Kryptopriser -Bitune
tune
Bitune
NOK 0.0288
NOK 0.0283NOK 0.0297
24t: -2.36%7d: 2.30%30d: 6.30%1y: 0.31%
NOK 0.0288
Stacks (STX) is a layer-1 blockchain designed to bring smart contracts and decentralized applications (dApps) to Bitcoin. It aims to unlock new functionalities for Bitcoin, allowing developers to build on top of its security and stability.
Stacks utilizes a unique consensus mechanism called Proof of Transfer (PoX). In PoX, miners commit BTC to mine new Stacks blocks, and STX holders can "stack" their tokens to earn BTC rewards. This mechanism directly links Stacks' security to Bitcoin's.
The Stacks ecosystem supports various applications, including DeFi protocols, NFTs, and decentralized identity solutions. Its development is driven by a community of developers and organizations focused on expanding Bitcoin's capabilities beyond simple transactions.