The Stratis network is an excessively decentralized blockchain platform that focuses on the implementation of blockchain technologies in the field of software development. Stratis comes with development kits and an infinite number of features that aim to make coding blockchain projects simpler and more secure. The network uses a PoS validating algorithm instead of PoW validation. PoS (Proof of Stake) validation of new blocks is immensely faster and more energy-efficient than the Proof of Work approach, hence making the network more eco-friendly. Stratis has its own cryptocurrency called STRAX.
The project was started in 2016 by Chris Trew, a UK based tech guru, with the foundation of Stratis Group Ltd., which to this date serves as the company behind the network.
The idea behind the project is to give companies a tool to easily and effectively introduce blockchain-based solutions and applications within their respective industries. The Stratis framework is accessible through C# and .NET programming languages, which are among the most popular and most widely used programming languages to this date.
If you want to support the Stratis project and become the STRAX owner, SimpleSwap is ready to help you, just follow the instructions below: