I’m seeing a lot about IOST lately and been doing research and I feel like people aren’t doing their research and just bashing on this project.
I’m not going to go into detail about the team and company but you can do your own research. I’m only going to go into the highlights of the project and it’s comparison to IOTA because it’s pretty much a similar concept.
Let’s go. Internet of Things versus Internet of Services.
For everyone references and not get confused with Internet of Things:
*The Internet of Things is not about physical items being bought or sold. The IoT refers to internet connected everyday items like doorbells, appliances, healthcare machines, cars, the list is limited by only imagination and practicality. These items can interact with each other and users via the internet.
So following that concept:
*The Internet of Services is about providing normally centralized services like data storage, cpu power, website hosting, handling monetary transactions; hosting DApps, etc... IOS is setting up a platform to provide all those services and their blockchain is the financial and security backbone of it. Hope that makes sense of it for everyone!
What do you guys think. Please don’t comment without doing your research. Open to a discussion.
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