QUESTION

What is I/O Digital, I/O Digital Foundation, IOCOIN, Chameleon, DIONS?

ANSWER

I/O Digital is the umbrella of the entire I/O Digital blockchain ecosystem / Platform being built.

I/O Digital Foundation is a not-for-profit organization that supports and develops software for the I/O Digital Ecosystem/Platform.

IOCOIN is the token/ currency (IOC). IOCOIN is its own blockchain and not an erc20 token.

Chameleon is the expansion to the I/O Digital Blockchain ecosystem that offers blockchain interoperability and smart contracts and will be its own blockchain.

DIONS (Decentralized Input Output Name Server) is the blockchain upgrade that will allow for additional features such as encrypted AES 256 messaging, data storage, data transfer, alias creation, registration, encryption, and decryption.

QUESTION

What upgrade will the DIONS bring?

ANSWER

Aliases- Users will be able to create and register aliases both public (decrypted), or private (encrypted). Aliases will be transferable to other users.

Data- Users can upload any type of file or document enecrypted AES 256 attached to private key directly into the blockchain currently up to 1 file and 1 mb per address.

Messaging- Users can instant message directly with one another directly through the blockchain using AES 256 encryption for small fee. The new HTML wallet allows for easy access and interface to the messaging capabilities.

QUESTION

How can I start staking?

ANSWER

To begin staking simply unlock wallet and enable staking. Make sure when you encrypt wallet for first time you write down password or you may lose access to coins.

QUESTION

Is there a minimum amount coins required to stake?

ANSWER

There is no minimum amount of coins required to stake. However, the more coins one has staking, the greater chance of rewards.

QUESTION

What are the rewards given to stakers?

ANSWER

In Proof-Of-Stake system the stakers secure the network by staking their coins, in return receive rewards. These rewards are generated from transaction fees, registration fees, data storage, transfers, and messaging fees.

QUESTION

Are the created aliases, data, or messages stored on a server?

ANSWER

No. All name creation, registration, data, and messaging is transacted directly through the blockchain using the most secure quantum resistant AES 256 encryption. The new wallet (client) is completely designed and coded from scratch to allow a one and only user friendly and completely decentralized means of using the blockchain

Question

How was IOC launched?

Answer

IOC was launched with no ICO in 2014. IOC officially released POW and transittioned to POS

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IOC Donation Address

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