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What is STX coin? Introduction to the issue price, total amount and white paper of STX coins
Stacks (STX) is a layer-1 blockchain that enables developers to construct Bitcoin-secure smart contracts and decentralized applications (dApps).
Oct 06, 2024 at 10:41 am
What is STX Coin?
1. Definition
Stacks (STX) is a layer-1 blockchain that allows developers to write smart contracts and decentralized applications (dApps) that can run on the Bitcoin blockchain. By leveraging Bitcoin's security and decentralization, STX aims to make it easier to develop and deploy these applications.
2. Issue Price
STX coins were first issued through an initial coin offering (ICO) on April 10, 2019. The ICO raised $25.7 million at an initial price of $0.025 per STX.
3. Total Amount
The maximum supply of STX coins is capped at 1,818,927,938.
4. Whitepaper
The Stacks whitepaper was published in May 2019. It provides an in-depth explanation of the Stacks protocol, the STX token, and the Stacks development ecosystem.
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