STX

Stacks STX cold wallet

Stacks (STX) Cold Wallet

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About Stacks

What is

STX is an open-source blockchain network that brings decentralized apps (dApps) and smart contracts to Bitcoin. Even though they're separate blockchains, Stacks and Bitcoin are effectively able to work together.

Features

Stacks uses a consensus mechanism called “proof of transfer” that recycles Bitcoin's proof-of-work system. Proof of transfer makes Stacks highly scalable and decentralized without causing additional environmental impact.

Stacks uses microblocks to speed up transaction processing. Stacks is limited to the same block times as Bitcoin, but, by dividing blocks into microblocks, it can reduce processing times from minutes to seconds.

It has its own smart contract language called Clarity. An advantage of Clarity over other smart contract languages is that users can set up their own conditions for transactions and aren't limited to preprogrammed conditions.

Recovery

STX supports private key export, and can be restored through the STX private key in other wallets that support Stacks private key import.

Website

https://www.stacks.co/