Stacks is an open-source network of decentralized apps and smart contracts built on Bitcoin. The Stacks blockchain is a flexible layer on top of Bitcoin that enables decentralized apps, smart contracts, and digital assetsA layer-1 blockchain that connects to Bitcoin for security and enables decentralized apps and predictable smart contracts, Stacks implements Proof of Transfer (PoX) mining that anchors to Bitcoin security and produces blocks at the same rate as Bitcoin.
Stacks Token (STX) is the native asset on the Stacks blockchain and used as fuel for transactions. All transactions, from executing Clarity contracts to creating digital assets, are paid for in STX.
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