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What is IOStoken (IOST)?

IOStoken is a blockchain project aiming to solve the problems of high fees and slow transaction speeds found on Ethereum and other crypto networks. It seeks to create a scalable and affordable network for decentralized applications, especially for service-oriented projects and the exchange of online services and digital goods. Launched in 2018, IOST is the platform's native cryptocurrency, used for staking, trading, and ecosystem participation. It has a maximum supply of 90 billion. Key features include Proof-of-Believability (PoB) consensus, where 17 nodes validate transactions and earn rewards, and Efficient Distributed Sharding for faster speeds and scalability. Developers benefit from low fees, fast response times, and stable network performance. IOST also provides tools for NFT develo...

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