Scaling Bitcoin: Stacks

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Scaling Bitcoin: Stacks
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ICYMI: Scaling Bitcoin: Stacks

Stacks is a blockchain that utilizes a novel consensus algorithm, Proof of Transfer , that maintains the Stacks blockchain by issuing newly minted Stacks tokens to block miners as a fee for producing the next Stacks block

In exchange, block miners are expected to spend Bitcoin in order to participate in the block production process for the Stacks blockchain On top of the novel consensus, Stacks introduces Clarity, a smart contract programming language that aims to bring greater programmability to BitcoinJoin The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

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