distributed ledger

Stacks Network to Leverage BTC’s Proof of Work and Burn Bitcoins

According to a recent report, Blockstack has announced that it is presently building a new distributed ledger protocol called Stacks. Stacks is a network which makes use of the hash power from the Bitcoin Core (BTC) network. It also possesses a consensus algorithm which burns BTC by making use of a mechanism known as proof…
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