IOST Mainnet Transactions Breaks 700 Million Milestone
As the crucial underlying infrastructure of a public chain ecosystem, the mainnet’s performance determines the development of the whole ecosystem. Since the mainnet launch on February 25, 2019, the IOST development team has maintained an innovative attitude and has carried out frequent version updates and optimizations.
Today, the mainnet transactions on the IOST mainnet have exceeded the 700,000,000 (seven hundred million) mark, reaching a record high of over 700,710,0537 as of the time of writing.
To browse through all the data displayed in this article and more, please visit the IOSTABC blockchain explorer.
About IOST
High fees and slower transaction times on the Ethereum network have left the door open for new solutions to emerge, and IOST is one such project that has been gaining traction since its mainnet launch in 2019.
Backed by significant financial and VC firms such as Sequoia, Matrix, and ZhenFund, IOST is a pioneering decentralized, high-throughput, gas-efficient Proof-of-Believability-powered smart contract platform built to tackle the scalability trilemma once and for all. For this, the concluding ranking from China’s CCID ranked IOST as the best blockchain platform under Basic Technology, better than Ethereum, EOS, and every other smart-contracting platform evaluated by the agency. This is a testament to the quality and ability to roll out a better, innovative product and reflects our genuine desire to be the best in the sphere.
Being one of the public chain leaders in adoption, performance, and utility, IOST remains committed to our mission to unleash the power of blockchain. IOST currently has an ever-expanding 500,000 members community in over 20 countries, over 400 nodes, a top-tier staking ecosystem, and symbiotic relationships with corporations dotted worldwide.
If you would like to hang out with the IOST community on chat, or social media or discuss product development, we have something for everyone:
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