-
Bitcoin
$90,999.01
0.22% -
Ethereum
$3,163.15
1.53% -
Tether USDt
$1.00
0.05% -
Solana
$240.09
0.59% -
BNB
$619.79
-1.01% -
XRP
$1.13
4.70% -
Dogecoin
$0.3721
0.86% -
USDC
$0.9999
-0.01% -
Cardano
$0.7401
3.22% -
TRON
$0.2027
0.18% -
Shiba Inu
$0.0...02470
-1.50% -
Toncoin
$5.68
4.41% -
Avalanche
$35.14
-0.02% -
Sui
$3.71
-3.84% -
Chainlink
$15.05
6.84% -
Polkadot
$5.99
5.78% -
Bitcoin Cash
$456.07
3.22% -
Pepe
$0.0...02036
-5.79% -
NEAR Protocol
$6.07
4.64% -
UNUS SED LEO
$7.82
2.22% -
Stellar
$0.2399
16.42% -
Litecoin
$89.18
0.52% -
Aptos
$12.31
2.74% -
Uniswap
$9.22
3.33% -
Dai
$0.9999
-0.02% -
Hedera
$0.1405
36.23% -
Internet Computer
$9.74
7.05% -
Cronos
$0.1680
-0.85% -
Kaspa
$0.1720
12.93% -
Ethereum Classic
$26.66
-0.17%
When was STX coin issued? Learn about the origin of STX coin in one article
The innovative STX coin, the native token of the Stacks Protocol, originated in 2017 and was launched in 2020, bridging the gap between Bitcoin and smart contracts.
Oct 01, 2024 at 01:59 pm
1. Unveiling the Origins of STX Coin: A Comprehensive Overview
2. Inception: Birth of the Stacks Protocol
- The genesis of the STX coin lies in the inception of the Stacks Protocol in 2017.
- Founded by Muneeb Ali, it aimed to bridge the gap between Bitcoin and smart contracts.
3. 2019: Pre-Launch Primer Sale
- In February 2019, Stacks conducted a pre-launch primer sale, raising $25 million to fund its development and adoption.
- This sale attracted early investors and enthusiasts who believed in the potential of the Stacks Protocol.
4. 2020: STX Coin Launch
- On November 12, 2020, Stacks launched the STX coin, the native token of the Stacks Protocol.
- STX coins provide rewards to network participants for securing the protocol through Proof-of-Transfer (PoX).
5. STX Coin's Role in the Stacks Ecosystem
STX coins are essential for the functionality of the Stacks Protocol:
- Securing the Proof-of-Transfer consensus mechanism.
- Providing rewards to miners and validators.
- Facilitating transactions and smart contract execution.
6. Conclusion
The STX coin has its roots in the innovative Stacks Protocol, bridging the worlds of Bitcoin and smart contracts. Its launch in 2020 marked a significant milestone in the evolution of the blockchain landscape, enabling a seamless transition between the two major technologies.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
From Rug Pull to Millions: Pinoy Trader Recovers from ₱560K Loss, Nets Millions In SOG surge
- 2024-11-19 10:20:01
-
The Best Cryptos to Buy in November 2024: Qubetics ($TICS), Avalanche (AVAX), and Sui (SUI)
- 2024-11-19 10:20:01
-
Top Crypto Presale Opportunities 2024: Qubetics’ $652K Potential, Aave’s DeFi Leadership, and NEAR’s Bullish Momentum
- 2024-11-19 10:20:01
-
CoinShares Reports Institutional Investors Poured $2.2B Into Crypto Products Last Week, Bitcoin (BTC) Dominated the Inflows
- 2024-11-19 10:10:02
-
Crypto Market Today: Casper Network ($CSPR) Jumps 86.3% Amid Growing Interest in Blockchain Solutions
- 2024-11-19 10:10:02
-
The Best New Meme Coins to Buy Before the Next Bull Run Hits
- 2024-11-19 10:20:01
Related knowledge
What can GMX coins be used for?
Nov 16,2024 at 02:54am
GMX: Unlocking Limitless Possibilities with Revolutionary Blockchain TechnologyGMX, a decentralized exchange platform, has emerged as a pivotal player in the blockchain realm, offering a comprehensive suite of DeFi solutions. At its core is the GMX token, a utility-packed asset that empowers users to leverage the platform's robust features. This article...
What are the formal platforms for GMX currency?
