Skip to main content

Posts

Showing posts with the label 1. #Stacks 2. #Bitcoin 3. #crypto 4. #blockchain 5. #smartcontracts 6. #decentralizedfinance 7. #digitalcurrency 8. #cryptonews

Bitcoin Network Stacks Devs 'Can See the Finish Line' With Nakamoto Upgrade

Introduction to Stacks (STX) and Bitcoin (BTC) What is Stacks (STX)? Stacks (STX) is a cryptocurrency and smart contract platform that operates on top of the Bitcoin network. It was created by the team at Blockstack PBC, led by co-founders Muneeb Ali and Ryan Shea. STX is the native token of the Stacks blockchain and is used for paying transaction fees and as collateral for smart contract execution. It also serves as a governance token for the Stacks ecosystem. The Power of Bitcoin (BTC) Bitcoin (BTC) is the world's first and largest cryptocurrency, with a market capitalization of over $1 trillion. It operates on a decentralized network, meaning there is no central authority controlling it. This makes it a secure and censorship-resistant form of digital money. BTC is known for its limited supply, as only 21 million BTC will ever be created, making it a scarce asset with potential for long-term value appreciation. The Relationship between Stacks (STX) and Bitcoin (BTC) S...