Key metricsKey metrics
PricePrice$0.4252
Asset TypeAsset TypePlatform
StructureStructureFor Profit Company
Project StatusProject StatusMVP
OwnershipOwnershipFree
SectorSectorSmart Contracts
IndustryIndustryBlockchain
FoundedFounded21-Jun-2016
Funds raisedFunds raised590K
CountryCountryUnited Kingdom
Key personKey personChris Trew

Stratis (STRAT) Information{coin_name} ({symbol}) Information

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STRAT is the fuel that powers and secures the Stratis blockchain. It is used to pay fees per transaction and as an instrument for transfer of value among participants in the Stratis marketplace.

OrganizationsOrganizations

Stratis Group Ltd.

Company NumberCompany Number Company Number : 10550333
20-22 Wenlock Rd, London

Questions and AnswersQuestions and Answers

What is Stratis?
Stratis is a platform where developers and businesses will be able to quickly and easily build decentralized, blockchain based apps written in C# and using the Microsoft .NET framework. The Stratis team is aiming to provide a turnkey solution to existing businesses to ensure they are able to test and deploy projects quickly and with a high level of security.
Where is the Stratis team based?
Stratis has a worldwide presence, comprised of a distributed team of business managers, developers, consultants, marketing and sales experts. Coordinated by a strong team of blockchain experts, we combine a solid corporate structure for best business practices with the flexibility for rapid prototyping and deployment. Headquartered in the U.K. and incorporated as Stratis Group Ltd., we operate in Asia, Europe and the Americas.
Why use the Stratis Platform?
We offer simple and affordable end-to-end solutions for development, testing and deployment of native C# blockchain applications on the .Net framework. Our platform consists a number of features including a cloud based service and a Blockchain development API.
How will Stratis Group monetize Blockchain applications created on the Stratis platform?
What is Proof of Stake (PoS)?
Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. In PoS cryptocurrencies (like Stratis) the blocks are usually said to be "staked" or "forged", rather than mined.
What is the Stratis token?
Stratis is the currency which powers the Stratis Platform. A Proof-of-Stake (POS) cryptocurrency with limited emission and low inflation, Stratis (ticker: STRAT) is trading on reputable cryptocurrency exchanges and valued by investors worldwide. The Stratis cryptographic token ($STRAT) combines the proven security consensus of Bitcoin, with the latest advancements in blockchain technology.
What are some of Stratis's advantages?
First and foremost, Stratis enables existing developers to leverage their current C# and .Net knowledge because the platform is based around these two technologies. This is a huge advantage because it essentially lowers the barrier to entry for developers and businesses to get started developing blockchain based apps. Second, the Stratis Breeze wallet will be very unique. Its infrastructure will be based on Tumblebit technology such that Tumbler masternodes on the network will enable trustless, private transactions between wallets. In addition, Bitcoin holders will also be able to use the wallet to tumble their Bitcoins and transfer between Bitcoins and Stratis tokens seamlessly. Many in the community have speculated this will expose the Stratis token to an already wide Bitcoin audience. Moreover, apps built on Stratis will run in their own side-chains. This will help avoid the main Stratis chain from becoming bloated. Last, the Stratis platform is backed by its own token: STRAT. This token is proof of stake, and so it avoids the unnecessary and wasteful energy output some other proof of work coins result in. Finally, since Stratis is a C# derivation of Bitcoin, tech improvements such as Segwit and Lightning Network could be implemented on the main or side-chains in the future.
What is the total supply / inflation of the STRAT token?
As of May 9, 2017 there are 98,378,285 STRAT outstanding. A common misconception I see all the time in the Stratis community regards the inflation rate. The inflation rate is NOT 1%. A new block is derived via POS about every minute, and 1 STRAT is generated per block. This means, on average, about 1440 new STRAT are mined each day since there are 1440 minutes in a day. That equates to 525,600 new STRAT in a 365 day year. 525,600/98,378,285 = 0.0053. So the inflation rate as of May 9, 2017 is about 0.53%, and this rate decreases as the total supply grows. However, not everyone stakes their STRAT. This is what makes it seem like the inflation rate is greater than it is. Around 30,000,000 STRAT are staked right now on May 9, 2017. This means that the 1440 STRAT generated per day are going to the holders of that 30,000,000 STRAT. This would equate to earnings from staking equal to about 1.75% if 30,000,000 STRAT were being staked the entire year (525,600/30,000,000 = 0.0175). So be aware of this distinction. Inflation of the STRAT token is a measly 0.53% currently, but people can earn a higher percentage than that simply because not everyone stakes their tokens.
What is the difference between Stratis and Ethereum?
Please check this link: https://www.youtube.com/watch?v=L6K_efczCZE
Is there a block explorer for the Stratis blockchain?
Please check this link: https://chainz.cryptoid.info/strat/

