$STX
1. What is Stacks?
Stacks is a layer-1 blockchain that brings smart contracts and decentralized applications (dApps) to Bitcoin. Its unique value proposition is enabling programmability on Bitcoin without modifying Bitcoin’s core protocol. Key features:
-Proof of Transfer (PoX): Uses Bitcoin’s security by mining STX blocks through BTC transactions.
-Clarity Smart Contracts: A secure, predictable language designed for Bitcoin integration.
-Microblocks: Enable faster transactions (not settled on Bitcoin until finality).
2. STX Tokenomics
Supply: ~1.82 billion STX (max capped at 1.82B; no further inflation).
Use Cases:
-Pay for transaction fees and smart contract execution.
-Earn BTC rewards by stacking STX (similar to staking in PoX).
3. Recent Developments (2024–2025)
-Nakamoto Upgrade (2024): Improved throughput (faster transactions) and Bitcoin finality.
-sBTC: A decentralized Bitcoin peg allowing BTC to be used in Stacks dApps.
-Adoption: Growth in Bitcoin DeFi (e.g., ALEX Lab, Arkadiko) and NFT projects.