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Stacks Network – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sun, 03 Feb 2019 00:17:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Stacks Network – DIGIT INFO https://www.digit.info 32 32 Stacks Network Plans to Leverage BTC’s Proof of Work and Burn Bitcoins https://www.digit.info/stacks-network-plans-to-leverage-btcs-proof-of-work-and-burn-bitcoins/ Sun, 03 Feb 2019 00:17:07 +0000 https://www.digit.info/2019/02/03/stacks-network-plans-to-leverage-btcs-proof-of-work-and-burn-bitcoins/ Read more]]>

Stacks Network Plans to Leverage BTC's Proof-of-Work and Burn BitcoinsBlockchain startup Blockstack has revealed the company is in the midst of developing a new distributed ledger protocol called Stacks, a chain that leverages the hash power from the Bitcoin Core (BTC) network. Not only is the Stacks network secured by over 45 exahash of distributed hashrate, but its consensus algorithm also burns BTC by […]

The post Stacks Network Plans to Leverage BTC’s Proof of Work and Burn Bitcoins appeared first on Bitcoin News.

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