While the past year has been marked by the rise of decentralized finance (DeFi), centralized entities like Coinbase and Binance continue to be some of the most important players in the industry as a whole, as they are essential in attracting attention to promising projects and pave the way for wider adoption.
One protocol that has taken advantage of the "Binance bump" over the past week is IOST, a fully-fledged decentralized blockchain ecosystem that utilizes a unique proof-of-believability consensus protocol.
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