Have you ever heard of Stratis? While most of the people know a lot about Ethereum and Bitcoin, there are also other cryptocurrencies like Stratis tha
Have you ever heard of Stratis? While most of the people know a lot about Ethereum and Bitcoin, there are also other cryptocurrencies like Stratis that don`t get enough media attention. Stratis has reportedly climbed up to the 9th most valuable currency at the end of May, while it now takes the 10 th place.
How does it work?
Stratis operates a Blockchain as a Service (BaaS) platform that is similar to SaaS. Still, it is different in the sense that it is specifically designed to offer services on the blockchain. While it looks like Ethereum, it is not so focused on ICOs and smart contracts. On the contrary, they service has many features that cover anticipated needs in the blockchain space. The latter is used to offer their services to other companies.
“Our enterprise-grade development platform Stratis is a simple and affordable end-to-end solution for native C# and .Net blockchain applications: solutions tailored exactly to your specific needs – at very competitive rates. Our proprietary blockchain combines the latest advances in security and stability of Bitcoin with the latest breakthroughs in network speed, scalability and customization.”, as they wrote on their website stratisplatform.com.
“$STRAT is the fuel that powers and secures the Stratis blockchain. It is used to pay fees per transaction and as an instrument for transfer of value among participants in the Stratis marketplace.”, as they added.
“$STRAT is a digital cryptographic token that is freely traded on open exchanges as one of the top cryptocurrencies by marketcap. The Stratis blockchain is based on the Bitcoin consensus algorithm making it one of the most reliable and secure cryptographic tokens today.”, as the company claimed on their website.
It is speculated that Stratis may be the next huge blockchain platform. However, it is to be seen, if they can maintain their platform stable, robust, and scalable in the future.