Stratis (STRAT) Price – Current Live Value

Stratis (STRAT)

Stratis (STRAT) is a cryptocurrency and decentralized applications platform for institutional-level developers working with the C# and .NET protocols. It launched in 2016 as one of the most successful ICOs of the year and has seen rapid adoption by institutional-level clients, such as businesses and organizations. The platform allows users to develop private blockchains based on the underlying platform protocols that can then be used to create tools for the management of business and organizational operations. The platform also features a seamless connection to the Bitcoin blockchain, as well as a method for 'tumbling' digital currencies so as to hide their origins and provide them with a fresh address history.

The value of Stratis rose steadily after its ICO directly into the 2018 crypto boom where it saw a similar boom and bust pattern as most other coins. However, after the end of the 2018 crypto boom, the price of the cryptocurrency continued to decline steadily until it had reached similar lows to its ICO price. It is now a top 80 cryptocurrency by overall market cap.

As an institutional-level digital currency and decentralized applications platform, Stratus is competing with similar cryptocurrencies, such as Ethereum, to provide businesses and organization with a quick and efficient means of incorporating blockchain technology into their existing operations. Therefore, it uses a Proof of Stake (PoS) system to govern future developments intended to improve its overall functionality for all users.