Create singleton using GCD’s dispatch_once in Objective-C

If you can target iOS 4.0 or above

Using GCD, is it the best way to create singleton in Objective-C (thread safe)?

+ (instancetype)sharedInstance
{
    static dispatch_once_t once;
    static id sharedInstance;
    dispatch_once(&once, ^{
        sharedInstance = [[self alloc] init];
    });
    return sharedInstance;
}