Stratis

What is Stratis?

The Stratis Platform is a highly decentralized blockchain development platform designed for Microsoft developers, allowing them to create blockchain solutions using familiar languages. It offers a feature-rich ecosystem with tools and SDKs, ensuring confidence in solution development. The platform, built upon the secure architecture of Bitcoin and employing Proof-of-Stake, is energy-efficient and boasts a low carbon footprint.

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Recent Video Interview

Main points of the interview:

• Stratis offers low-cost smart contracts executed on .NET CLR.
• Key industries: asset management, gaming, IoT, and supply chain.
• Highlighted the NFT platform for artists with minimal costs.
• Introduced Stratis Identity for secure, self-sovereign identity management.
• Encouraged developers to explore blockchain solutions with Stratis APIs.

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Stratis Ecosytem

The Stratis Ecosystem provides a toolset for developers and offers benefits to STRAX Token holders through staking and Masternode deployment. The Stratis Academy focuses on educating a global C# and .NET developer community, preparing the next generation for blockchain projects.

Stratis Smart Contracts in C# aim to prevent bloat on the main blockchain caused by running numerous smart contracts. Masternodes, responsible for smart contract execution and interoperability, receive a 50% share of block rewards on the Stratis Mainchain, providing passive rewards.

The Stratis Decentralized Accelerator allocates over $10 million to bootstrap blockchain-based projects. Managed through decentralized on-chain governance, the Stratis Decentralized Accelerator has already funded several successful projects.

Stratis Academy

Those interested in joining the Stratis development community can engage through the Stratis Academy. Stratis is committed to disseminating blockchain knowledge and fostering a vibrant global community for C# and .NET developers centered around blockchain concepts.

Whether one aims to initiate the development of an enterprise blockchain or seeks to explore blockchain technology on a personal level, Stratis provides documentation and example code to facilitate the start of their blockchain journey. The Stratis Academy offers enlightening articles delving into the workings of blockchain, especially the Stratis blockchain. Additionally, comprehensive guides featuring practical examples outline the steps to kickstart projects using Stratis technologies such as Stratis Sidechains and Stratis Smart Contracts in C#.

STRAX Token

The STRAX Token powers Stratis Blockchain Technologies and serves as a means for transferring value and executing Smart Contracts. It is accessible on major exchanges like Binance, Crypto.com, and Upbit.

Wrapped STRAX (wSTRAX) is additionally accessible on the Ethereum Blockchain through the UniSwap Decentralized exchange.

Stratis's Blockchain as a Service

Blockchain as a Service (BaaS) by Stratis operates through a network of Masternodes, ensuring decentralization and security. Incentivized Masternodes remain online and produce blocks quickly, receiving rewards from processed transactions and Stratis' exclusive Masternode Incentivization Scheme. This unique approach enhances mainchain security through locked funds, which are staked for distributed staking power.

The benefits of Stratis' BaaS include scalability and high throughput achieved through the Proof-of-Authority consensus algorithm. A defined set of distributed block producers ensures rapid validation and processing of transactions, resulting in quick turnaround times. This solution allows for scalable operations without congestion, providing known transactional costs and eliminating the risk of volatile expenses when interacting with the Blockchain.

Stratis Team Background

In 2016, Chris Trew founded Stratis Group Ltd., the company behind the Stratis platform. With a background in enterprise information technology, Trew identified a gap in the industry for an enterprise-focused blockchain platform. He chose to base the platform on the Bitcoin (BTC) protocol, anticipating Bitcoin's dominance in the crypto space and the continual improvement of its codebase.

Project Development

The transition of Stratis to StratisEVM signifies a significant advancement, integrating the platform into the expansive Ethereum ecosystem. This transformation provides access to sophisticated web3 tools, streamlined DeFi protocols, a thriving dApp ecosystem, and an active developer community. The StratisEVM Blockchain will emerge as an advanced, web3-ready, Ethereum-based PoS Blockchain, featuring $STRAT as the native token. It will serve as a Layer 1 solution, with future plans for a Layer 2 solution tailored for gaming and DeFi applications.

As Stratis moves towards the StratisEVM platform, it's crucial to emphasize the approaching token swap period. This swap is a key element of the migration, enabling $STRAX holders to exchange their tokens for the new $STRAT tokens. Comprehensive details and instructions for the token swap process will be provided, ensuring all community members can confidently navigate this important phase.

Stratis Price Analysis

As of October 16 2024 Stratis has a marketcap of $101M. This is {{percentagefromath}} from its all time high of $22.77. In terms of its tokenomics, there's a total supply of 2B with 100% currently outstanding. Keep in mind Stratis has a fully diluted value of $101M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.