Does Stratis (STRAT) Have Firm Foundations?

Digital tokens are coming thick and fast and at the rate of introduction it is becoming harder for new tokens to stand out. But no so Stratis (STRAT); from the start this token has shown the potential to grow and become one of the more recognized and stable digital currencies in the ever-evolving blockchain ecosystem.

But what helps define STRAT and what it offers potentially to users of digital currencies? The ethos of STRAT and its developers is a good clue to discovering what the platform is about. The token was developed with the aim of helping other developers express their identity on the blockchain. This ethos has developed on the principles of simplicity and affordability, two things that has scarcely been a part of digital currency development in STRATrecent years. As the blockchain has become more and more accessible, costs, instead of being driven down, have started to trend higher. The developers of STRAT have made it there expressed mission to help maintain the open integrity of the universal blockchain.

STRAT allows developers to work on end-to-end solutions in a secure testing and deployment environment. That environment is a robust native C# infrastructure; this allows the rollout of applications on the .net framework. This native development using tried and tested programming languages that developed years before the blockchain was even a concept. This marrying of old to new is a true move towards harmonizing technologies and STRAT sits at the intersection of this movement.

Enterprise developers have a plethora of development tools that allow for the full-scale creation of mass-use applications. The full-service capabilities available in the enterprise area provided by STRAT encompasses a three-stage system. The first stage is development. Here enterprise developers can tap the development platform provided by Stratis, all in a secure programming environment. The second stage of the system involves the testing of developed applications. This testing is done in a secure cloud environment, allowing also for the provisioning of nodes belonging to other digital currency platforms. The most notable node provisioning interactions involve Ethereum, Bitshares and of course, Bitcoin.

Once testing is exhausted and bugs are ironed out, developers can then move to deployment. This is done in Stratis’ cloud environment and helps with the smooth rollout of bespoke, blockchain based applications.

But STRAT is more than just a platform. Developers of the platform have also deployed a proof-of-stake (POS) cryptocurrency with limited emission STRATand low inflation. The token has developed into a very credible player in the digital currency trading and investing space. Proof of this can be seen in the number of exchanges that currently allow for the trading in the STRAT token. Traders and investors can tap into the potential of STRAT on the Poloniex exchange, Bittrex and Bittylicious. One of the things that appears to have given traders and investors the confidence to put some belief in the token is the strong emphasis on security that is placed in the token by developers. STRAT has deployed with the proven security consensus of the world’s biggest cryptocurrency, Bitcoin. Developers have also augmented this security consensus with the latest security and proof-of-efficiency frameworks existing in the blockchain ecosystem.

So far the trader and investor take-up of STRAT has been stable and consistent. Currently the token is trading for around $3.24 having reached a 7-day high of $4.41. Over the last 30 days the token has reached a high of $6.26. More importantly, though, market cap for the token has surpassed the $300M mark and currently suits at around $320M. The token is doing around $4.89 in trading volume measured over 24 hours.

 

Please follow and like us:

Leave a Reply

Your email address will not be published. Required fields are marked *

*