IOStoken Price Prediction 2018, IOST Forecast and Price Charts – When to buy IOStoken? What is the IOStoken price today? IOStoken Forecast, Short term and Long term Price Predictions for Next Months and Year: 2018, 2019 and 2020.
IOStoken (IOST) Price Prediction 2018
IOStoken is making its progress each day, and the investors can expect a significant hike in the coming months. IOST is trying to decode the interoperability between blockchains. But now it is not backed by the predictors as it is related to other famous coins, it has not given a charming surge in its price value. As of 18-4-2018, the price of IOST stands at $0.037. There is 8,400,000,000 IOST’s out there, and the market cap is $291,798,360. The trading volume is at $30,252,100.
What is IOStoken (IOST)?
IOStoken is a comparatively new cryptocurrency. IOS stands for Internet of Services. The crypto is meant to offer a robust infrastructure for all online service providers. It is an innovative altcoin and comes with a stable blockchain technology which provides horizontal scalability.
IOStoken (IOST): History
The primary IOS blockchain tokens are described IOST. There’s a whole supply of 21 billion IOST. There will be no public sale for IOST. The token deal was only open to institutional investors. The private transaction was completed in early May 2018. 40% of the total supply of tokens were allotted during the private token sale. IOStoken is the love child of Terrence Wang, Jimmy Zhong, Ray Xiao, Bosch Lee, and Kelvin Tan. The company is based in Singapore. The project’s whitepaper was published in December of 2017 with the development ongoing. The team is targeting a slightly high 100,000 transactions/second which is done can put it far ahead of others in the market.
How Does IOStoken (IOST) Work?
IOStoken makes use of some different technologies to achieve its goals. One of those is the Efficient Distributed Sharding technology that ensures high throughputs by dividing the entire chain into more manageable shards and allowing different consensus groups to process them simultaneously. To provide complete randomness to this process, they have developed their own Bias Resistant Distributed Randomness protocol and to top it off they use Proof-Of-Believability consensus to increase throughput while maintaining security.
How To Buy IOStoken (IOST)?
Buying some IOStoken is pretty much similar to how you buy any other coin based on the Ethereum blockchain. Get yourself an account and wallet in MyEtherWallet and then keep the password and all other valuable info somewhere safe. Then you have to have either BTC/ETH with you. Then head over to Binance and create an account and deposit the BTC/ETH you bought earlier. Then exchange it for IOStokens.