Stacks is an asset of a blockchain network designed for the Web 3 network and decentralized assets. The features and advantages of the project are ease of development, the use of a decentralized Gaia data storage network, a configurable not only Proof-of-Work mechanism, but also the reuse of hash power.

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Stacks

The project claims its Bitcoin sidechain can unlock “hundreds of billions of dollars” in DeFi on bitcoin.

Step Aside, Ethereum: Blockchain Project Stacks Wants to Bring Smart Contracts to Bitcoin

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Step Aside, Ethereum: Blockchain Project Stacks Wants to Bring Smart Contracts to Bitcoin
(source: Coindesk)

"Blockchain project Stacks has published a whitepaper showing how a new digital asset called “Stacks bitcoin” (sBTC) can be used to make Bitcoin fully programmable."

"Unlike Ethereum or Solana where developers can conjure up all manner of algorithmic machinations – think six-figure gorilla avatars – Bitcoin’s simpler scripting language limits what Bitcoin developers can create on the platform. Stacks, an existing smart contract platform, wants to break through those limitations by introducing a new digital asset derived from Bitcoin" Read the full article

Step Aside, Ethereum: Blockchain Project Stacks Wants to Bring Smart Contracts to Bitcoin. (source: Coindesk).