Nov 19,2024 at 04:20am
What are the formal platforms for GMX currency?GMX is a decentralized perpetual exchange that allows users to trade cryptocurrencies with up to 30x leverage. The platform is built on the Arbitrum One blockchain and uses a unique automated market maker (AMM) system to facilitate trades. GMX has quickly become one of the most popular DEXes for trading per...
What’s the future of GMX coin?
Nov 16,2024 at 03:48am
What's the Future of GMX Coin?GMX is a decentralized perpetual exchange that allows users to trade cryptocurrencies with up to 50x leverage. The platform is powered by the GMX token, which is used to pay for trading fees and to participate in governance.Factors That Will Impact the Future of GMX Coin:Several factors will impact the future of GMX coin, i...
Where to trade GMX coins
Nov 17,2024 at 05:49pm
Where to Trade GMX Coins: A Comprehensive GuideIntroductionGMX is a decentralized perpetual futures exchange that allows traders to speculate on the price of cryptocurrencies with up to 100x leverage. The GMX token (GMX) is the native utility token of the GMX platform, used for governance, staking, and reduced trading fees. With its innovative features ...
Is GMX coin worth investing in?
Nov 18,2024 at 12:44am
Is GMX Coin Worth Investing In?GMX is a decentralized exchange (DEX) that allows users to trade cryptocurrencies with up to 50x leverage. It is built on the Arbitrum network, a Layer 2 scaling solution for Ethereum. GMX has gained popularity in recent months due to its low fees, fast execution times, and unique features.Whether or not GMX coin is a good...
Who is the founder of GMX coin?
Nov 17,2024 at 11:18pm
Who is the Founder of GMX Coin?GMX, a decentralized perpetual exchange platform, boasts a team of experienced individuals dedicated to revolutionizing the derivatives trading landscape. Notably, the platform's co-founder, Anton Suvorov, plays a pivotal role in the project's overall success.Anton Suvorov: A Visionary Leader in the Blockchain SpaceEarly A...
What can GMX coins be used for?
Nov 16,2024 at 02:54am
GMX: Unlocking Limitless Possibilities with Revolutionary Blockchain TechnologyGMX, a decentralized exchange platform, has emerged as a pivotal player in the blockchain realm, offering a comprehensive suite of DeFi solutions. At its core is the GMX token, a utility-packed asset that empowers users to leverage the platform's robust features. This article...
What are the formal platforms for GMX currency?
Nov 19,2024 at 04:20am
What are the formal platforms for GMX currency?GMX is a decentralized perpetual exchange that allows users to trade cryptocurrencies with up to 30x leverage. The platform is built on the Arbitrum One blockchain and uses a unique automated market maker (AMM) system to facilitate trades. GMX has quickly become one of the most popular DEXes for trading per...
What’s the future of GMX coin?
Nov 16,2024 at 03:48am
What's the Future of GMX Coin?GMX is a decentralized perpetual exchange that allows users to trade cryptocurrencies with up to 50x leverage. The platform is powered by the GMX token, which is used to pay for trading fees and to participate in governance.Factors That Will Impact the Future of GMX Coin:Several factors will impact the future of GMX coin, i...
Where to trade GMX coins
Nov 17,2024 at 05:49pm
Where to Trade GMX Coins: A Comprehensive GuideIntroductionGMX is a decentralized perpetual futures exchange that allows traders to speculate on the price of cryptocurrencies with up to 100x leverage. The GMX token (GMX) is the native utility token of the GMX platform, used for governance, staking, and reduced trading fees. With its innovative features ...
Is GMX coin worth investing in?
Nov 18,2024 at 12:44am
Is GMX Coin Worth Investing In?GMX is a decentralized exchange (DEX) that allows users to trade cryptocurrencies with up to 50x leverage. It is built on the Arbitrum network, a Layer 2 scaling solution for Ethereum. GMX has gained popularity in recent months due to its low fees, fast execution times, and unique features.Whether or not GMX coin is a good...
Who is the founder of GMX coin?
Nov 17,2024 at 11:18pm
Who is the Founder of GMX Coin?GMX, a decentralized perpetual exchange platform, boasts a team of experienced individuals dedicated to revolutionizing the derivatives trading landscape. Notably, the platform's co-founder, Anton Suvorov, plays a pivotal role in the project's overall success.Anton Suvorov: A Visionary Leader in the Blockchain SpaceEarly A...
See all articles
