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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 Hyperledger Besu?

Hyperledger Besu is an Ethereum client designed specifically for enterprise-level applications that operate within both public and private permissioned networks. It can function on several test networks, including Rinkeby, Ropsten, and Görli, which facilitates extensive testing and development. This client offers support for a variety of consensus mechanisms, such as Proof of Work (PoW) and Proof of Authority (PoA), incorporating options like IBFT, IBFT 2.0, Ethash, and Clique to meet different operational needs. Its strong permissioning frameworks are tailored for consortium environments, ensuring secure and controlled access. Moreover, Hyperledger Besu aligns with the Enterprise Ethereum Alliance (EEA) specifications, which are designed to create consistent interfaces across a range of Ethereum projects, whether they are open-source or proprietary. This alignment is pivotal in preventing vendor lock-in and promoting standardized interfaces for efficient application development. By integrating its enterprise features with EEA client standards, Hyperledger Besu plays a significant role in bolstering the Ethereum ecosystem. In addition, the implementation of varied consensus algorithms is essential for functions like transaction and block validation as well as the creation of new blocks, thereby significantly enhancing its reliability and performance, which is crucial for enterprise adoption. As a result, users can benefit from a well-rounded platform that addresses both scalability and security in their blockchain initiatives.

Media

Media

Integrations Supported

Ethereum
Ankr
BigONE
Binance Bridge
Bithumb
CoinEx
Coincheck
DigiFinex
Hotbit
KuCoin
LINE BITMAX

Integrations Supported

Ethereum
IBM Cloud
Kaleido
RocksDB
Truffle POS
Wipro Cloud Studio

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
Linux

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

IOST

Company Website

iost.io

Company Facts

Organization Name

Hyperledger

Date Founded

2015

Company Location

United States

Company Website

www.hyperledger.org/use/besu

Categories and Features

Blockchain

Not specified

Layer 1 Protocols

Not specified

Categories and Features

Blockchain

Not specified

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