Stacks is a layer 1.5 for Bitcoin that enables the creation of decentralized applications (dApps) and smart contracts, using the security of the BTC main network. Unlike standard blockchains, Stacks does not compete with Bitcoin but extends its functionality.
1. What makes Stacks special?
Stacks operates on Proof-of-Transfer (PoX), which ties its security to Bitcoin rather than using mining or standard Proof-of-Stake. This means:
✔️ Lower energy consumption.
✔️ High level of security.
✔️ The possibility of programmable contracts based on BTC.
2. sBTC – a new standard for tokenized Bitcoin
Stacks is developing sBTC, which will allow transferring BTC into the Stacks ecosystem without intermediaries. This will significantly enhance Bitcoin's integration into DeFi, as BTC is rarely used in smart contracts today.
3. DeFi and the Stacks ecosystem
More and more projects are being launched on Stacks:
- AlexLab – a decentralized exchange.
- StackSwap – a token exchange platform.
- NFT applications – unique tokens based on Stacks.
4. STX: growth and prospects
STX is gaining popularity due to integration with BTC. Key growth factors:
🔥 Network scaling (block acceleration).
🔥 Institutional investors are showing interest.
🔥 Expansion of DeFi with support for stablecoins (USDT, USDC).
Conclusion
Stacks is gradually bringing Bitcoin closer to DeFi and Web3. If developers manage to create a reliable sBTC, it could radically change the use of BTC in smart contracts.