Stacks 2.0 Blockchain Set to Go Live on Mainnet

Stacks 2.0 Blockchain Set to Go Live on Mainnet

The year 2021 has started off on an incredibly good note for the crypto industry as Bitcoin and others hit all-time highs. Carrying that momentum further is the revolutionary Stacks project (you may recognize it as Blockstack) which launches their  Stacks 2.0 blockchain on January 14. Stacks 2.0 is a layer-1 blockchain that uses Bitcoin blockchain as a secure base upon which developers can build secure apps and smart contracts on Bitcoin.

With the launch of Stacks 2.0 Blockchain, the Stacks project will turn Bitcoin from being just Digital Gold to a vehicle of innovation, while providing participants with a new way to earn BTC. The Stacks network comes complete with the necessary set of tools, including the new Clarity language for building complex smart contacts anchored to Bitcoin. Unlike the standard Proof-of-Work (PoW) with Bitcoin blockchain, Stacks 2.0 blockchain uses a novel Proof-of-Transfer (PoX) mining mechanism which makes building on Bitcoin possible. This mechanism also allows for STX

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