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Hiro, Formerly Blockstack, Says STX Token Is No Longer a .
Hiro, formerly known as Blockstack, announced last week that its Stacks token (STX) is no longer a security, and as such, Hiro will stop filing annual reports to the SEC. “Today, Hiro Systems PBC filed its 2020 annual report with the SEC," Hiro CEO Muneeb Ali wrote in a blog post.
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CityCoins are powered by Stacks, a protocol that enables smart contracts on the Bitcoin network. Anyone can compete to mine CityCoins by forwarding their STX tokens through the Stacks protocol. 30% of miners’ forwarded STX is directed into a wallet reserved for each city, and the remaining 70% can be stacked to earn STX and BTC. Learn More .
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Whereas stakers “stake” STX tokens to secure the Blockstack network and earn rewards in Bitcoin. STX is an inflationary token, meaning there is no maximum supply. However, inflations rates are set to drop as the network grows. STX Depth Chart Zoom 0.5 % 1 % 2 % Scale Linear Log Bids -2% $1.7892 M Asks +2% $827.11 K STX Breakdown STX Price Chart
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PoX miners are rewarded with newly minted STX tokens when transferring BTC. The rewards schedule was set by the developers as follows: First 4 years, 1000 STX per block are released for mining. Next 4 years, 500 STX per block are released. Next 4 years, 250 STX per block are released. For the rest of the period, 125 STX per block will be released.
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STX tokens basically foster the execution of smart contracts on the Stacks network. The token functions as a tool to publish new smart contracts to the blockchain. It is also used for transaction.
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The platform is powered by the Stacks token (STX), which is used for fueling the execution of smart contracts, processing transactions and registering new digital assets on the Stacks 2.0 blockchain.
Stacks Coin Price & Market Data. Stacks price today is $2.18 with a 24-hour trading volume of $46,778,411. STX price is up 3.9% in the last 24 hours. It has a circulating supply of 1.1 Billion STX coins and a total supply of 1.82 Billion. If you are looking to buy or sell Stacks, Upbit is currently the most active exchange.
Stacks price today, STX to USD live, marketcap and chart .
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STX is the native token of the Stacks blockchain. It is used to pay the fee for all of the transactions in the network. STX holders can also earn BTC by staking STX to contribute to the consensus process of Stacks transactions. Detailed information about STX token STX Price Today
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