Stacks (STX) |
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Algorand (ALGO) |
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Stacks (STX) | Algorand (ALGO) |
Stacks (STX) is a cryptocurrency that aims to bring smart contracts and decentralized applications (dApps) to the Bitcoin blockchain. Stacks uses a unique consensus mechanism called "proof of transfer" (PoX) which allows STX holders to earn Bitcoin (BTC) by locking up their STX tokens and participating in the validation of transactions on the network.
The Stacks network is built on top of the Bitcoin blockchain, which is used as a secure and reliable base layer for executing smart contracts and building decentralized applications. Stacks enables developers to build dApps using familiar programming languages, such as JavaScript and Python, and provides a suite of tools and resources to facilitate the development process.
One key feature of Stacks is its focus on decentralized finance (DeFi) applications, with the platform supporting the creation of decentralized exchanges, lending and borrowing protocols, and other DeFi products.
STX is used as the native currency of the Stacks network, and it is used to pay for transaction fees, smart contract execution, and other network services. STX can also be staked to earn BTC rewards through the PoX consensus mechanism.
Stacks is a promising project that aims to bring smart contracts and DeFi to the Bitcoin blockchain, while also providing an opportunity for STX holders to earn BTC through the PoX consensus mechanism.
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Algo is the native cryptocurrency of Algorand Blockchain. Algorand blockchain is open-source and decentralized. Algorand Blockchain has its unique consensus mechanism with a two-tiered structure based on proof of stake. Algorand was created by MIT professor Silvio Micali and launched in 2019. Algorand aims to solve blockchain trilemma with ultra-fast transactions with high security. Algo is a promising coin focused on payment network functionality.
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Key Data |
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Stacks (STX) | Algorand (ALGO) |
Coin Name
Stacks
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Coin Name
Algorand
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Symbol
STX
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Symbol
ALGO
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Type
Coin
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Type
Coin
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CoinMarketCapRank
No 25
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CoinMarketCapRank
No 58
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Network
None
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Network
None
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Stable Coin
No
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Stable Coin
No
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Max Supply
1,818,000,000
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Max Supply
10,000,000,000
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Circulating Supply
1,419,700,000
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Circulating Supply
8,001,200,000
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Total Supply
1,818,000,000
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Total Supply
8,001,200,000
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Mineable
Yes
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Mineable
No
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Price |
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Stacks (STX) | Algorand (ALGO) |
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Calculate STX in ALGO | Calculate ALGO in STX |
24 Hour Volume USD
-
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24 Hour Volume USD
-
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24 Hour Volume USD
-
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24 Hour Volume USD
-
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24 Hour Price Change
-3.02000000000000001776%
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24 Hour Price Change
-3.40000000000000035527%
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7 Day Price Change
2.67%
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7 Day Price Change
12.4%
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30 Day Price Change
29%
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30 Day Price Change
22.4%
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Market Cap USD
4,878,400,000 USD
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Market Cap USD
2,042,600,000 USD
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Market Cap USD
4,878,400,000 USD
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Market Cap USD
2,042,600,000 USD
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Staking Rates |
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Stacks (STX) | Algorand (ALGO) |
Coinbase
11.4% APY
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Coinbase
6.73% APY
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Staking Rates |
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Stacks (STX) | Algorand (ALGO) |
Crypto.com
-
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Crypto.com
0.1% - 3% APY
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Kraken
-
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Kraken
4.75% APY
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Coinbase
11.4% APY
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Coinbase
6.73% APY
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