Cryptocurrency Q&A Is STX a layer 2?

Is STX a layer 2?

Alessandro Alessandro Wed Oct 23 2024 | 6 answers 1426
I'm currently exploring blockchain technology and have come across the term STX. I'm trying to understand its place in the blockchain ecosystem, specifically whether it operates at the layer 2 level. Could someone clarify this for me? Is STX a layer 2?

6 answers

EchoWave EchoWave Fri Oct 25 2024
Stacks represents a groundbreaking advancement in blockchain technology.

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Paolo Paolo Fri Oct 25 2024
It functions as a layer 2 solution specifically designed for Bitcoin.

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Stefano Stefano Thu Oct 24 2024
By being open-source, Stacks encourages transparency and collaboration among developers.

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lucas_jackson_pilot lucas_jackson_pilot Thu Oct 24 2024
A key feature of Stacks is the introduction of smart contracts to the Bitcoin network.

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KDramaLegendary KDramaLegendary Thu Oct 24 2024
This capability allows for the creation of decentralized applications that leverage Bitcoin's security and decentralized nature.

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