Stratis STRAX Price

What is Stratis (STRAX)?

Stratis, established in 2016, presents a pioneering blockchain development platform that revolves around simplicity and adaptability, catering primarily to enterprise-level businesses. Its core philosophy rests on streamlining business processes through blockchain technology, reducing complexity, and fostering Microsoft's .NET Core Framework as the foundation of its architecture. Stratis uniquely empowers developers familiar with Microsoft's C# to delve into blockchain solutions effortlessly, enabling full-stack utilization of the .NET Core Framework.

What sets Stratis apart is its focus on facilitating enterprises in testing, developing, and deploying blockchain-based applications, offering them the option to operate permissioned, private sidechains interconnected with its primary chain. This approach avoids the challenges of relying solely on major blockchains like Bitcoin or Ethereum, allowing complete customization and flexibility for enterprises. Moreover, Stratis boasts an array of partnerships, including collaborations with tech giants like Microsoft and influential ventures in diverse sectors such as pharmaceuticals.

Stratis' security mechanisms rely on its Proof-of-Stake (PoS) consensus protocol, where nodes stake STRAX for block validation, enhancing network security. The platform continually evolves, as seen with the introduction of the STRAX-based blockchain in 2020, unveiling a roadmap with interoperability plans with Ethereum, IoT software development kits, decentralized finance libraries, and decentralized autonomous organization launches. Stratis remains committed to open-source principles, inviting community audits of its blockchain codebase, ensuring transparency, and reinforcing its status as a leading enterprise-grade blockchain solution leveraging Microsoft's technologies.

What is unique about Stratis (STRAX)?

Stratis stands out for its enterprise-centric blockchain platform, integrating .NET technology, enabling custom sidechains, and robust PoS security mechanisms.

Who are the founders of Stratis (STRAX)?

Stratis was founded by Stratis Group Ltd. which was founded by Chris Trew, aiming to streamline business processes through blockchain technology.

Who are the backers/investors of Stratis (STRAX)?

Stratis has garnered support from various investors and backers, including individual contributors and strategic partnerships with tech giants like Microsoft.

What is the consensus mechanism of Stratis (STRAX)?

Stratis operates on a Proof-of-Stake (PoS) consensus mechanism, where nodes stake STRAX for block validation, ensuring network security.

Where can I buy Stratis (STRAX)?

You can buy Stratis (STRAX) on Binance, Bitget, Gate.ioCrypto.comKuCoin cryptocurrency exchanges.