Wrapped Stacks. Price of cryptocurrency: $ 0.80813499

What is the meaning of Stacks?
Stacks is a layer-1 solution that is designed to bring smart contracts and applications to the world.
The open and modular nature of these DAPPS makes it possible for developers to build on top of each other's apps to create features that are not possible in a regular app.

The platform was renamed to Stacks in the fourth quarter of 2020 in order to separate the open source project from the company that built the original protocols.
The mainnet for Stacks was launched in January of 2021.

Who are the people who created Stacks?
A number of prominent venture capital funds funded Stacks.
Hiro Systems PBC is one of many companies building on Stacks' platform.
Blockstack was founded by Muneeb Ali and Ryan Shea.
Ryan Shea co-founding a new tech startup that is currently operating in stealth after he served as co-CEO of the platform.

What makes a stack unique?

Through its PoX consensus mechanism, it can connect directly with the Bitcoin blockchain, which can be used to mint Stacks (STX) token.
Stacks introduces a new smart contract programming language that is easy to use and secure.


There are related pages.
You can check out Wrapped Bitcoin, which is backed by actual BTC.
There are several significant changes to the fork of the digital currency.
There are side chains with Alexandria.
Stay up to date with the latest announcements and product updates.

How many Stacks of STX Coins are in circulation?

As of January 2021, around 739.7 million STX were in circulation.
A total of 1,000 STX per block will be released in the first four years, decreasing to 500 STX/block in the next four years, and then 125 STX/ in the final four years.
The founder and Stacks team received 7.9% and 6.6% of the initial genesis supply, respectively.

How is the network secured?
The base layer of Stacks is the Bitcoins.


Where can you buy Stacks?
STX can be traded on several platforms.