HashQuark now joins IOST as one of its Partner Nodes, getting deeply involved in the process of IOST community governance on behalf of its token holders.
IOST is a blockchain application platform developed for online service providers, supported by Sequoia, Matrix, ZhenFund and other world-class investors. Only a month after the mainnet launch, IOST has officially become the fourth largest DApp public chain platform in the world besides Ethereum, EOS and Tron. In early April, IOST’s daily transaction volume has surpassed ETH, ranking third in the world.
IOST will achieve scalability and high TPS through POB consensus algorithm and the design of the second-tier scaling scheme. Through developing an effective community-owned network, it provides a platform for third-party developers, creators, and enterprises to realize greater value. IOST can improve transaction performance without sacrificing decentralization, i.e. protecting privacy, public participation and protecting communities from malicious attacks. IOST is more decentralized than EOS which is based on DPoS mechanism and more scalable than ETH smart contract platform.
HashQuark’s being one of IOST’s Partner Nodes heralds its continued efforts in building up a more enabling IOST ecosystem, where a lot more validators will be joining in as an integral part and work collaboratively for its further development. Likewise, a better developed IOST community will, in turn, lead to an even stronger presence of HashQuark in the world of blockchain, both inside and outside China.
Prior to this, HashQuark joined multiple public blockchains as one of their (genesis) validators, including Cosmos, IRISnet, V SYSTEMS, CyberMiles, Cybex, and VeChain. And with IOST now going live on HashQuark, new staking services and campaigns will surely come in.
HashQuark
HashQuark is a new generation staking pool focused on public chains built upon the likes of PoS and DPoS, and its operation is led by executives with years of expertise in blockchain technology. Staking is made easier in HashQuark; users simply need to deposit tokens into their accounts and HashQuark will then provide staking services to them in a safe, transparent and efficient way.