Stacks (STX)
Loading...
Loading...
About STX
Stacks (STX) is a layer-1 blockchain solution designed to bring smart contracts and decentralized applications (dApps) to Bitcoin. By building on top of Bitcoin, Stacks enables the secure execution of smart contracts without modifying Bitcoin's protocol. Through the unique Clarity smart contract language and a consensus mechanism known as Proof of Transfer (PoX), Stacks leverages Bitcoin’s security and enables applications that benefit from Bitcoin’s stability. STX, the native token of Stacks, is used for transaction fees, registering digital assets, and participating in network consensus. For live STX prices, historical data, and market insights, explore our Stacks Markets page to stay updated on Stacks’ integration with Bitcoin and its impact on the blockchain ecosystem.
Convert Fiat to Stacks
News
Lightning Updates to Taproot Assets v0.6, Evolving Into a Multi-Asset Network Focusing on Stablecoins
Lightning Labs has announced the release of Taproot Assets v0.6, marking an advancement as the first multi-asset Lightning protocol on the Bitcoin mainnet. This update allows for the minting of assets, such as stablecoins, which can be sent instantly via…
Massive Data Leak Exposes Password Problem — Is a Radical Fix Coming?
The recent data breach compromising 16 billion login credentials has raised questions about the relevance of passwords. Some experts argue it's time to abandon reliance on centralized databases and embrace a privacy-first mindset that leverages decentralization. Call For Shift to…
BRICS Trade Surpasses $1 Trillion as Putin Highlights Global Role
BRICS nations have broken the $1 trillion trade barrier as Russian President Vladimir Putin emphasized their expanding influence and ambitious projects reshaping global development. With trade volumes exceeding $1 trillion, BRICS members are intensifying collaboration across vital sectors such as…
Top Regulators Forge US-UK Alliance to Oversee Digital Assets
U.S. and U.K. regulators are accelerating unified oversight of digital assets, stablecoins, AI in finance, and cross-border innovation, reshaping global markets and fortifying financial stability. US-UK Power Bloc Moves Aggressively on Digital Assets and Global Financial Stability The U.S. Department…
Korean Central Bank Advocates Measured Stablecoin Approach
South Korea's central bank is advocating for a phased introduction of won-denominated stablecoins, initially prioritizing regulated commercial banks for their issuance. Stablecoins Could Significantly Influence Korean Monetary Policy South Korea's central bank is advocating for a phased introduction of won-denominated…
Frequently Asked Questions about Stacks
What is Stacks (STX)?
Stacks (STX) is a blockchain platform that brings smart contracts and dApps to Bitcoin, enabling secure, decentralized applications that leverage Bitcoin’s stability and security.
How does Stacks integrate with Bitcoin?
Stacks uses a consensus mechanism called Proof of Transfer (PoX) to anchor its chain to Bitcoin. This allows Stacks to benefit from Bitcoin’s security without modifying its core protocol.
What is the main use of STX in the Stacks network?
STX is used for transaction fees, registering digital assets, and participating in network consensus via stacking, which allows holders to earn Bitcoin rewards by supporting the network.
How can I store Stacks securely?
You can store Stacks (STX) in compatible wallets like Hiro Wallet, Xverse, or hardware wallets like Ledger, which offer secure options for managing your STX tokens.
What makes Stacks unique among blockchain platforms?
Stacks enables smart contracts and decentralized applications on Bitcoin, combining the flexibility of smart contracts with the security and stability of the Bitcoin network, making it a unique layer-1 solution.
Is Stacks a good investment?
Stacks' integration with Bitcoin has attracted attention, especially for those interested in expanding Bitcoin’s utility. As with all investments, decisions should be based on research and understanding of market dynamics.
Can I earn rewards by holding STX?
Yes, STX holders can participate in stacking, which supports network security and allows participants to earn Bitcoin rewards, leveraging the Stacks platform’s unique Proof of Transfer (PoX) mechanism.