What separates the @Stacks Blockchain from the rest?
Well, many things - but I’ll highlight a few here 🧵👇
Well, many things - but I’ll highlight a few here 🧵👇
1. The stacks blockchain settles on to #Bitcoin via PoX or proof of transfer. This is a very different consensus mechanism than PoS or proof of stake. Energy in energy out. #STX in #BTC out is the mining process.
2. Because of #1 PoX #Stacks is scalable. As @JudeCNelson mentions to @Gina__Abrams in this video: ‘blockchains don’t scale, but networks do’ think of PoX as a way to infinitely scale chains together to settle finally n #BTC
3. Stacking is the act of staking #Stacks which is a way of securing the network. Miners reward the stackers in BTC as a reward for locking up stacks for the period of time called cycles. Read more on stacking here: hiro.so/wallet-faq/how…
A little over 1 year since the mainnet launch and we have seen exponential growth in the ecosystem! If you are a developer please at least check out the docs to the native smart contract programming language Clarity here: docs.stacks.co and here: docs.hiro.so
Just a few people to follow in the community if you are new around here: @Gina__Abrams @muneeb @mcuevasm @TO @corcoranwill @JakeBlockchain @fmdroid just to name a few - although there are many others! These people will support you!
Lastly, if you like threads about:
1. Stacks/Clarity
2. Proof of Transfer
3. Upcoming events in the Stacks ecosystem
4. People in the community to follow
5. Upcoming launches
Consider giving me a follow, I’d very much appreciate it!
1. Stacks/Clarity
2. Proof of Transfer
3. Upcoming events in the Stacks ecosystem
4. People in the community to follow
5. Upcoming launches
Consider giving me a follow, I’d very much appreciate it!
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