Block Time has been successfully reduced to 45 Seconds, thus providing a higher Transactions Per Second and a decrease in time for transaction validation. Please note: Token Swaps made after the initial Token Swap window will be based upon a snapshot taken at 9AM on the 12th of November 2020. i.e. These projects will be hand-picked and targeted by the Stratis Foundation, assisted by Stratis Consultancy to ensure the seamless transition to the Stratis Platform, as proven with prior engagements. As always, we would like to thank our community for their continued support. Get live charts for STRAX to USD. I have tried to delete the peer file in %appdata% but that hasn't worked. We envisage that the vast majority will indeed be in favour of the proposed changes to token supply inherent with the creation of the STRAX Blockchain. Convert Stratis (STRAX) to US Dollar (USD). The block reward has been altered, so each mainnet block produced provides a reward of 18 STRAX, thus adjusting the annual inflation rate from 0.5% to just over 10%. The Stratis Platform has seen us deliver many functional products, ranging from wallets that incorporated innovative and truly trustless privatization features, to packaged solutions for businesses. The former Startis blockchain doesn't work correctly anymore due to a lack of miners on the blockchain. The introduction of such projects on the Cirrus Sidechain will fuel the network, creating opportunities for masternode operators through the utilization of on-chain solutions developed by Stratis, such as; Stratis IdentityTrust. The existing development of a blockchain development platform, built from the ground-up on the .NET Core Framework enables flexibility and allows us to develop in an agile manner without barriers, blocking development. For clarity, please refer to the below example. STRAX Giveaway. EN . When is the STRAX swap window? We have delisted the all the pairs of STRAT on 12 November, 1.30 PM (IST). Stratis (STRAT) will be swapping to a new token and updating the token ticker to STRAX. This whole thing seems strange to me as I had imagined the two tokens would be somehow pegged to each other. Thanks to the successful implantation and activation of SegWit on the STRAX Blockchain, we are now able to incorporate what we refer to as ‘System Contracts’ on the STRAX Blockchain. Hello, as I informed you in first post Strax can be the new and improved STRAT token. By completing a Token Swap and creating a new blockchain, multiple improvements and feature additions can be achieved without fear of maintaining a heterogeneous network and introducing multiple forks and votes. Step 3: Managing Your Crypto Assets in a Secure Wallet. The Network Incentivization allocation will be utilized to encourage the growth of the public blockchain offerings, primarily through providing bounties and funding hackathon prize pools. For example, where it would previously only be possible to store a single transaction ID or block hash, it is now possible to store two. A transaction is created for every address that holds a balance greater than 1 STRAT Token within the wallet. Through feedback received from the development community and through our efforts to increase adoption rates of our Stratis Smart Contracts solution, the STRAX Blockchain will offer a reduced time-window for performing cross-chain transfers. If the vote who ends on 9th OCT is going to be YES from block 1 we will have a lot of new Blockchain Enhancements. I run the CMD twice (after having opened the Strat app on Ledger device) but nothing happens - no prompt to "confirm the message signing on the device". Out Now Our Q1 2021 Crypto Report is fresh off the press! The STRAX Mainnet is not operational until the 12th of November 2020. A team will be constructed with a sole focus on developing decentralized finance solutions, deployable on Stratis Technologies such as the Cirrus Sidechain. Dynamic membership also provides the ability for new block producers to join the federation, further increasing the levels of decentralization and security of the Cirrus Sidechain. Efforts have been made to introduce such features; however, those actions are reliant upon the Stratis Blockchain being maintained by the Stratis Full Node, and not the legacy staking wallet. Atomars opened the trading service for the … A high-level summary of the process can be found below. Two documents have been created to support STRAT Token Holders in performing the Token Swap. Stratis Core 2.2.1 is now available and can be used to cast your vote in, binaries for all major operating systems can be found below. Read it first and understand the state of cryptocurrency in the first quarter of 2021 - from the rise of NFT to $2 trillion crypto market cap and much more! Atomars supported the STRATIS Platform token swap from STRAT to STRAX and completed the STRAX token swap automatically for all STRAT holders. The simple steps can be found here: https://www.stratisplatform.com/2020/10/15/strax-token-swap/. The ‘Raw transaction’ you will see that the exact amount of STRAT is added as the value on the vote of an OP_RETURN script. This vote will determine whether the detailed approach will be supported and ultimately executed to allow the further growth of the token and associated Stratis Platform and technologies. Voting is made simple by the introduction of new Voting functionality within the latest wallet. More details, including how to participate, will be revealed next week. We understand and appreciate that it would be unfair to dictate such changes to the tokenomics and overall token supply without the support of those who have made the current developments possible, the token holders. No, the tokens on cirrus can be swapped from Cirrus to STRAX