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The live price of Stacks (STX) today is 2.8222 USD, and with the current circulating supply of Stacks at 1,443,002,075.86 STX, its market capitalization stands at 4,072,454,119 USD. In the last 24 hours STX price has moved 0.0527 USD or 0.02% while 144,331,421 USD worth of STX has been traded on various exchanges. The current valuation of STX puts it at #24 in cryptocurrency rankings based on market capitalization.
Learn more about the Stacks blockchain network and how it works or follow the price of its native cryptocurrency STX and the broader market with our unique COIN360 cryptocurrency heatmap.
Stacks (STX) is a unique layer-1 blockchain solution that brings smart contracts and decentralized applications (DApps) to Bitcoin. It aims to unlock new use cases and value for the world's most secure and valuable blockchain, Bitcoin, without modifying its core code. Stacks' mission is to foster a user-owned internet where users have true ownership of their data and digital assets.
Stacks uses a novel consensus mechanism called Proof-of-Transfer (PoX). PoX uses Bitcoin's Proof-of-Work (PoW) to secure the Stacks blockchain, allowing it to inherit the robust security of the Bitcoin network.
Stacks operates on a layer-1 blockchain that is connected to the Bitcoin blockchain. It introduces smart contracts to Bitcoin, enabling new functionalities and use cases for the Bitcoin network.
Stacks improves the scalability of the Bitcoin network by offloading transactions and smart contracts to the Stacks blockchain, reducing congestion on the Bitcoin network.
By leveraging the security of the Bitcoin network, Stacks ensures the security of its smart contracts and DApps.
Stacks respects user privacy and enables users to own their data, reducing reliance on centralized entities.
Stacks promotes decentralization by enabling a user-owned internet where users have true ownership of their data and digital assets.
Stacks was developed by Blockstack PBC, a public benefit corporation. The project is now governed by the Stacks Open Internet Foundation, a non-profit organization dedicated to ensuring the Stacks ecosystem remains open, fair, and user-owned.
Stacks enables smart contracts and DApps on Bitcoin, unlocking new use cases such as DeFi, NFTs, and DApps on the Bitcoin network. This could potentially disrupt various industries by bringing the power of Bitcoin's network to them.
Stacks (STX) can be purchased on various cryptocurrency exchanges such as Binance, OKEx, and KuCoin.
STX can be stored in the Stacks Wallet or any wallet that supports STX.
Stacks has partnered with various organizations and projects to foster the growth of the Stacks ecosystem.
The Stacks project has a comprehensive roadmap that includes plans for further development of the Stacks blockchain, fostering the Stacks ecosystem, and more.
Like any blockchain project, Stacks faces potential risks and challenges, including technological risks, regulatory risks, and market risks.
Stacks has a vibrant and active community of developers, users, and enthusiasts who support the project and contribute to its growth.
Stacks is committed to regulatory compliance and works closely with regulators to ensure it complies with all relevant laws and regulations.
In conclusion, Stacks is a unique project that brings smart contracts and DApps to Bitcoin, unlocking new use cases and value for the Bitcoin network. With its robust technology, active community, and commitment to a user-owned internet, Stacks has the potential to significantly impact the blockchain industry.
|Yesterday's Market Cap
|Yesterday's Open / Close
|2.6579 USD / 2.7106 USD
|Yesterday's High / Low
|2.8198 USD / 2.6124 USD
0.02% ( 0.0527 USD )