Buy Stratis

Stratis is a platform that makes blockchain technology accessible to a wider range of developers. It does this by enabling developers to build blockchain solutions in C# and .NET, which are widely used programming languages. This lowers the barrier to entry for developing smart contracts and decentralized applications (dApps).

The platform aims to accelerate the adoption of blockchain in enterprise environments by addressing challenges such as scalability and interoperability using sidechains and a Proof-of-Stake (PoS) consensus mechanism. Stratis offers several products and features, including smart contracts, the Stratis Identity platform for digital identities, and tools for managing tokens in supply chain management.

STRAX is the cryptocurrency of Stratis and has several functions: it facilitates transactions and smart contract executions, and also allows users to participate in the network via staking. Users receive rewards for participating and can earn passive income.

Who founded Stratis?

Stratis was founded in 2016 by Chris Trew, with the aim of making blockchain development more accessible. The project is managed by Stratis Group Ltd, which focuses on continuous improvement of the platform. Chris Trew has a background in enterprise IT and blockchain technology, and leads a team of experts focused on providing a secure, scalable and easy-to-use platform.

Stratis is primarily aimed at developers and offers a variety of options for leveraging blockchain technology. Below is an overview of the different applications and features of Stratis.

• Decentralized Application (dApp) Development: With support for programming languages such as C# and .NET, Stratis provides a user-friendly environment for developing smart contracts and dApps.
• Smart contract DLdeployment: Stratis makes it easier to develop and deploy smart contracts thanks to its integration with C#. This opens the door to automated applications in industries such as finance, real estate, supply chain management, and more.
• Enterprise blockchain solutions: Stratis offers solutions specifically designed to meet the needs of enterprises. This includes the ability to create private sidechains, giving enterprises the flexibility and control to develop custom applications.
• Staking on Stratis: Users can stake their STRAX tokens on the Stratis platform to support the network while earning a return on their investment.

Stratis uses a Proof-of-Stake consensus mechanism where validators are selected based on the number of tokens they stake. Staking STRAX incentivizes both network security and token holder engagement by rewarding them for their contributions.

In addition, Stratis also uses masternodes, which perform special functions such as facilitating fast transactions, executing smart contracts, and supporting private transactions. To set up a masternode, a significant amount of STRAX tokens is required as collateral. Masternodes are rewarded with STRAX tokens for their work.

Smart contracts

Smart contracts on Stratis are developed in C#, allowing developers to take advantage of the programming language’s features and existing libraries. These smart contracts can be deployed on sidechains, leaving the main blockchain unencumbered and increasing the network’s scalability. Integration with Microsoft’s .NET framework provides developers with a familiar environment and tools for building decentralized applications (DApps).

Sidechains

Stratis introduces sidechains that operate as independent blockchains parallel to the main Stratis blockchain and can be customized to meet the specific needs of projects or applications.

Sidechains allow users to run experiments or implement new features without impacting the performance of the Stratis blockchain. Interoperability between the Stratis blockchain and sidechains is achieved via cross-chain transfers, enabling a wide range of applications and improving the usability within the Stratis ecosystem.

Stratis stands out with a number of unique features and functions. These features combine to create a platform that not only appeals to developers, but also offers tailored solutions for enterprises. Some features include:

• Focused on Microsoft developers: Stratis focuses on facilitating a development environment for Microsoft developers who are familiar with .NET and C#. In doing so, Stratis brings together familiar technologies with the innovative capabilities of blockchain.
• Sidechain technology: By implementing sidechain technology, enterprises can create their own unique blockchain and connect it to the Stratis main network.
• Smart contracts in C#: Stratis enables smart contracts to be written in C#, simplifying the complexity of smart contract development on the blockchain.
• Stratis Identity: The Stratis Identity application uses blockchain technology for secure and immutable identity verification, helping to prevent fraud and manage digital identities.

Both Stratis and Ethereum support decentralized applications (dApps) and smart contracts, making them both important players in the decentralized finance (DeFi) space, however, there are some differences between the two platforms.

Ethereum targets a wide range of applications using its native programming language Solidity. Stratis, on the other hand, positions itself more as an accessible option for developers who are already familiar with the popular programming languages C# and .NET. This makes Stratis attractive to existing Microsoft developers.

Furthermore, Stratis, with its sidechain technology, offers a solution to the scalability challenges faced by Ethereum, which allows Stratis to be more flexible and efficient in processing transactions and executing smart contracts.

Buy Stratis (STRAX) at Bitvavo. Our platform is accessible to both novice and experienced traders. Here are the steps to purchase STRAX:

1. Log in to your Bitvavo account or create a new account.
2. Deposit money into your account by clicking "Deposit".
3. Go to the Stratis (STRAX) purchase page.
4. Enter the amount in euros you want to invest or the number of STRAX tokens you wish to buy, and click "Buy".

The price of Stratis tokens depends on the current market value. After purchase, the STRAX coins are automatically added to your Bitvavo account, where you can easily manage and sell them, in order to react quickly to market changes.

Your Stratis coins are safely stored within your Bitvavo account, where the majority of funds are managed offline in cold storage. Enabling two-factor authentication (2FA) is highly recommended as an additional security measure for your account.

For users who prefer to manage their STRAX coins themselves, Stratis is supported by most modern software and hardware wallets. You can easily buy and transfer STRAX to an external wallet by linking your wallet address to your Bitvavo account, giving you full control over your coins.