Following its recent price hike, most of those who come across this cryptocurrency ask themselves what is Stratis STRAX? In this article, we are going to delve deep into what Stratis blockchain is and where you can buy the Stratis (STRAX) coin.
In a nutshell, Stratis is a blockchain platform that offers several services and products for enterprises. It offers a platform for launching private sidechains, developing and deploying smart contracts, conducting initial coin offerings (ICOs), and running full nodes.
Stratis also provides a proof-of-identity application and cryptocurrency wallets.
The Stratis blockchain is powered by a native token called STRAX that is used to purchase and operate various products and services like executing smart contracts and paying for sidechains. The STRAX coin is also used for staking as collateral for operating Masternodes (nodes that provide specific needed services on the Stratis blockchain network).
Who are the founders of Stratis?
The Stratis blockchain was founded in 2016 by Chris Trew who founded the Stratis Group Ltd. Startis Group Limited is the company responsible for the development of Stratis.
Initially, Stratis was launched on the Bitcoin protocol since the founder believed that Bitcoin would become dominant in the crypto space.
Stratis, however, went ahead to launch its own mainnet in November 2020 which featured interoperability with Ethereum, a decentralized finance software library, a decentralized autonomous organization, and an Internet of Things software development kit.
Stratis has also announced several business partnerships with a number of companies including Microsoft, International Data Corporation, and MediConnect (a pharmaceutical blockchain development company).
Where to buy Stratis (STRAX) coin
If you are looking for an exchange where you can buy the Stratis cryptocurrency, you can trade or buy Stratis (STRAX) from the following cryptocurrencies:
- Binance
- Upbit
- Bithumb
- DigiFinex
- Gate.io
- com Exchange
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