Stacks

Stacks is an innovative open-source blockchain network designed to bring smart contracts and decentralized applications (dApps) to the Bitcoin blockchain. Although Stacks operates as a separate blockchain, it leverages Bitcoin’s robust security to enhance its own functionality. The STX token, Stacks' native cryptocurrency, plays a crucial role in transaction processing, smart contract deployment, and as a reward mechanism through "stacking."

Bitcoin Integration

Stacks uniquely integrates with Bitcoin, turning it into a programmable base layer. This means Stacks leverages Bitcoin’s high security for its own transactions, allowing dApps to interact with Bitcoin even though they operate on a different blockchain.

Proof of Transfer (PoX)

Stacks uses a distinctive consensus mechanism called Proof of Transfer. This system utilizes Bitcoin's proof-of-work to secure the Stacks network, recycling Bitcoin’s existing infrastructure for enhanced scalability and decentralization without additional environmental impact.

Clarity Smart Contracts

Stacks introduces Clarity, a unique smart contract language. Unlike other languages, Clarity allows developers to define their own transaction conditions without being constrained by preprogrammed constraints. This feature enhances transparency and predictability in smart contract execution.