Hi Hive Bloggers!
I would like to share my experiences using the IOST blockchain for my first blog post here on Hive!
Its like Tron :), has many cool dapps, easy to use for a non-programmer and while the blockchain space is in disrepair from being wrapped up in the social issue of the moment ( Corona Virus, the world has been in one week in isolation ) there isn't a better time to get acquainted with new technology! ( HIVE INCLUDED ).
The wallet I use is the Iwallet Brave Browser extension, which generates your new wallet
https://chrome.google.com/webstore/detail/iwallet/kncchdigobghenbbaddojjnnaogfppfj
I purchase interesting tokens for use in Dapps on IOSTDEX ie IOSTWIN which is the oldest gaming platform on IOST where your participation can lead to juicy IOST REWARDS!
So the platform is very similar to Tron as you can see, gaming dapps, defi, trading dex, staking rewards.
Then why would I play on IOST and not on Tron? Well, I do enjoy using tron for one but I think the blockchain having a smaller community has its benifits. IOST is like the underdog when positioned next to Tron and EOS,Just like Hive is the underdog next to Steemit (by age of blockchain) so when speculating about value I feel motivated to get involved with the smaller community, to provide value so that when I am in the midst of an alt season I have many pockets to reach into to grow my BTC stack, all the while enjoying the gaming and trading that has been provided by the smaller blockchain.
Simple voting and rewards can be utilized on the Liebe Pool Network.
https://tool.liebi.com/iostvoter/
When I was looking for information on LiebePools token VOST originally, I found it very difficult to find. I could not understand what the token did until I asked the chat in another gaming platform for information on the token after receiving it as a reward, I was pleasantly surprised to find out it is a "pegged to IOST Token" which means that if you use the Liebe platform to trade your token you can exchange those tokens at a 1:1 basis, this trade opportunity plus offers some of the best rewards I have seen in the crypto space! a fluctuating rate, but 18% per annum rewards for holding a token? I was very happy to be involved! and the voting on IOST inside LiebePool was so easy!
The VOST token can also be traded on exchanges like IOSTDEX but without the 1:1 pegged price. but you can still buy these tokens on IOSTDEX, and holding them will still make the same 18% fluctuating rate benefit. Remember once you have these tokens there is nothing else you need to do. just hold them and you will receive the rewards.
Talking about Hive being an underdog when standing next to Tron, while I don't think Justin Sun did anything wrong when activating the recent voting scandal, I also feel the community Steemit pushing to create a decentralized option is the best option. I do feel that peoples opinions should be heeded, however I am also aware of a concept called "the madness of crowds" which is something I take into consideration these days when getting involved with any community.
So I hope to just share my thoughts and ideas without vilification if that is possible, I hope to keep inmind other peoples opinions and feelings and even though I was left out of my Steemit account and cannot access my tokens for any airdrop to Hive users, I am happy to start from 0 and contribute my way to owning some tokens, I am happy to try and be apart of the community here at Hive if possible.
Check out IOST if you haven't already! and thanks for having me HIVE! (please don't hurt me, but please share your opinion! lol).