IOST describes itself as a “super-fast”, complete and decentralized blockchain network and ecosystem with its own nodes, wallets and based on a “next generation” consensus protocol dubbed “proof-of-believabilit
How Is the IOST Network Secured?
In order to compete with hundreds of niche blockchains, IOST relies heavily on its proof-of-believability protocol (PoB) and efficient distributed sharding (EDS) to improve the scalability and security of its blockchain.
IOST is built for enterprise use, so it claims to be able to handle heavy loads produced by big tech companies such as Amazon, Google and Facebook. Partnerships appear to be key for the project’s success.