Home Altcoins News Stacks (STX) Enabling Powers of Bitcoin on Decentralized Apps by User Owned Internet

Stacks (STX) Enabling Powers of Bitcoin on Decentralized Apps by User Owned Internet

Stacks STX

Stacks are about a better internet, built on Bitcoin. Stacks makes Bitcoin programmable, thus enabling decentralized apps and smart contracts, which inherits all of Bitcoin’s powers.

The Stacks ecosystem consists of a collection of entities, developers and community members who are building a user-owned internet on Bitcoin.

In simple terms, Stacks is about building apps and smart contracts on Bitcoin.  Getting started with Stacks is very easy.  They have provided simple explanations for how to build the first decentralized app by having users start with the basics.

Before users can begin, they need to learn how Stack works and about the technology that powers Stacks. Users will also get an introduction about the Stack that they will be using, an introduction to people and smart contracts on the blockchain, and on making the first transaction and on how transactions can change the state of the blockchain.

When it comes to creating a smart contract users will get some intro to clarity smart contracts and on how to safely run one’s logic on the blockchain, step by step tutorial for clarity, testing the contract is bug free, and calling a smart contract.

Then it is about building out the app, adding authentication with decentralized single-sign up on for the app, adding smart contract signing, which is a front end to interacting with smart contracts, then it is about adding decentralized data storage thus providing users with the ability to control their own data.

For someone who is wondering about why build with Stacks it is that they combine the best of both worlds. Since, security is important in any kind of critical smart contracts building most of the common smart contract bugs are eliminated.  For stakes code, where you cannot have bugs as an option, these smart contracts are ideal.

The best of all Stacks allows for Bitcoin based logic in the smart contracts. Since Clarity has a visibility in to the state of Bitcoin and it has got built in SPV proofs innovating on Bitcoin gets to be much easier.

For clarity, Mining is the process of adding new blocks to the Stacks blockchain. With Proof of Transfer, miners spend Bitcoin to mine new blocks — no special hardware is required.

All the help that is required for building on Stacks is available and it is only ideal to get started. Users might want to get used to learning about how Proof of Transfer works. It is very easy to get started with a stacks node up and running in 3 clicks using Block Daemon – a world of possibilities waiting to be explored.

Read more about:
Share on

Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

Crypto newsletter

Get the latest Crypto & Blockchain News in your inbox.

By clicking Subscribe, you agree to our Privacy Policy.