Stacks
2.32 USD 
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Blockstack is a blockchain network designed to create an open environment where developers can create apps for users that will enjoy privacy and total data ownership. Developers can write in JavaScript, making it easier for them to take advantage of the features that the Blockstack system can provide, like no responsibility for user data. Their blockchain is called The Stacks, and it allows for security through Bitcoin users create, own, and relay digital assets.
This is a promising new system that has grown out of increased consumer demand for platforms that don't abuse user rights and data ownership like Facebook and other social media giants. Blockstack has garnered a fair amount of press from publications like the New York Times and Wired due to its pragmatic solution to data theft and trading. Encrypted data storage allows users to store their private data in a key-controlled vault independent of the app. They call this Gaia storage, and it enables users to experience secure and private data storage by keeping all storage off-chain.
Blockstack builds on Bitcoin systems to allow for new decentralized app building. Blockstack essentially harnesses Bitcoin's computing powers for security purposes after the application layer, protocol layer, and Stacks blockchain have been completed. Bitcoin provides the proof of transfer to secure the blockchain, eliminating the need for another proof of work chain.
Blockstack (STX)
STX is the cryptocurrency ticker for Blockstack. There are currently 711,898,032 STX in circulation out of the total supply of 945,821,398. The tokens are trading at around 0.25 USD as of December 2020. The ROI for Blockstack since its inception is -13.53%. The market cap is $184,596,066, and it currently ranks number 74 on the market. Blockstack can be purchased in a few different exchanges, though the most common market is Binance.
What are Stacks Frequenty Asked Questions?
Where does Stacks (STX) rank among in terms of popularity? How relevant is it compared to competitors?
In terms of popularity, Stacks currently ranks in position 67 out of the thousands of cryptocurrencies. It is also important to consider Stacks‘s market cap – in general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. Stacks has a market cap of $ 2,493,161,289, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 937,772,031,770, Litecoin at $ 11,067,477,210, Ethereum at $ 519,001,770,614, Tether at $ 77,285,763,445, and XRP at $ 39,978,947,102.
What is the price of Stacks (STX) today (updated in realtime)?
The current price of Stacks is $ 2.31 in USD. (The price in Euros is 2,05 €; and the price in Bitcoin is Ƀ 0.00004656 BTC.)
What is Stacks‘s (STX) market supply?
The total available supply of Stacks is 1,052,561,462 STX. The total supply of Stacks is 1,818,000,000 STX.
What is the 24 hour volume for Stacks (STX)?
The 24 hour volume for Stacks is $ 35,095,215.
How has Stacks (STX) performed recently?
Stacks‘s price has increased in the last 24 hours by 2.06%. This compares with a seven day change of -23.19%. The trading volume over the last 24 hours was $ 35,095,215. Trading volume indicates how many units of a currency are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds. It can be a good indicator of the general interest in the cryptocurrency.
What is Stacks (STX) official website?
Links to Stacks‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
Has Stacks (STX) performed well historically?
Here is a chart showing how Stacks has performed historically.
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Where Can I Buy Stacks (STX)?
Here is a breakdown of the current market prices from top cryptocurrency exchanges.
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Charts & Market Data
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Stacks News
- Animoca Brands' treasury increased in value by 5X over two monthsCointelegraph.com News - 1 hour agoThe firm has enjoyed tremendous success from its early plays on NFT game platforms and metaverses that provide digital equity to its users. Metaverse and…
- Reddit launches waitlist for site-wide expansion of ‘Community Points’Cointelegraph.com News - 2 hours agoReddit has launched a new website allowing mods and users to sign their subreddits up for the new ‘Community Points’ token rewards program. Reddit has…
- 3 reasons why DeFiChain (DFI) price has gained 60% in DecemberCointelegraph.com News - 5 hours agoIn the last two weeks, DFI price bounced off its swing low and a number of data points suggest the project’s fundamentals will continue to…
- Kickstarter plans to migrate to platform built on Celo blockchainCointelegraph.com News - 6 hours ago“We are entering a significant moment for alternative governance models, and we think there’s an important opportunity to advance these efforts using the blockchain,” said…
- $1.1B in Bitcoin options expire on Friday, but data points to a sub-$55K BTC priceCointelegraph.com News - 7 hours agoBTC bulls are looking at a $300 million loss after last week’s 11.5% correction set them up as the losers of Dec. 10’s $1.1 billion…