Of all the current cryptocurrencies, one of the most interesting is Stratis. For a few days its marketcap is close to a billion dollar, and it has just entered the top 10 on CoinMarketCap.
For those who do not know yet, Stratis is more than just another virtual currency. It is a platform that aims to provide organizations with a blockchain service (BaaS), allowing them to obtain a private blockchain very quickly, in the form of side chains, and to simplify the construction of applications based On the blockchain. The $ STRAT coin is the fuel used as a value transfer instrument among participants in the Stratis ecosystem, and to pay per transaction costs for services.
Compared to its competitors, like Etherum, it has several advantages:
One of its main functions is to allow the development of decentralized applications in C #, a programming language widely available on the market, which avoids the difficulties associated with a new programming language.
With the proof-of-stake algorithm, people who retain funds in their portfolios will be rewarded for doing so. A new token is issued per block, which requires about 60 seconds to be generated on the network. This keeps STRAT inflation to a minimum, while providing financial incentives for users.
The value of this coin has already risen well in recent weeks, and it should continue to grow in the coming months with the arrival of the Breeze Wallet which allows anonymous transactions in Bitcoin, using tumblebit technology.