STACKS

 What is Stacks? According to the Stacks   website ,  Stacks is an open-source network of decentralized apps and smart contracts built on Bitcoin. Stacks unleashes Bitcoin’s full potential as a programmable base layer. With the recent growing interest in Bitcoin which has seen individuals and even corporations investing in the cryptocurrency, there is no better time than now to learn and invest in Stacks. What is Stacks' Proof-of-transfer (POX)? This is a brand new mining mechanism, that generalizes the idea of proof-of-burn.  PoX uses the proof-of-work cryptocurrency of an established blockchain to secure a new blockchain. However, unlike proof-of-burn rather than burning the cryptocurrency, miners transfer the committed cryptocurrency to some other participants in the network. This allows that those who add value to a new cryptocurrency earn rewards in the base cryptocurrency. PoX has a thrilling advantage wherein individuals can earn payouts in a separat...