This article was first published on Stories by IOS Foundation on Medium
Since the start of the token swap on Mar 10, major exchanges that support IOST mainnet token swap are automatically swapping users’ tokens from ERC-20 to IOST mainnet tokens. In addition, a series of Dapps will gradually be released online. With the continuous contributions from the IOST Global Partners, the release of our iWallet and multiple DApps which will attract a large number of users, we believe a comprehensive and inclusive IOST ecosystem will soon take shape.
A big thank you to Lucas, who has developed the iWallet Chrome extension for IOST, for his excellent contribution.
This article is written to help IOST users fully understand the A-Z of the IOST blockchain, and how you can use IOST Dapps easily. We have summarised the common questions from the community and answered these questions below. We hope this article will give you some insight on blockchain technology and how the IOST ecosystem operations.
1. What are the resources of the IOST main net?
Working off the developments made by earlier projects the blockchain industry, IOST has designed a significantly more user-friendly and equitable system for the classification, allocation and use of mainnet resources.
IOST main network resources are divided into (a) iGAS and (b) iRAM.
If we use an equation to represent this classification, the calculation of the system resources on a public chain is as follows:
System resources = NET (bandwidth) + CPU (hard disk) + RAM (memory)
And on IOST main net:
iGAS = NET (bandwidth) + CPU (hard disk)
2. What is iGAS?
iGAS are the transaction fees to be paid when you make a transaction on the IOST mainnet.
3. How can I get iGAS?
You can get IGAS by staking IOST. When you don’t need iGAS anymore, you can redeem the same amount of IOST that you have staked before.
By staking 1 IOST, you can get ...
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Stories by IOS Foundation on Medium