stacks
Stack connects to Bitcoin enabling to build apps, smart contracts, and digital assets.
United Statesstacks.coFounded 2013
About
Stacks is a blockchain layer built on Bitcoin that allows developers to create smart contracts and decentralized applications (dApps) directly on the Bitcoin network. It supports the development of decentralized finance (DeFi) platforms, non-fungible tokens (NFTs), and other applications that need smart contract capabilities. The network uses a Proof-of-Transfer (PoX) consensus mechanism to confirm transactions and maintain blockchain security. Key Features: • Used Proof of Transfer (PoX), which allows miners to commit Bitcoin to earn STX tokens. • Stacks enables the creation of NFTs and other types of digital assets that are directly associated with the Bitcoin blockchain. • Offers fast and scalable transactions that help to maintain higher transaction throughput and scalability.
Team (2)
Funding
- Corporate RoundHashKey Capital2,11,00,00001 Jul 2019
- Seed RoundY Combinator13,00,00001 Jan 2017
- Private EquityUnion Square Ventures (USV)2,11,00,00001 Jan 2017
- Series AFenbushi Capital40,00,00001 Jan 2017
FAQs
- Muneeb Ali and Ryan Shea introduced Stacks.