Stratis

(STRAT) Price

$1.47 -0.02512 (-1.68%)

Stratis (STRAT) Price

STRAT - USD

$1.47
-0.02512 (-1.68%)
0.00022835 BTC (-1.19%) Real time data

Last trade

0.00300000 STRAT

hitbtc $0.004350

Market cap

$142,476,285

96,922,643 STRAT

Volume (24H)

$1,019,166

693,310 STRAT

Day's range

$1.41 - $1.52

0.00021903 BTC - 0.00023612 BTC

Open price (24H)

$1.50

52 weeks - low

$0.5200

52 weeks - high

$23.20

52 weeks - AVG volume

$17,829,743

Supply

98,982,883 STRAT

Max supply

Not available

Details

Type
Coin
Block
Mineable
Since
Aug 09, 2016
Algorithm
X13
Proof Type
PoW/PoS

What is Stratis?

Stratum (STRAT) platform is a Blockchain-based platform which simplifies the development, deployment, and management of Blockchain applications and solutions. The platform allows the creation of distinct, private Blockchains which third parties can launch and customize them to their needs. The platform is a Blockchain-as-a-service (BAAS) platform that helps business and corporations to integrate the Blockchain technology in any use across various industries.

History of Stratis

Stratis platform is a Proof-of-Stake system that was first developed by Chris Trew in 2015. STRAT, which is the token of the platform, was released in August 2016 through an ICO which raised a total of $544,000 in Bitcoin.

How Does Stratis work?

The platform offers a clear functioning Blockchain for enterprises and corporations by simplifying the development of Blockchain applications in C# language. It’s a platform designed to serve businesses and organizations of all sizes in creation and writing of smart contracts on new unique sidechains. The Stratis coin is required on the Stratum platform in order to create and develop these Blockchains and sidechains. Various industries are developing the technology including medical, financial, and the manufacturing industries.

The platform allows a means of tracking through the supply chain of industries, providing a transparent database of records in medical research and solving major problems in the financial technology industry such as identity theft, clearance and settlement management, hence boosting the trust of their customers.

Owning Stratis

The Stratis token (STRAT) is a Proof-of-stake (PoS) coin, so it is not mined like Proof-of-Work (PoW) coins. So you can earn coins on the coins you already have by enabling your wallet for staking. You first have to own the token and send the token to your Stratis wallet, then enable your wallet for staking. You have to ensure you are connected to the internet during the staking period on the Stratis wallet.

Benefits of Stratis

Non-disruptive sidechains

Stratisplatform allows the creation of a new chain from the primary chain (sidechain) without affecting the primary one. Smart contracts written on this platform have a unique sidechain. This allows companies writing smart contracts to avoid the risk of losing money in case the primary chain is compromised.

Proof-of-stake

Stratis is using Proof-of-stake protocol enabling holders of the token to earn more simply by holding the tokens. In this reward system, if you own 10% of the Stratistoken, you can mine 10% of the proof-of-stake block. This mitigates the problem associated with Bitcoin and other proof of work technology whereas more coins are mined, the transaction speed slows.

Price Analysis

The coin had an opening price of $0.0138 during the initial coin offering with a total of 39,420,289 tokens sold. The total tokens that will ever be in circulation is 98,671,624 STRAT. In December 2017, the total market capitalization was over $1 Billion.

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Latest Closing Price Open/Close in UTC time

Date Close Price Open price Volume (24H) Market Cap Day's range
Aug 20, 2018 $1.41 $1.53 $917,769 650,900 STRAT $138,214,233 $1.41 $1.54 $1.41
Aug 19, 2018 $1.53 $1.47 $1,139,360 743,826 STRAT $148,704,037 $1.43 $1.53 $1.53
Aug 18, 2018 $1.47 $1.56 $1,882,406 1,280,451 STRAT $141,331,742 $1.39 $1.62 $1.47
Aug 17, 2018 $1.56 $1.43 $3,539,712 2,266,940 STRAT $153,795,432 $1.43 $1.65 $1.56
Aug 16, 2018 $1.43 $1.45 $1,879,144 1,317,097 STRAT $131,819,892 $1.32 $1.51 $1.43
Aug 15, 2018 $1.45 $1.33 $1,718,746 1,188,500 STRAT $127,323,175 $1.33 $1.70 $1.45
Aug 14, 2018 $1.33 $1.49 $5,338,682 4,004,987 STRAT $124,893,281 $1.16 $1.49 $1.33
More Stratis Historical Data

Stratis Exchanges

Exchange Pairs Price Open price Range (24H) Volume (24H) Change Updated
HitBTC STRAT/USD $1.47 $1.49 $1.52
$1.41
$4
2 STRAT
-1.34%
$-0.02000
Recently
LiveCoin STRAT/USD $1.63 $1.63 $1.63
$1.57
$0
0 STRAT
+0.01776%
$0.0002900
Recently
More Stratis Exchanges