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Home > Tech Path Crypto > 994. Stacks Bitcoin Utility Exploding | $STX_ The Polygon of Bitcoin?
Podcast: Tech Path Crypto
Episode:

994. Stacks Bitcoin Utility Exploding | $STX_ The Polygon of Bitcoin?

Category: News & Politics
Duration: 00:22:21
Publish Date: 2023-02-23 15:05:26
Description: Ordinals is a new protocol that allows NFTs to be stored on the Bitcoin blockchain. STX is the native token of the Stacks Network, a layer 2 blockchain that leverages the security of the bitcoin blockchain to settle transactions. Ordinals' non-fungible tokens (NFT), triggered a massive rally in Stacks Network's STX token earlier this week, while also enabling the creation boom of several Bitcoin NFT wallets and services. Is Stacks becoming the Polygon/ETH of Bitcoin network, where does that leave the Lightning Network?
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