Stratis Price, News and Analysis (STRAX)

Stratis is the native value currency in the Stratis Platform, it fuels the creation of private and public custom blockchains for corporate use. The Stratis Platform offers a one-click deployment system for custom blockchain deployment. These blockchains can be customized to suit the companies' needs, and can even be deployed to mimic the features of popular blockchains like Ethereum or Lisk, which can be tested individually or in parallel. The Stratis team will also function as a London Based consultancy agency that will help businesses to deploy the blockchain that best suits them. On the 12th of November, 2020, Stratis lauched a new blockchain and finalized their token swap. The new Mainnet enables flexibility and allows development in a more agile manner, while providing a platform for the development and deployment of DeFi based Smart Contracts. In the official STRAX Blockchain launch announcement, Stratis lists the following enhancements to the platform: Block Reward Increase and Cirrus Sidechain Incentivization, Block Time Reduction, Cold-Staking Activation, Cross-Chain-Transfer Time Reduction, Improvement to Blockchain data stores, Increase of OPRETURN Capacity, Masternode Dynamic Membership, Masternode Collateral Increase, Removal of Legacy Node Support, Segregated Witness Activation. STRAX distribution was performed by an automated script executed on the 12th of November 2020 crediting those who had participated in the initial Token Swap period.  Token Swap requests after the initial Token Swap period (15th October 2020 until 9 AM GMT on 12th November 2020) will be subject to an additional defined manual process to prove ownership of funds instead process defined above. (Description provided by CryptoCompare)

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Stratis.

Weiss Research, an investment research firm that rates cryptocurrencies, has given Stratis an overall rating of "D+", a technology and adoption rating of "D", and a market performance rating of "B".

Stratis produces its own wallet software that is available for download on its website, which allows you to store Stratis on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

One Stratis (STRAX) is currently worth $3.55 on major cryptocurrency exchanges. You can also exchange one Stratis for 0.00006967 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Stratis in U.S. dollars is $465.65 million.

Stratis is a proof of work (PoW) and proof of stake (PoS) coin that uses the X13 algorithm.

Stratis can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards. In addition to having mining software, you will need a Stratis and access to a mining pool that pools your effort with other miners and a wallet to store the Stratis that you earn from mining. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

The following coins use Stratis's X13 algorithm and proof of work (PoW) and proof of stake (PoS) proof-type: Bitcoin Diamond, Navcoin, DeepOnion, Stealth, CloakCoin, Bitcoin Plus, MU DANK, BlitzPredict, BlitzPick, Opal, Datacoin, BoostCoin, STVKE, Sint-Truidense Voetbalvereniging Fan Token and KORE Vault.

The official Reddit community (subreddit) for Stratis is r/Stratisplatform.