TechnicalTechnical

Key metricsKey metrics

Source Code Repositories

stratisproject/StratisBitcoinFullNode 687 Stars 69 Contributers 151 Open Issues

Bitcoin full node in C#

EconomicsEconomics

Tradeable CoinsTradeable Coins
99,406,696 (100% of total) ({tradeable_of_total} of total)

Exchange Markets

ExchangeExchange MarketMarket PricePrice DiffDiff Volume 24hVolume 24h SpreadSpread Spread $1kSpread $1k
Binance STRAT/BTC $0.4273 0.49% $165,247 0.28% 0.83%
Upbit STRAT/KRW $0.4207 -1.1% $110,529 0.2% 0.97%
Bittrex STRAT/BTC $0.4274 0.52% $82,557 0.28% 0.75%
Binance STRAT/ETH $0.4254 0.03% $14,446 1.1% 9.4%
Poloniex STRAT/BTC $0.4209 -1% $4,006.46 0.06% 2.5%
Bittrex STRAT/ETH $0.4243 -0.22% $744.81 1.4% 20%

Latest Stratis NewsLatest Stratis News

Stratisplatform on Twitter

Stratis Monthly #6: https://t.co/SB0yJiob6D #blockchain #dotnet #stratis #monthly $STRAT…

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Stratisplatform on Twitter

Happy 3rd Birthday. Three years ago today the first Stratis block was mined. Thank you to our team, contributors and community for supporting us #stratis #blockchain #dotnet #3Yrs $STRAT… https://t.co/Vc2xBwvqHd

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GLUON | Official Account on Twitter

Gluon will be exhibiting at the #petroshow in San Diego from September 3-5, 2019. Booth #821. The show will be at the Manchester Grand Hyatt. Join us as we display the latest in our #IOT hardware and software developments. #fuel systems #ai #blockchain #automotive #pfcs #pfcs19… https://t.co/M8UzxAhqN5

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Binance on Twitter

ICYMI #Binance Will Support @stratisplatform ( $STRAT) Staking & Launch a 50,000 STRAT Initial Staking Reward Airdrop https://t.co/9P40Lu4EeO… Users holding STRAT on Binance may expect to receive a 1st staking reward bonus from an additional $25,000 equivalent pool of STRAT.… https://t.co/uE5w4qx0av

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Binance on Twitter

#Binance Will Support @stratisplatform ( $STRAT) Staking & Launch a 50,000 STRAT Initial Staking Reward Airdrop https://t.co/LaeUEUtG8V Users holding STRAT on Binance may expect to receive a 1st staking reward bonus from an additional $25,000 equivalent pool of STRAT.… https://t.co/adYwW0prQZ

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Stratisplatform on Twitter

Dexter Blackstock founder @MediConnectUK working with Stratis has no regrets over quitting football https://t.co/h4Ulyn2lbn via @MailSport

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Stratisplatform on Twitter

Congratulations on winning the Cirrus giveaway https://t.co/C4mZ3RyXzj

Stratis on Twitter ReadRead 

Stratisplatform on Twitter

First SegWit Block mined on Stratis Testnet! - SegWit support will be coming to the Stratis Mainchain https://t.co/usQgizzUeB #blockchain #dotnet #development $STRAT… https://t.co/VQkf2OP4mB

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MediConnect on Twitter

#MediConnect is pleased to announce that it has received indicative support from the Ugandan government and @KagutaMuseveni to explore the use of its #blockchain solution to tackle the spread of counterfeit drugs in the country. #crypto #healthcare https://t.co/Hwwi3BdgJq

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Stratisplatform on Twitter

Reply with your CIRRUS address (Not Strat!) to and like/retweet the main tweet above! When you receive the CG1 token send it back to the address provided in the blog post to enter.

Stratis on Twitter ReadRead 
This information is provided AS IS and is not adviceThis information is provided AS IS and is not advice. May contain errors or omissions. Please always do your own research before trading.May contain errors or omissions. Please always do your own research before trading.
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