Where Can I Buy Stratis Coin _BEST_
The live Stratis price today is $0.670227 USD with a 24-hour trading volume of $299,416,279 USD. We update our STRAX to USD price in real-time. Stratis is down 9.36% in the last 24 hours. The current CoinMarketCap ranking is #273, with a live market cap of $98,934,871 USD. It has a circulating supply of 147,613,941 STRAX coins and the max. supply is not available.
where can i buy stratis coin
If you would like to know where to buy Stratis at the current rate, the top cryptocurrency exchanges for trading in Stratis stock are currently Binance, BingX, Gate.io, Upbit, and XT.COM. You can find others listed on our crypto exchanges page.
Stratis is a blockchain-as-a-service platform that offers several products and services for enterprises, including launching private sidechains, running full nodes, developing and deploying smart contracts, an initial coin offering platform, and a proof-of-identity application. The company also provides cryptocurrency wallets and blockchain consulting services.
Stratis Group Ltd., the company behind the Stratis platform, was founded in 2016 by Chris Trew. He started the company with the purpose of developing an enterprise-focused blockchain platform, which he felt was missing from the industry at the time. He decided to base the platform on the Bitcoin (BTC) protocol, believing that Bitcoin would become dominant in the crypto space --- meaning that its codebase would be consistently improved over time.
According to its whitepaper, the Stratis BaaS platform is designed for financial service providers and other enterprises to test, develop and deploy blockchain-based applications in a way that avoids the overhead and security concerns of operating their own networks. To do so, Stratis offers businesses the opportunity to run permissioned, private sidechains that interact with its primary chain, as well as to host decentralized applications, launch smart contracts and utilize various privacy and identity verification tools. Its whitepaper argues that this approach gives enterprises the freedom to completely customize their platforms without the limitations of relying on a major blockchain, such as Bitcoin or Ethereum (ETH).
Stratis launched its first STRAT token with a total supply of 98 million, with 84 million STRAT (85.7%) sold during an initial coin offering that ended in July 2016 and raised 915 BTC --- worth nearly $600,000 at the time. Of the remaining supply, 8 million STRAT (8.2%) was reserved for the Stratis team, 2 million STRAT (2%) for advisors and partners, and 4 million STRAT (4.1%) for bounties and campaigns.
STRAX can be purchased on exchanges such as Binance, Upbit and Bithumb. It can be traded on spot markets against fiat currencies such as the U.S. dollar and the euro, cryptocurrencies such as Bitcoin and Ether, and stablecoins such as Tether (USDT) and Binance USD (BUSD).
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Stratis relies on a Proof-of-Stake protocol which is essential for the issuance of new STRAX tokens and maintaining the security of the network. Such a protocol is more efficient and much less damaging to the environment in comparison to a Proof-of-Work protocol, for instance, employed by Bitcoin. Proof-of-Stake does not require intensive mining, which leads to low electricity consumption since no advanced equipment is needed to ensure its operation. By staking STRAX and verifying transactions on the network, Stratis users can earn rewards in the native currency. Stratis also supports cold staking, which is a feature that allows users to freeze their STRAX in the Stratis wallet or a hardware wallet and still receive rewards.
Finally, the Stratis coin is an extremely popular asset in the crypto community, and there are many people who have it in their portfolios. Thus, STRAX is available for purchase on multiple large exchange platforms. Poloniex, Changelly, Bittrex, and Binance are the most reliable exchanges out there which offer STRAX to any person on the planet. To begin using STRAX is easy: all one has to do is go to an exchange, buy some tokens, and send them to their wallet.
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Stratis is an ambitious project. The top slots in the crypto verse are filled with Bitcoin and Ethereum. But these have their shares of challenges, leaving new projects to catch up. One potential contender for the top slots is Stratis.
Along its journey, Stratis has faced hiccups. One incidence that will strike you is the rejection and acceptance by Nicolas Dorier. Dorier was then an obsessed Bitcoin developer. Uniquely, the incidence is documented to show how Stratis has struggled to be where it is.
They often say when the time of an idea has come, then no one will stop it. The journey of Stratis has followed this thought. At one time, Chris Trew, the Stratis` CEO, approached Nicolas Dorier for help. Unfortunately, Nicolas turned him way but stuck in Bitcoin development.
Additionally, Nicolas had no compensation and no proper balance of life. So, Chris opted to pay Nicolas to complete the Bitcoin work. In the plan, Stratis would not only benefit the Bitcoin community but also itself.
Krushang is the head of communications. His first encounter with blockchain was with Bitcoin in late 2013. This technology fascinated him to the point he has grown to have a strong belief in blockchain.
Nicholas is the Bitcoin Development Adviser. With vast experience in Bitcoin development, Stratis needs his useful insights. Remember he took part in cloning Bitcoin node, thus accelerating Stratis growth.
Also, a Stratis developer with experience in .Net framework. He has been active in the blockchain realm. Clients have tasked him with tailoring solutions in the blockchain sphere. His involvement in the industry has been through the first meeting with Bitcoin in 2013.
The POS algorithm work to limit a user validate new blocks of the same value as the number of coins they stake. So, then that means if you have more coins then you can validate more transactions. And the reward is more coins.
The team developed Stratis on Bitcoin. Thus, it carries the security benefits of Bitcoin with it. From there Stratis try to mitigate Bitcoin`s shortcomings. For instance, with Stratis developers can deploy applications on Bitcoin.
This ability further extends to other blockchains. You can deploy a blockchain to other platforms like Ethereum and Bitcoin. Further, the features that are natively offered in the other blockchains can be exploited.
The project has marked the current feature with a test environment. The team names the environment Apex. The testing has shown that Apex interacts with the main chain in a seamless way. And users can try this with TSRAT and TAPEX coin transactions.