Live Stacks-pris i USD

1/4

These are the buy and hold returns from April 1 to the present. 

I provide this information to help you see the extent of the decline resulting from the black swan event last night and the night before and compare its impact from the opening of the month. 

You can evaluate this discounts in relation to your investment as this is an appropriate opportunity to buy discounts as in Mid of last March.

It is always better to invest in a passive index with objective rules and no survival bias.

You can review the components that my indexes possess periodically and compare your performance with my indexes that objectively organize the cryptocurrency market according to the method of your investment, or use them to form your own strategies or customize your investment and increase your understanding of developments in the crypto market.

I'm a momentum investor, I buy winners and sell losers here.

The winner remains a winner and the loser remains a loser.

But you can benefit from this information according to your strategy if you are buying dips.

Blockchain Infrastructure sector ex-$ETH

$SOL

$ADA

$AVAX

$DOT

$MATIC

$ICP

$NEAR

$APT

$STX

$ATOM

$ARB

$HBAR

$OP

$INJ

$FTM

$TIA

$SUI

$SEI

$ALGO

$FLOW

$STX

Are the Stacks L1 or L2 ?

Layer 1 blockchains are sovereign systems, meaning that the system can exist without anything else.

$BTC & $ETH is a sovereign L1 blockchain.

Layer 2 blockchains, can't exist by themselves, they depend on the underlying L1.

Lightning an L2 can’t exist without the $BTC L1 blockchain.

$ARB , $OP an L2 can’t exist without the $ETH L1 blockchain.

L2 is benefiting 100% from the security of the underlying L1, which also means that the L2 is actually contained fully within the programming abilities of the L1.

$STX

Are the Stacks L1 or L2 ?

L1: This is because Stacks has independent miners as well as a separate security budget in addition to the security benefits that it gets from Bitcoin.

Not L1: Stacks is not a sovereign system, as it cannot exist without Bitcoin.

It’s also not an L2 because it brings functionality that cannot be implemented with Bitcoin script, specifically fully expressive smart contracts.

From my personal point of view, I think that STX is considered something different and there is no specific classification for it in my classification system except that it can be expressed as a mixture between layer1 and layer2!

Why?

It is difficult to consider it as layer 1 and it is difficult to consider it as layer 2.

So I like to see it like a mix.

New Listing!

$STX

Stacks (STX) is a cryptocurrency project that is aimed at enhancing the functionalities of the Bitcoin blockchain by integrating smart contracts and decentralized applications (dApps) directly into Bitcoin's ecosystem.

Initially, it was known as Blockstack before it was rebranded to Stacks in 2020, and now it stands as a layer-1 solution that uses Bitcoin as its base layer. The Stacks platform is powered by its native token, STX, which plays a crucial role in the execution of smart contracts, transaction processing, and the registration of digital assets.

Available for Crypto Strategies.