[Upbit Notes] New Listing Update
- New Listing Update
You can now trade STX(Stacks) on Upbit’s BTC markets.
[BTC market] STX(Stacks)
STX(Stacks) project description:
Stacks 2.0 is a layer-1 blockchain that connects to Bitcoin and brings smart contracts and decentralized apps to it. Smart contracts and apps developed on the Stacks platform are natively integrated with the security, stability, and economic power of Bitcoin. Stacks 2.0 implements a new mining mechanism called Proof of Transfer (“PoX”). PoX is a consensus algorithm between two blockchains. It uses an established blockchain (in this case Bitcoin) to secure a new blockchain (Stacks).PoX connects to Bitcoin with a 1:1 block ratio, meaning anything that happens on the Stacks blockchain can be verified on the Bitcoin Blockchain.