Stacks Price (STX)

Stacks (STX) takes Bitcoin to the next level by adding smart contracts and decentralized apps (dApps) on top of it. Instead of just being a currency, Stacks lets you build complex solutions like DeFi platforms, NFT marketplaces, and other decentralized services directly on Bitcoin's network. It opens up a whole new world of possibilities for blockchain innovation!

Stacks uses a unique Proof of Transfer (PoX) mechanism for consensus. Instead of traditional mining, PoX has miners use Bitcoin to mine STX tokens, linking the security and economy of both blockchains. When it comes to validation, Stacks relies on Clarity, a smart contract language that ensures secure, transparent contract execution, while keeping everything in sync with Bitcoin's blockchain. This combo of PoX and Clarity creates a solid foundation for secure transactions and smart contract operations on the Stacks network.

Stacks was founded by Muneeb Ali, a computer scientist with a PhD from Princeton University. His goal was to push Bitcoin beyond just being a digital currency, creating a scalable, secure platform that could support decentralized applications. Ali's academic background and entrepreneurial spirit were key in building Stacks, aiming to enhance the functionality of Bitcoin while maintaining its core strengths.

The maximum supply of STX is capped at 1,818,000,000 tokens, keeping the token economy in check. As of the latest update, the circulating supply is 1,431,567,750 tokens.

Stacks stands out by directly integrating with Bitcoin’s blockchain, unlike many other blockchains that operate on their own. By using Bitcoin’s security and stability, Stacks adds cool features like smart contracts and decentralized apps (dApps) right on the Bitcoin network. Its Proof of Transfer (PoX) consensus mechanism and Clarity smart contract language help make this possible, letting Stacks extend Bitcoin’s power while keeping its core strengths intact.

You can buy Stacks (STX) directly on EXMON using a debit or credit card. If you prefer, you can also trade other cryptocurrencies for STX on EXMON. The live STX price is updated in real-time, and all the info you need to get started is available in our How to Buy Stacks (STX) guide.