What is STRAX? STRAKS (STAK) is a decentralized and open source cryptocurrency focused on E-commerce. cryptocoin.com In this article, we will examine STRAKS. We will also answer questions such as what is STRAX, what is STAK, and how to get it, which is a curiosity among investors. Now, let’s examine together this project, which aims to revolutionize the field of e-commerce with Blockchain.
What is STRAX?
STRAKS (STAK) is a decentralized, open-source, community-driven and Blockchain-based cryptocurrency focused on E-commerce. Its name means fast in Danish. Accordingly, the cryptocurrency is dedicated to operating with high scalability, true to its name. The ecosystem operates at extremely high transaction speeds. Users can make purchases etc in just seconds. has the advantage of performing transactions. This is an extremely important issue in the field of e-commerce. At this speed, the platform aims to be the most efficient cryptocurrency for E-commerce.
The global E-commerce market is worth trillions of dollars today. STRAKS aims to position itself as a competitive altcoin for E-commerce application. This will be achieved through the development and implementation of relevant technology that facilitates the buying and selling process as smoothly as possible. The team behind the project is committed to forging new partnerships for it. Let’s take a look at the unique features of STAK.
What is STAK? what does it do?
STAK is short for STRAX. First of all, this cryptocurrency is completely open source. Accordingly, everyone can contribute to the development of STRAKS. However, the digital asset is completely decentralized. STAK holders are scattered all over the world. In addition, anyone can have a stake in the asset by purchasing this cryptocurrency. Due to the community-oriented nature, the core team evaluates community requests and proposals. However, the altcoin offers extremely high speed and privacy.
The altcoin uses Bitcoin’s Proof-of-Work (PoW) consensus mechanism. However, it is much faster and safer than Bitcoin. The block size on the platform is 4 MB. In addition, Blockchain generates a new block every 60 seconds. This allows users to take action very quickly. In addition, it is possible for users to mine STAK with the PoW and Masternode algorithm. These miners are rewarded for their contributions in the form of cryptocurrencies.
What is STRAX? How to get STAK?
CoinMarketCap is issuing a warning that the developers have abandoned the project. Therefore, investors should consider all possibilities before investing in STRAKS. However, if you have decided to invest, you can access the SouthXchange exchange to purchase STAK.
