STRAX is a cryptocurrency that is built on the Stratis blockchain platform. It is designed to be a highly scalable and flexible blockchain solution that can be used for a wide range of applications. STRAX is a proof-of-stake (PoS) cryptocurrency, which means that it is mined by users who hold a certain amount of STRAX in their wallets. This makes it a more energy-efficient and environmentally friendly alternative to proof-of-work (PoW) cryptocurrencies like Bitcoin. One of the key features of STRAX is its ability to support smart contracts. Smart contracts are self-executing contracts that are programmed to automatically execute when certain conditions are met. This makes them ideal for a wide range of applications, from financial transactions to supply chain management. STRAX also supports sidechains, which are separate blockchains that can be used to run specific applications or services. This allows developers to create custom solutions that are tailored to their specific needs, without having to worry about the limitations of the main blockchain. Overall, STRAX is a highly versatile and flexible cryptocurrency that has the potential to revolutionize a wide range of industries. |