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Stacks ecosystem becomes #1 Web3 project on Bitcoin -Breaking

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© Reuters.

The first anniversary of the Stacks Blockchain (STX) was celebrated. This blockchain seeks (BTC(programmable network It was achievedMonthly API requests exceeding 350,000,000, 40,000 Hiro development tool that Stacks uses to build Bitcoin applications, wallet downloads of Stacks and 2,500 Clarity smart agreements. These statistics show that Stacks is the most popular Bitcoin project according to Electric Capital.

Stacks has more than 111,000 users earning over 100 BTC in monthly rewards. This is due to the unique PoX consensus system. BTC is used to validate transactions, create smart contracts, and mine STX blocks. Miners also earn STX. As rewards for tasks such as running nodes, STX holders receive the BTC bids. This mechanism has already delivered BTC rewards worth more than $50,000,000 and locked over $1 billion.