Stacks (STX) is a Cryptocurrency created by Blockstack PBC in 2017 to provide an alternative to centralized internet systems, giving users full control over their data and privacy.
Stacks was founded by Muneeb Ali and Ryan Shea, two computer engineers who previously worked on projects related to Internet security and privacy. Blockstack was launched as a free software platform that allows users to build decentralized applications on the Bitcoin network.
The Blockstack platform is based on the Stacks (STX) technology, which uses independent blockchains connected to the Bitcoin blockchain to create decentralized applications. The stacks are also used as fuel to carry out transactions on the Blockstack network.
Stacks (STX) is an independent blockchain-based Cryptocurrency connected to the Bitcoin blockchain. This connection allows Stacks to be used to build decentralized applications (dApps) on the Blockstack network, while Bitcoin is used as a store of value and medium of exchange.
Stacks uses a Proof-of-Stake (PoS) consensus algorithm that allows users to stake their STX tokens to contribute to the security and maintenance of the network and receive additional STX tokens in return.
At Ccoins we have expanded our Cryptocurrency offer, which is why you can now have access to the most important coins within the Crypto ecosystem, such as Stacks (STX). If you are a Ccoins user you can receive and store your STX in your multi Crypto Ccoins Wallet.
If at any time you have Stacks in your multi Crypto Ccoins Wallet you can send them to other wallets, the shipments can be executed in two ways, internally (To other Ccoins users), or externally (External wallets).
Acquire Stacks with the Flip Ccoins
If at any time you want to obtain Stacks coins quickly and safely, the Ccoins Flip is the best option, now through the Flip you can acquire your first Stacks coins through a quick Cryptocurrency conversion.
Convert Stacks with Flip
If you have a balance in STX coins in your Ccoins wallet and you want to have another Cryptocurrency from our catalog, don’t worry, now in Ccoins you can convert your Stacks balance into another Cryptocurrency quickly and safely through an almost instantaneous conversion process called Flip.
Only in Ccoins, Buy and Sell your Cryptocurrencies at the best price through hundreds of offers in our P2P market or convert them to any of our 30 available cryptocurrencies.
Ccoins is the fastest and safest platform to trade crypto assets
Of course, in recent years Cryptocurrencies have become more popular within business establishments, and currencies such as STX are being used for recurring payments within these establishments.
This is due to the characteristics of the coin itself, since being a relatively new Cryptocurrency it presents state of the art functionalities, which has had an impact within the community.
Properly speaking, Stacks (STX) is a Cryptocurrency since it has its own Blockchain network and works under issuance through a mining process called PoS or Proof of Stake.