Stacks is a blockchain that allows developers and individuals to create smart contracts with Bitcoin. One of the big issues people have with Bitcoin today is that it can only be used to facilitate payments. With Stacks, developers can create any kind of application and use the Bitcoin blockchain to "square up" any of the money that changed hands. Like many popular staking networks, people can secure the network by locking their $STX tokens and earning Bitcoin in return.
While Bitcoin is certainly the most popular blockchain and has driven much of the rise of the cryptocurrency industry, the major issue is that you cannot create any kind of automated transactions with the currency. Because of this, there are no NFTs, no decentralized finance or any other application of Bitcoin beyond payments. This problem is a big one and is exactly what Stacks is hoping to solve. We believe the problem is big enough that if Stacks can solve it and prove to users that it is the better way to use Bitcoin, it will define the industry.
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Stacks is aon its own,uses to validate transactions,and is.Stacks also supports.
Interesting facts about Stacks
Here are some facts you may not already know about Stacks. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
By allowing smart contracts for Bitcoin, Stacks can merge popular decentralized finance with the original blockchain.
$STX holders can earn Bitcoin in exchange for securing the network.
Stacks is a blockchain that allows people to create smart contracts with Bitcoin.
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Stacks price and insights
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-0% past 1 week
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0% feel totally fine about Stacks today
0% think this is a great investment
0% believe in the potential
0% say the development team is great
0% say the community is great
Market capitalization Very small
24 hour trading volume Very small
Market cap % of total Very small
# Discord members 38,695 4% of them are active
# Telegram members 12,738 4% of them are active
% of total supply circulating Very small
What’s the community like?
Community matters for projects like Stacks, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.