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About

Blockstack, now known as Stacks (STX), is a blockchain-based network designed to support a decentralised internet. Established as part of the broader Blockstack ecosystem, its foundational technology supports decentralised applications (dApps), with an emphasis on user data security and digital asset ownership. The native token, Stacks (STX), enables key operations within the ecosystem, including executing smart contracts and processing transactions. The Stacks blockchain stands out for its novel consensus mechanism, Proof of Transfer (PoX), and the introduction of the Clarity smart contract language, designed for transparency and security. The core philosophy underpinning Stacks is to reduce reliance on centralised entities, offering users sovereign control over their data and digital interactions.