Stacks: Enabling Staking, NFTs, and DeFi for Bitcoin

Stacks is a layer 2 blockchain that aims to enable smart contracts and decentralized applications on Bitcoin. In addition to smart contracts, the Stacks project provides open-source software for authentication and data storage.

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Smart contract functionality is applied to the BTC Blockchain without the need for a fork. Therefore, no change or adaptation of the Bitcoin network is required and all applications running on Bitcoin via STX can…