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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Why Bitcoin needs @Stacks : A Layer-2 solution

🔹Bitcoin's current network can process only 7 transactions per second. $STX increases transaction speed
🔸Bitcoin cannot natively execute smart contracts. $STX brings the capability to build and execute smart contracts on Bitcoin

Why Bitcoin needs @Stacks : A Layer-2 solution. Bitcoin's current network can process only 7 transactions per second.