In the past year, the blockchain industry has experienced its fair share of ups and downs. Beyond wild valuations and price swings, we have seen dramatic progress in the space — more than in any year since Satoshi Nakamoto mined Bitcoin’s genesis block back in 2009.
Mainstream acceptance seems to draw ever closer, with popstars rapping about Bitcoin, government officials championing the technology, top tier universities offering blockchain courses and investing into funds, as well as highly promising ecosystem developments like Bakkt, ETF’s and regulatory clarifications opening up the doors for institutions to enter the space.
During this eventful year, IOST has made great progress with our technology. The second version of our test network ‘Everest v1.0’ successfully launched last quarter and as a result, the mainnet launch date has been pushed forward by 2 quarters and is now scheduled for Q1 of 2019.
Much of this technical progress was made around the development of our proprietary consensus mechanism “Proof of Believability” (PoB)....
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