-1, guaranteeing secure transfers and instant settlement for transactions involving multiple parties. This structure allows businesses to adopt decentralized financial practices with confidence, ultimately revolutionizing the finance sector. Furthermore, as we progress, our dedication to improving financial accessibility and operational efficiency is steadfast, ensuring that we remain at the forefront of innovation in this rapidly evolving field.

Media

Media

Integrations Supported

Binance
Bithumb
CoinEx
Crypto.com
Gate.io
HTX
KuCoin
Upbit
WazirX
Amazon Web Services (AWS)
Ankr
Coincheck

Integrations Supported

Binance
Bithumb
CoinEx
Crypto.com
Gate.io
HTX
KuCoin
Upbit
WazirX
Algo Explorer
Bitfinex
Freehold
Ledger Nano X
Paribu
PayBitoPro

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

IOST

Company Website

iost.io

Company Facts

Organization Name

Algorand

Date Founded

2017

Company Location

United States

Company Website

www.algorand.com

Categories and Features

Blockchain

Not specified

Layer 1 Protocols

Not specified

Categories and Features

Blockchain

Not specified

Crypto Staking

Not specified

Layer 1 Protocols

Not specified

Smart Contract

Not specified

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