Blockstack Upgrade Introduces Smart Contracts for Bitcoin
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Blockstack Upgrade Introduces Smart Contracts for Bitcoin

THELOGICALINDIAN - A new blockchain from Blockstack will acquiesce STX badge holders to agent tokens and acquire Bitcoin

Blockstack’s soon-to-be-launched blockchain offers developers acute affairs anchored to Bitcoin and investors new means to acquire BTC. 

Delegate Tokens, Earn Bitcoin

Stacks 2.0 is a Layer-1 blockchain based on the Proof-of-Transfer (PoX) mining accord and uses Bitcoin as the abject band for accouterment aegis to decentralized apps (dApps). 

The aggregation abaft Stacks 2.0, Blockstack, has developed a custom set of accoutrement and a atypical programming accent alleged Clarity for the new blockchain. 

The custom accoutrement will acquiesce developers to body acute affairs anchored to the Bitcoin blockchain. According to Blockstack, smart contracts could alleviate a new age of DeFi apps for the better crypto asset.

STX is the built-in badge for Stacks 2.0 blockchain, acceptance holders to participate in the accord through a staking-like apparatus alleged “Stacking.” 

Stacking participants agent their STX to participate in blockchain babyminding and are paid in BTC rewards. This agency that Stacks 2.0 gives users a new another to acquire Bitcoin after spending money on big-ticket mining equipment.  

Exchanges Set to List STX

Blockstack aboriginal issued STX during the first-ever SEC-regulated security token offering. 

The badge was issued as a aegis asset and acclimated in the Stacks 1.0 blockchain’s governance. However, the aegis badge was not acceptable to be listed on cryptocurrency exchanges.

The amount aggregation after released a announcement that antiseptic that STX was no best advised aegis in the Stacks 2.0 alternation as the arrangement became decentralized and alfresco the ascendancy of Blockstack. 

Due to a contempo change in the token’s acknowledged status, STX is set to be listed on cryptocurrency exchanges anon afterwards Stacks 2.0 mainnet goes live. 

OKCoin, a arch crypto exchange, has committed to advertisement STX aloft the launch. OKCoin will additionally conduct the better airdrop to date for its customers, account $1 actor in STX tokens.