btc: Stacks (STX) - June 2024 Price Update - 7% Breakout Crypto News and Analysis

btc: Stacks (STX) - June 2024 Price Update - 7% Breakout Crypto News and Analysis

< Show Article: Stacks (STX) - June 2024 Price Update - 7% Breakout Crypto News and Analysisarticle avatarOluwatosin Bamidele

Trade hard. Joy is coming

Explore the Core.

Stacks is a Bitcoin Layer for smart contracts; it enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. Bitcoin is the largest, most valuable, and most durable decentralized asset. The Stacks layer unlocks $500B in BTC capital using the Bitcoin L1 as settlement for decentralized applications.

Spot the Main Event:

Stacks Nakamoto will produce a new block approximately every 5 seconds. This will allow people to send and receive BTC much faster and cheaper on $STX Layer 2 with the same security and finality as the Bitcoin network. 🟠 On top of that, Stacks L2 will unlock Bitcoin’s Multi-billion Dollar DeFi Economy with smart contract programmability, enabling decentralized exchanges, crypto lending, stablecoins fully backed by Bitcoin, and other DeFi activity

article avatarOLUWATOSIN GARUBA

Explore the Core.

Stacks is a Bitcoin Layer for smart contracts; it enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. Bitcoin is the largest, most valuable, and most durable decentralized asset. The Stacks layer unlocks $500B in BTC capital using the Bitcoin L1 as settlement for decentralized applications.

Spot the Main Event:

Stacks Nakamoto will produce a new block approximately every 5 seconds. This will allow people to send and receive BTC much faster and cheaper on $STX Layer 2 with the same security and finality as the Bitcoin network. 🟠 On top of that, Stacks L2 will unlock Bitcoin’s Multi-billion Dollar DeFi Economy with smart contract programmability, enabling decentralized exchanges, crypto lending, stablecoins fully backed by Bitcoin, and other DeFi activity

article avatarAbifarin Temitayo

Explore the Core.

Stacks is a Bitcoin Layer for smart contracts; it enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. Bitcoin is the largest, most valuable, and most durable decentralized asset. The Stacks layer unlocks $500B in BTC capital using the Bitcoin L1 as settlement for decentralized applications.

article avatarOla Victoria

Explore the Core.

They don't seem to have any major problems they are solving currently Stacks is a Bitcoin Layer for smart contracts; it enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. Bitcoin is the largest, most valuable, and most durable decentralized asset. The Stacks layer unlocks $500B in BTC capital using the Bitcoin L1 as settlement for decentralized applications.

article avatarAbdullahi Saleh Saidu

Cute, funny and a little bit crazy!!!

Explore the Core.

Stacks is a Bitcoin Layer for smart contracts; it enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. Bitcoin is the largest, most valuable, and most durable decentralized asset. The Stacks layer unlocks $500B in BTC capital using the Bitcoin L1 as settlement for decentralized applications. Stacks has knowledge of the full Bitcoin state, thanks to its Proof of Transfer consensus and Clarity language, enabling it to read from Bitcoin at any time. All transactions on the Stacks layer are automatically hashed and settled on the Bitcoin L1. Stacks blocks are secured by 100% Bitcoin hashpower. In order to re-order Stacks blocks/transactions, an attacker would have to reorg Bitcoin.

article avatarGLORIA OLUWAFERANMI

To God be the Glory

Explore the Core.

Stacks is a Bitcoin Layer for smart contracts; it enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. Bitcoin is the largest, most valuable, and most durable decentralized asset. The Stacks layer unlocks $500B in BTC capital using the Bitcoin L1 as settlement for decentralized applications.

Spot the Main Event:

Stacks Nakamoto will produce a new block approximately every 5 seconds. This will allow people to send and receive BTC much faster and cheaper on $STX Layer 2 with the same security and finality as the Bitcoin network. On top of that, Stacks L2 will unlock Bitcoin’s Multi-billion Dollar DeFi Economy with smart contract programmability, enabling decentralized exchanges, crypto lending, stablecoins fully backed by Bitcoin, and other DeFi activity

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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