​​Blockstack (STX) Blockstack is allowing users to generate o | Crypto Great | Bitcoin | DeFi

​​Blockstack (STX)

Blockstack is allowing users to generate online identities to access applications and interact with smart contracts while leveraging the most secure blockchain in the world, bitcoin. And unlike Google and Facebook, it also gives users control over their data and information.

Blockstack announced plans to launch Stacks 2.0 on January 14. The upgrade will bring anew consensus algorithm called Proof-of-Transfer (PoX). It’s where miners transfer bitcoin to Stacks holders who participate in the PoX algorithm.

This should allow U.S. investors to purchase STX tokens. We’ll send out an update as we get more information or learn of any of our recommended U.S. exchanges listing STX.

Blockstack is on trajectory to become one of the world’s largest blockchain application networks. If you haven’t been able to purchase STX yet, you have plenty of time to get in before it takes off once Stacks 2.0 launches early next year. Its timer isn’t set to trigger until the fourth quarter of 2021.