Statris and its Future! Taking a DEEP look!steemCreated with Sketch.

in #cryptocurrency7 years ago (edited)

a lot of you have probably heard of Stratis and know that it is a rising cryptocurrency.
First of all, I will go more in-depth about Stratis technology and at the end talk about if it is worth investing.
A lot of people like to call Stratis a Mix of Ethereum & Bitcoin because it gives you an easy access to Blockchain as a Service BaaS.
We will talk about what this means later.

Stratis started with a successful ICO with almost 1000 BTC raised from more than 500 participants.
Startis doesn´t support mining and is like the owners like to call it a platform and not a coin.
In case someone is interested in the ICO price per Stratis, it is 1128 Satoshi (0.01128 mBTC) which is ca 85x since then vs now.
If you look at Stratis wealth distribution you can see
statis weleath.PNG
That at this date the top 10 wallets are owning 25% percent.You can not compare this with Dash but I have been looking at Statris for about 2 months and am seeing the percentage going down a lot which is causing for more decentralization.

Now I will go very in depth with Stratis technology.
(It gets complicated at some parts, so if you don´t want to read it feel free to skip it.)
Stratis offers simple and affordable end-to-end solutions for development. Testing and deployment happen on a native C# blockchain that makes use of applications of the .Net framework possible.C# (pronounced C sharp) is a high-level programming language that allows the developers to build .NET applications (.NET is a Microsoft development framework).
Unfortunately Bitcoin was written in C++ - an older programming language. Whilst C++ development was commonplace once, the last ten years have seen an enormous shift to C# based software development in industry. But Ethereum, for example, uses Solidity.
Stratis has advanced Blockchain technology like TumbleBit making every transaction totally anonymous. Sidechains are also possible (on Ethereum everything is on the main chain - bloats it up!)and it is SegWit ready

Statis is NOT mineable - (proof of stake) with preferences ->You can set the reserved amount of STRAT which does not participate in staking and is therefore spendable at any time.Blocks are solved every minute and reward is 1 strat, but I've noticed for sometimes it's 1.10 strat (I'm guessing some transaction fees?). The person to mine (or forge) the block is picked at random from all the coins staking. The chance of getting picked is based on the amount which means the more coins give a higher chance. Someone posted here before saying that with 100,000 Strat they made 3 strat per day. You can do the maths yourself given the number of coins currently staked and the number of blocks per day.
250,000 Stratis requirement for the master node - they want max. 20 nodes for Tumblebit anonymity

The Business model: Stratis Group makes money by charging a subscription to customers using the platform and also via Stratis Group consultancy services. The platform includes features such as Cloud hosting, BaaS, as well as access to the Stratis SDK. Existing Use CASES - build dApps
-Medical Research: Transparency of scientific publications
-Provenance: Product tracking and verification
-Internet of Things: Data recording and management
-Fintech: Identity management
-Work together with Microsoft .NET (plus point for Investing)

Invest?
If you are planning on Invest, Statris is a good Option but start with small amounts and look at the website etc.
I personally own about 141 Statris!

The Startis Team: https://stratisplatform.com/team/
Chris Trew - Tech person from Europe
Nicolas Dorier - known from the Bitcoin community
Markets:
Stratis Markets.PNG
Sources:

[German]
https://stratisplatform.com//
If you have any questions, please ask them and upvote and resteem!

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