Stacks (STX) Stacks is a smart contract platform that utilize | Crypto Great | Bitcoin | DeFi

Stacks (STX)

Stacks is a smart contract platform that utilizes the Bitcoin network for security.

Last year, hackers stole $14 billion in cryptocurrency through hacks and security exploits. As security concerns grow in the crypto industry, we believe many users and developers from other platforms will make the switch to a bitcoin-native platform like Stacks.

On March 10, crypto exchange Okcoin announced a partnership with Stacks. The goal of this partnership is to launch Bitcoin Odyssey – a grant program with $165 million in funding. The project also aims to supercharge bitcoin adoption and ensure bitcoin’s place as the go-to blockchain for decentralized applications (dApps).

Ethereum has been the top blockchain for building dApps, but some bitcoin developers want to see that change… Stacks is positioning itself as the platform to get it done

The venture capital-backed project is good news for STX token holders. It means more capital is available to drive bitcoin adoption through Stacks, and as more users begin to use STX, the long-term price and volatility of the token should improve.