Stacks
STX
Crypto
Decentralised Networks
USD 1.98-8.18%
Stacks
UMushroom community rating:
About
Decentralised Networks
CategoryProof Of Work
Consensus MechanismL1
L1/L2Other
Sub-cateegoryn/a
Ecosystem2019
Year of creation
Description
Stacks (STX) is a Decentralised Networks crypto coin. The coins can be earned through the process of mining. Stacks`s origin block was generated on 2019-10-28. More information can be found at https://stacks.co.
Key Technical Advantages:
Bitcoin Finality: Stacks transactions are secured by the entire hash power of Bitcoin, ensuring that after approximately 100 Bitcoin blocks (around one day), transactions on the Stacks layer are irreversible without a Bitcoin reorganization. Trust-minimized Bitcoin Peg: The Nakamoto release introduces a decentralized, non-custodial, Bitcoin-pegged asset (sBTC) to enable faster and cheaper smart contracts using a Bitcoin-pegged asset without compromising security. Clarity Language: Stacks uses the Clarity language, a safe and decidable programming language for smart contracts, enabling developers to verify contract behavior with mathematical certainty before execution. Knowledge of Bitcoin State: Stacks has full knowledge of the Bitcoin state, allowing it to trustlessly read Bitcoin transactions and state changes, and execute smart contracts based on Bitcoin transactions. Scalable, Fast Transactions: Stacks offers high performance and scalability through faster layer blocks between Bitcoin blocks, and the ability to build additional scalability layers, such as subnets, for different performance and decentralization trade-offs. Content summarized by AI chatbotSource:
https://gaia.blockstack.org/hub/1AxyPunHHAHiEffXWESKfbvmBpGQv138Fp/stacks.pdfKey figures
70.5%1Y
%3Y
%5Y
Performance
2/ 11D
2/ 11M
3/ 11Y
Highs/ Lows
01.04.2024
USD 3.80
All Time High
52.03%
% of All Time High
-71.87%All Time
-71.87%1 year
Max drawdown
#47
Ranking by Market Cap
3,024.33 M
Market cap (USD)
0.00%
% of Market
934.600 B
Category Market Cap (USD)
0.32%
% of Category
1505332338
Circulating Supply
1505332338
Liquid Supply
100.00%
Liquid/ Circulating Supply
1818000000
Max Supply
82.80%
Circulating/ Max Supply
362390004
Volume Traded
11.58%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
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