Question 1

How much does Stratis (STRAX) cost today?

Accepted Answer

At the moment, the current price of Stratis LTC 0.00019325, and over the last 24 hours, it has increased by +2.13%%.

Question 2

What is Stratis (STRAX)?

Accepted Answer

Stratis is a decentralized platform built essentially for enterprise-grade applications using blockchain technology. Its core focus is providing businesses with a user-friendly platform that allows them to leverage the power of blockchain for their organizational needs. Stratis simplifies the process of creating, testing, and deploying blockchain-based applications, significantly accelerating the development cycle for such projects. Stratis is crafted on the language of C#, making it an enhanced variant of Bitcoin’s underlying code. In essence, the main goal of Stratis is to emerge as a comprehensive blockchain-as-a-service (BaaS) platform.

Question 3

Who are the creators of Stratis?

Accepted Answer

Stratis was conceived by a team of industry professionals, primarily based in the United Kingdom but functioning on a global scale courtesy of its decentralized structure. Key team members bring valuable expertise in enterprise-level software development using .NET and C#. The brain behind Stratis is founder and CEO, Chris Trew. Trew holds over a decade's experience in enterprise IT and is a seasoned developer.

Question 4

How does Stratis function?

Accepted Answer

Stratis operates as a BaaS, which stands for Blockchain as a Service. This means it offers businesses the opportunity to create customizable private blockchains which cater to specific use-cases within their organization. These blockchains are secured on the main Stratis blockchain, eliminating the complexities and costs typically involved in initiating and maintaining blockchain network infrastructure.

Question 5

What sets Stratis apart from other cryptocurrencies?

Accepted Answer

Stratis's unique value proposition lies in its simplicity and adaptability. It aims to make blockchain technology accessible and practical for businesses that may lack the resources or expertise to develop their own blockchain ecosystem. Unlike many other platforms, Stratis offers businesses the luxury to craft personalised blockchains devoid of unnecessary features, thereby reducing operational inefficiency and cost. Moreover, the platform's private chains offer additional value in terms of the protection of proprietary code, a feature that would potentially be more appealing for corporations striving to maintain exclusivity over their technological advances.

Question 6

How many Stratis (STRAX) are currently in circulation?

Accepted Answer

The circulating supply of Stratis currently stands at 2.2B tokens.

Question 7

Where can you buy Stratis (STRAX)?

Accepted Answer

Stratis, denoted by the ticker symbol STRAX, is listed on a variety of popular exchanges. You can purchase Stratis on the following KuCoin, DigiFinex, CoinEx, Gate.io.

Question 8

How to ensure the safety of your Stratis holdings?

Accepted Answer

To secure Stratis, or any cryptocurrency, it is recommended to store your holdings in a hardware wallet, which offers secure offline storage. This minimizes the risk of thefts or hacks which are vulnerabilities typically associated with online wallets.

Question 9

What role does Stratis play in the enterprise blockchain ecosystem?

Accepted Answer

Stratis's unique BaaS model has made it a prominent player in the enterprise blockchain space. Its ability to offer customizable private blockchains and its simplicity of integration with existing systems using familiar languages like C# have made it an appealing option for businesses exploring the potential of blockchain technology.

Convert STRAX to LTC

Try our Crypto Pro app