Stock Groups

Stacks ecosystem becomes #1 Web3 project on Bitcoin -Breaking

[ad_1]

© Reuters.

On the 1st anniversary of the launch Stacks blockchain (STX), the company that seeks to (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’ unique PoX consensus mechanism, which allows users to earn more than 100 BTC per month, has seen over 11,000 people receive rewards of up to 100 BTC each month. 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.