Stacks Description
Stacks makes Bitcoin programmable. It allows you to create decentralized apps and smart contract that inherit all the Bitcoin's power. You can build apps and smart contracts using Bitcoin. Stacks connects with Bitcoin, allowing you to create apps, smart contracts and digital assets that are integrated into Bitcoin's capital, security, and network. To support the network's security, and consensus, lock your STX temporarily. As a reward, you will receive Bitcoin that miners can transfer as part Proof of Transfer. Stacks makes Bitcoin's $760B capital programmable using smart contracts. A better financial system built on Bitcoin is possible. It's open, composable and does not require intermediaries. With Clarity smart contracts, you can run your app's logic on blockchain. Clarity is a more secure, predictable language that protects against many bugs and exploits. Ideal for high-stakes code, where bugs are not an option.
Stacks Alternatives
Lightning Network
Bitcoin Lightning Network. Instant Payments. Lightning-fast, blockchain payments without the need for block confirmation. Blockchain smart-contracts ensure security without the need to create an on-blockchain transaction for individual transactions. Payment speed is measured in milliseconds to seconds. Scalability. The network can handle millions to billions in transactions per second. Legacy payment rails are thrown out the window by this capacity. It is now possible to attach payment per click/action without custodians. Low cost. Lightning Network allows for extremely low fees by transacting and settling off blockchain. This allows for emerging use cases like instant micropayments. Cross Blockchains. Cross-chain atomic Swaps can be made off-chain immediately using heterogeneous blockchain consensus rules. Transactios can be made across blockchains as long as they support the same cryptographic haveh function.
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Sovryn
Sovryn is subject to regular security audits by multiple auditors. Sovryn will continue to add secure oracles to increase decentralization. The insurance fund protects against loans that are not properly collateralized. The fund receives 10% interest. We are committed to interoperability, the development of open-source code, and this is one of the founding principles at defi. No need to download bitcoin from your wallet. All transactions are settled via the RSK bitcoin sidechain. Sovryn is a distributed margin trading platform. There is no kyc and aml verification. Preserve your pseudonymity. You can lend and trade without revealing your keys to a central custodian. Your keys, coins, and control are yours. Borrowers on sovryn can be users who use their bitcoin to create leveraged positions, also known as margin trading. Sovryn allows borrowers to borrow bitcoin from lenders to create these leveraged positions.
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Neo
The blockchain development platform. Neo offers a full set of features right out of the box but doesn't limit you. Native functionality gives you all the infrastructure needed to build complete decentralized apps, while advanced interoperability lets you harness the power and potential of the global blockchain ecosystem. Neo's unique dual token model separates utility and governance. NEO token holders can participate in governance and are the owners of the network. Passive distribution of the network utility token GAS is also available to NEO holders - No staking required. Voting participation earns you more GAS rewards. GAS can be used to pay network fees, smart contract deployments and in dApp purchase.
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Liquid Network
Transactions with Bitcoin are faster and more secure. Liquid, a sidechain-based settlement system for traders and exchanges allows for faster, more secure Bitcoin transactions and the issuance digital assets. Liquid allows traders to quickly transfer funds between exchanges and their wallets, without waiting for long confirmation times. Anyone can issue new assets via Liquid. This includes security tokens and stablecoins. Every asset can be traded within the network. This allows Liquid to take advantage of its privacy, speed, security, and trading features. The default on the Liquid sidechain hides asset types and amounts. This protects traders' sensitive financial information from third parties and prevents the front-running large orders. The open-source Liquid Swaps Tool allows each asset to be swapped for another asset.
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Integrations
Company Details
Company:
Stacks
Year Founded:
2013
Headquarters:
United States
Website:
www.stacks.co
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Product Details
Platforms
SaaS
Type of Training
Documentation
Stacks Features and Options
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