#Stacks crypto logo professional

It connects directly to the Bitcoin blockchain through its Proof of Transfer (PoX) consensus mechanism, which lets miners pay BTC to mint new Stacks (STX) tokens. Stacks hopes to extend Bitcoin's functionality with additional features without forking or changing the original Bitcoin blockchain. Stacks 2.0’s mainnet launch in January 2021. The platform was formerly known as Blockstack, but changed its name to Stacks in Q4 2020 to 'separate the ecosystem and open source projects from Blockstack PBC' - the original protocol the company built. The platform is powered by the Stacks Token (STX), which is used to power the execution of smart contracts, process transactions and register new digital assets on the Stacks 2.0 blockchain. Because Stacks uses Bitcoin as the base layer, everything that happens on the network is resolved on the most widely used and relatively secure blockchain, Bitcoin. These DApps are open and modular, meaning that developers can build on top of each other's apps to generate functionality that is simply not possible in regular apps. With PoX there is no need to modify Bitcoin to enable smart contracts and apps around it. Leader election happens at the Bitcoin blockchain and STX miners write new blocks on the connected Stacks blockchain. Stacks 2.0 implements PoX mining that anchors to Bitcoin security. Stacks 2.0 is a layer-1 blockchain that connects to Bitcoin for security and enables decentralized apps and predictable smart contracts. Stacks are also used for other network functions like registering digital assets, paying for transaction fees, and to publish Clarity contracts on the blockchain. Stacks cryptocurrency (STX) is designed primarily to be used as 'fuel' to execute Clarity smart contracts. Here are some of the most popular and useful Stacks (STX) blockchain explorers out there: In order to search for real-time and historical information about Stacks (STX) blockchain, including data related to blocks, transactions, addresses, and more, you may use Stacks (STX) block explorers. It has a circulating supply of 1.37Bil STX coins and a max supply of 1.82Bil. STX price is down -4.84% in the last 24 hours. If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact with detailed information about your concerns.Stacks price today is $0.5885 with a 24-hour trading volume of $25,495,045. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens.

#Stacks crypto logo professional

You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. This information is not intended to amount to advice on which you should rely. Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). This offer is based on information provided solely by the offeror and other publicly available information. The mainnet for Stacks 2.0 launched in January 2021. The platform was formerly known as Blockstack, but was rebranded to Stacks in Q4 2020 in order to 'separate the ecosystem and open source project from Blockstack PBC' - the company that built the original protocols. The platform is powered by the Stacks token (STX), which is used for fueling the execution of smart contracts, processing transactions and registering new digital assets on the Stacks 2.0 blockchain. Since Stacks uses Bitcoin as a base layer, everything that happens on the network is settled on the most widely used arguably the most secure blockchain in operation - Bitcoin.

These DApps are open and modular, meaning developers can build on top of each other's apps to produce features that are simply not possible in a regular app. These smart contracts are brought to Bitcoin without changing any of the features that make it so powerful - including its security and stability. Stacks is a layer-1 blockchain solution that is designed to bring smart contracts and decentralized applications (DApps) to Bitcoin (BTC).