However, it was in September 2019 that Blockstack entered the history of the crypto market. This allowed the team to receive another $6.8 million in investment. And only in January 2020, an independent commission confirmed the achievement of the second key milestone – a millionth user registered in the Stacks 1.0 network. The first step was the launch of the Stacks 1.0 main network and crypto wallet in October 2018 – the team gained access to $25 million. However, the project's ICO was designed in such a way that 80% of the funding was blocked until the project reached certain development milestones. In November 2017, Blockstack held the first STX token sale (ICO), which raised $47.5 million from 800 accredited investors. The team started developing the Stacks 1.0 blockchain platform. In November 2014, the Blockstack team held a seed funding round, during which they managed to raise $1.3 million in investments. This idea was implemented in the blockchain platform designed to run smart contracts and decentralized applications. Such applications cannot store or modify user data or transfer it to third parties. This way, applications will only be able to access the data they need to function. Involved in the development of the Blockstack project, it subsequently released the Stacks platform.ĭevelopers sought to create a protocol for a decentralized parallel Internet, functioning independently of the main one Instead of storing all the necessary information on the servers of different applications (for example, using Google to store emails, and WhatsApp for messages), they suggested storing data locally, that is, on the user’s device. Industry experts believe that TMS Network (TMSN) is all set to dominate the crypto market, and revolutionize the world of cryptocurrencies.In 2013, two crypto enthusiasts founded the non-profit organization Blockstack PBC in New York. Investors are flocking to get their hands on TMS Network (TMSN) at its current price of $0.075. TMS Network (TMSN) has showcased an astounding growth of 1900%. With the progressing third stage of the presale, TMS Network (TMSN) has left its mark in the crypto market, having bagged close to $4.2 million. TMS Network (TMSN) had already become an investor favorite, with the first 2 stages of its presale ending on an impressive note. TMS Network (TMSN) has caught the attention of investors with its skyrocketing presale rally. TMS Network (TMSN) gets ahead of other cryptocurrencies with its impressive presale Further, as the transactions made on Stacks (STX) are hashed, and settled on the Bitcoin layer 1 blockchain, the price relationship between Stacks (STX) and Bitcoin can be better understood. As Stacks (STX) uses proof of transfer consensus along with its clarity language, it can read from the Bitcoin blockchain, providing it with complete knowledge regarding the state of Bitcoin. This correlation can be explained by the fact that Stacks (STX) is a Bitcoin layer for smart contracts. The bull rally showcased by Stacks (STX) demonstrates a correlation in the price movement of Bitcoin. Stacks (STX) is currently priced at $0.925732, with a 24-hour trading volume of $180,275,142. Over the past week, Stacks (STX) has experienced bullish momentum with an increase in its price by 5.21%. Stacks (STX) experiences an uptick as it shows a correlation with Bitcoin Currently, Dogecoin (DOGE) is priced at $0.081923, and has experienced a price decline of 3.85% in the past 24 hours. To the disappointment of Dogecoin (DOGE) investors, this rally was short-lived as the Twitter logo was changed back to the original, leading to a price drop in Dogecoin (DOGE). He shared the screenshot with the caption, “As promised.” While the reasons for the change in the logo remain unknown, it led to a bullish rally for Dogecoin (DOGE). The billionaire also took to Twitter to share an old screenshot, in which he is found to be engaging in banter with a fellow Twitter user about buying Twitter and changing its logo to a Doge. Dogecoin (DOGE) is on the decline since the Twitter logo reverted back to its original blue birdĮlon Musk, the Twitter CEO, caused a surge in the price of Dogecoin by changing the original Twitter logo of a blue bird to the DOGE meme face. Through this article, we aim to help you get the latest updates, be it the change in the Twitter logo that led to the uproar in the price of Dogecoin (DOGE), the correlation between Stacks (STX) and Bitcoin, or the tremendous growth shown by TMS Network (TMSN) in its presale. As it is a rapidly evolving and dynamic space, one might struggle to stay on top of things. People who hold an interest in the world of cryptocurrencies know that it is important to stay up-to-date on the latest news and updates in the market.
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