🔥💥What is STRAX Coin? The future of Stratis
What is STRAX Coin?
#Strax Coin is the native cryptocurrency of the #Stratis platform. It is an asset that supports the important features of the Stratis platform, such as security, scalability and functionality, and forms the basis of the network. STRAX is used for various purposes, such as paying transaction fees on the Stratis platform, using services on the platform, and encouraging network participants.
What is Stratix's project?
Stratis enables businesses and developers to offer customized solutions by creating private blockchain networks. The platform allows users to create private blockchains that can be accessed through simple but powerful APIs and lightweight clients.
These special chains are secured on the main Stratis chain, and the transfer between the two is easy and direct Decoupled. This feature allows organizations to obtain a solution tailored to their specific needs.
What is STRAX Coin useful for?
The main function of STRAX Coin is to serve as a means of paying for various transactions on the Stratis platform. It also plays an important role in Stratis' Blockchain-as-a-Service (BaaS) model. BaaS allows developers and enterprises to test and deploy customized blockchain-based applications in the cloud.
This model eliminates the need for costly hardware and expertise, making the use of blockchain accessible to organizations of all sizes. BaaS provides a combination of digital and traditional currencies, offering the advantages of blockchain such as speed, cost, transparency and currency stability.
Stratis was also designed with the integration of fiat crossovers in mind from the very beginning. Financial organizations can use blockchain for the transfer of existing currencies that are accepted by mainstream consumers and are not affected by volatility. This allows businesses to take advantage of the value storage advantages of blockchain while maintaining regulatory compliance at the same time.
