IOST Mainnet Transaction Volume Breaks 400 Million!

Zhen
IOST
Published in
4 min readJul 10, 2020

Since the official launch of the IOST mainnet on February 25, 2019, our mainnet numbers such as the number of DApps, the number of mainnet accounts, and the number of mainnet transactions have all grown rapidly. In terms of technology, ecosystem, market, partner nodes, etc. we have also gradually made major achievements and as a result became a leading public chain platform alongside Ethereum, EOS, and Tron.

As of July 9, 2020, the number of transactions on the IOST mainnet officially exceeded 400 million, reaching 400,515,735 transactions.

The unique PoB consensus mechanism of the IOST main network allows the IOST mainnet to have excellent performance, high scalability, and high concurrency on the basis of decentralization and security and can allow thousands of transactions to be conducted simultaneously. This provides a solid technical base and support for IOST to develop deeper cooperation with governments and enterprises.

Mainnet voting

Thanks to the support of more than 400 partner nodes and all community members in the IOST ecosystem, the total number of IOST that are under voting has exceeded 4.6 billion, reaching 4.62 billion, accounting for 30.8% of the circulating supply.

This breakthrough progress means that the IOST ecosystem is deeply recognized and well supported by organizations and community users, and will lay a solid foundation for IOST to continue exploring and deploying new models and propositions in the blockchain industry.

In December 2018, the IOST partner program was officially launched globally. As of now, we have recruited over 400 partner nodes worldwide, received strong support from community members, developers, DApp development teams, media companies, exchanges, mining pools, blockchain enthusiasts, and more! IOST ecosystem partner nodes are all over the whole and cover all fields in the blockchain industry.

The potential return of IOST to nodes and community voters is very high. We think that through a generous incentive plan, partners will be encouraged to make great contributions to the IOST ecosystem and work together with IOST to build the world’s largest decentralized system.

IOST voting will never stop, and all community members are welcome to join. Voting does not only give monetary returns but also determine the future of IOST.

At the same time, IOST candidate applications will always remain open, with no deadlines and no upper limit for the number of candidates, you can apply to join at any time. We hope that more community enthusiasts will become IOST node partners and participate in the community governance and ecosystem construction jointly with IOST, get great returns, and change the future of IOST.

IOST Ranks 1st in Basic Tech

On June 18, 2020, the China Electronics and Information Industry Development Institute (CCID Research Institute) released the 18th issue of the Global Public Chain Technology Evaluation Index. Notably, the latest issue of the index, that ranks the top 37 public blockchain projects in the world has put IOST at a respectful 4th position — rising up a spot from its rank in the previous period. The top four projects comprise EOS, TRON (TRX), Ethereum (ETH), and IOST, respectively.

According to the latest rankings published by the CCID which comes under the Chinese Ministry of Industry and Information Technology, decentralized, public blockchain network IOST ranked 1st in the basic-tech field scoring 108.7 points. Overall, the project ranked 4th ahead of the likes of some of the most prominent cryptocurrencies including Bitcoin (BTC), Stellar (XLM), XRP, NEO, and Litecoin (LTC), among several others.

IOST advantages in terms of function, performance, security, and decentralization have brought IOST to a higher place and to overtake other projects:

The world’s first decentralized & scalable platform that support thousands of nodes and high TPS simultaneously:

  • Developer friendly
  • 0 security issues
  • Original PoB consensus mechanism to ensure high decentralization of IOST blockchain network

Join The IOST Community!

IOST’s Node Program is widely praised as the globally leading staking program by numerous blockchain research institutions with attractive returns, low risk, and ease of use are some of the key program highlights. To learn more and participate in one of the world’s top staking program, please visit:

https://www.iostabc.com/producers

If you would like to hang out with the IOST community on chat, social media or to discuss product development, we have something for everyone:

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Zhen
IOST
Editor for

Senior Community manager, editor, and translator at IOST.