Building blocks for a better internet
Stacks is an open-source network of decentralized apps and smart contracts built on Bitcoin. Stacks unleashes Bitcoin’s full potential as a programmable base layer.
Apps built on Stacks inherit all of Bitcoin’s powers
They run their logic on the blockchain with smart contracts, are controlled by code instead of companies, and are accessible to anyone. This enables decentralized apps to do things that regular apps can’t.
Why Decentralization Matters ↗
By Chris Dixon, 2018
Once deployed on Stacks and settled on Bitcoin, code can’t be taken down. This is essential for critical internet infrastructure.
Data ownership
Decentralized apps don’t store user data on centralized servers. Instead, data is owned by the user and can be taken from app to app.
Open to anyone
Anyone with an internet connection can use or build Stacks apps. You don’t need anyone’s permission and you can’t be blocked from Stacks.
Decentralized apps are open and connected by default. This enables developers to build on top of each other’s apps and prevents users from getting locked in.
New business models
Tokens enable developers to monetize open-source protocols, incentivize contribution and come up with business models that weren’t possible before.
The best of Bitcoin
All Stacks transactions settle on the Bitcoin blockchain, making apps and transactions as secure as a Bitcoin transaction. Apps on Stacks can include Bitcoin-based logic.
Why Stacks is built on top of Bitcoin
Bitcoin has all the properties that decentralized apps and smart contracts need: the security, the settlement assurances, the capital, and the network effects.
Bitcoin’s settlement assurances
A transaction is impossible to reverse or change once it has settled on Bitcoin. These settlement assurances are critical to decentralized apps — you want to be certain that a smart contract and its transactions can’t be changed or taken down after the fact. Stacks settles all transactions on Bitcoin, enabling apps and smart contracts built on Stacks to inherit Bitcoin’s settlement assurances and security.
Bitcoin’s network effects
The world is converging on Bitcoin, and demand for use cases around Bitcoin is increasing. Instead of competing with Bitcoin’s underlying protocol, Stacks builds on and extends Bitcoin. This enables Stacks to grow with Bitcoin and leverage Bitcoin’s capital, security, and network.
An open network and community
Like Bitcoin, Stacks is a decentralized network. There’s no one company or person that controls it — people from all over the world contribute to Stacks.