1H
-0.24%$0.0009
24H
-6.45%$0.0249
7D
43.6%$0.1097
30D
18.4%$0.0562
Stacks is a layer-1 blockchain solution that is designed to bring smart contracts and decentralized applications (DApps) to Bitcoin (BTC). These smart contracts are brought to Bitcoin without changing any of the features that make it so powerful — including its security and stability.
These DApps are open and modular, meaning developers can build on top of each other’s apps to produce features that are simply not possible in a regular app. Since Stacks uses Bitcoin as a base layer, everything that happens on the network is settled on the most widely used arguably the most secure blockchain in operation – Bitcoin.
The platform is powered by the Stacks token (STX), which is used for fueling the execution of smart contracts, processing transactions and registering new digital assets on the Stacks 2.0 blockchain.
The platform was formerly known as Blockstack, but was rebranded to Stacks in Q4 2020 in order to “separate the ecosystem and open source project from Blockstack PBC” – the company that built the original protocols.
The mainnet for Stacks 2.0 launched in January 2021.
The guide below provides a full explanation of the use of crypto ATMs – electronic outlets that allow users to purchase or sell cryptocurrencies. It will be helpful not only for those who are new to the crypto industry but also for enthusiasts who have been dealing with crypto for years.
In this guide, we explain how to purchase MoonBull tokens through the presale, explore the project’s meme-meets-DeFi mechanics.