Stratis Price Chart Update [STRAX]

The STRAX price update as of now is $0.08057. In the previous 24 hours, its trading volume was $4,048,185, and its value has decreased by -4.25%. As of now, STRAX's live market cap is $8,062,924, and it is ranked as the #696 on the Coincu. STRAX has a circulating supply of 100,074,480 and a maximum supply of 100,074,480.

Introduction to Stratis and its Benefits

Stratis, also known as STRAX, is a blockchain platform that enables businesses to build applications on private blockchains. With its API framework, Stratis simplifies the process of deploying and accelerating blockchain generation. While the platform primarily focuses on the potential of financial organizations implementing blockchain technology, any business interested in integrating blockchain can benefit from Stratis.

Unlike other blockchain projects, Stratis takes a more practical approach. In addition to creating and building platforms, the Stratis development team offers consulting services to businesses, guiding them on how to utilize the advanced technology. By collaborating with other users, businesses can also build and host specialized decentralized applications, gaining a comprehensive understanding of smart contracts.

How Stratis Works

Stratis operates as a Blockchain-as-a-Service (BaaS) platform that simplifies application development on the blockchain. By adopting Stratis lite, side chains, and APIs, users can enjoy the benefits of blockchain technology without the need to support the entire network.

Blockchain-as-a-Service (BaaS)

As a BaaS platform, Stratis hosts blockchains on the network using a cloud engine, eliminating the need for users to maintain nodes for querying or manipulating the blockchain. This mechanism maximizes resources for organizations and individuals and makes their efforts more efficient.

One-Click Operation

Stratis enhances the user experience with a simple one-click operation. Users can easily implement custom side chains with many external features found in the main chain. These operations can also be effectively spread to other blockchains. Users can conduct side chains on major platforms such as Bitcoin, Ethereum, Lisk, BitShares, etc.

Side Chains

Stratis side chains empower companies and individuals to create their personalized blockchains. These blockchains can be used to distribute gas to smart contracts. Within the system network, STRAX can be fully exchanged as a side chain currency.

Smart Contracts Stratis

In the familiar and free growth environment provided by Stratis, users can create high-performance, secure, and fully testable smart contracts. Smart contracts enable users to facilitate payment transactions on the blockchain without the need for a third party, ensuring decentralization, transparency, and asset security.

Stratis Architecture

Stratis is designed and built on the Bitcoin platform, using C#, Microsoft .NET, and the NBitcoin library instead of C++ (the main language of Bitcoin Core). C# was chosen for its ease of testing and popularity in commercial business applications.

The Stratis architecture comprises three separate layer management components:

• Stratis Bitcoin full node: interacts with three interface layers, infrastructure layer, and policy layer node. Nodes handle APIs, user interfaces, and transaction storage and verification rules.
• LibConsensus: derived from Bitcoin Core, provides part of the code for the consensus layer to establish a valid block.
• NBitcoin: handles consensus layer empty arrays and message transmission between nodes in the network layer.

Stratis Roadmap

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