once the STRAX blockchain is live. Convert Stratis (STRAX) to Indian Rupee (INR). Stratis is a powerful and flexible Blockchain Development Platform designed for the needs of the real world financial services businesses and other organisations that want to develop, test and deploy apps on the blockchain. A snapshot of STRAT balances will be captured at 7am UTC on 12 November 2020 and STRAX tokens will be distributed to all eligible users at a ratio of 1 STRAT = 1 STRAX. To migrate your STRAT tokens to STRAX tokens, you may follow the instructions detailed here. At the close of the voting period, all on-chain addresses will be scanned within the defined voting window, balances of addresses voting in favour will be totalled and compared to those voting in opposition. Convert Stratis (STRAX) to US Dollar (USD). The Foundation allocation relates to tokens that will be utilized to fund the continued development of the Stratis Platform and contribute towards future business development to accelerate the growth of the platform. Can I still stake STRAT till the last day of he swap first participation windows? In parallel to the STRAX Blockchain launch, additional rules will be introduced on the Cirrus Sidechain. The Strax Swap window is from the 15th of October 2020 until the 12th of November 2020 at 9 AM GMT. The activation of Cold-Staking provides holders of the STRAX Token the ability to obtain through ‘Staking’ STRAX Tokens that are held within an offline wallet, such as a Ledger Nano. Each vote will be weighted with a value equal to the balance of the respective voting wallet, to ensure a fair vote and discourage malicious voting. I am struggling to convert from my coinomi to Strax. Stratis stayed true to their promise of developing a Blockchain Development Platform on the .NET Core Framework in C#, known as the Stratis Platform. Coin Swap. This expands the potential utility for such transactions on the STRAX Blockchain, as it will be simpler for nodes to get their transactions propagated when the additional space is required. Go back to COINBASE and transfer/exchange your Bitcoin/Ethereum. Through existing research and development, a wealth of internal knowledge and more importantly, blockchain expertise, Stratis is geared to flourish in the Blockchain 4.0 landscape. Since the inception of the Stratis Token and the Stratis Blockchain, there have been several innovative developments that have come out of Stratis’ Research and Development team(s). This development introduced several innovative products and features that can only be supported if the newly developed Stratis Full Node maintains the network. The additional 9 STRAX are sent to the CIRRUS Sidechain and distributed to all block producing Masternodes. A focus on the digital transformation of traditional finance will pave the way to introducing new services on the Stratis Platform. This change is necessary to increase the levels of distributed staking weight on the blockchain. It must be noted that Cold Staking will be activated once the STRAX Mainnet is live. English Deutsch Español Français Italiano język polski Limba … A high-level overview of the process can be found below. Of the 18 STRAX block reward, 9 STRAX is retained by the block producer. Digital media & communications with Digital MediaPRO. I still haven't converted from STRAT to STRAX. Language. However, these STRAX Tokens will not be employed immediately; instead, they will be issued over five years. The Enterprise Incentivization allocation is reserved incentivize enterprises and beneficial third-parties to utilize applications deployed on the Stratis Platform. A high-level overview of the most notable enhancements can be found below. to receive a token on a sidechain that can be used to execute smart contracts; as collateral to operate masternodes via the Stratis Platform which can result in Subscribers receiving fees; to purchase customizable private sidechains (developed by Stratis) that are connected to the Stratis Blockchain (these can be used by the Subscriber to run their own initial coin offering or security token offering), subscribe to ICOs and security token offerings that are run by certain third parties using the Stratis Platform; and. STRAX Tokens that remain unclaimed will be irreversibly destroyed on the 16th of October 2021. Sandude. StakeCube Platform; StakeCubeCoin; StakeCubeCoin Chain-Stats; Info Sites. The STRAX Blockchain will initially only support interconnectivity between other instances of the Stratis Full Node. The introduction of decentralized, secure and reliable Oracle Service will provide a collection of ever-growing external data points that can be used to build applications for any use-case. These tokens will be employed to encourage the migration of mature and established projects deployed on alternate platforms. First round of the Strax Swap window is from the 15th of October 2020 until the 12th of November 2020 at 9 AM GMT. An innovative internal team complements this community with Stratis’ business development, engaging with over 50 company executives to understand the challenges and pitfalls with successfully integrating blockchain technology through digital transformation. 3 weeks ago. It has a circulating supply of 100 Million STRAX coins and a max supply of 128 Million. This provides additional security and has the potential to increase levels of decentralization through more security conscious holders participating in securing the network through staking. … In addition, we will be supporting the Stratis Swap project by including support to enable decentralized exchanges of tokens from within our mobile application. To ensure consistent block production and block timings on the Cirrus Sidechain, online federation members must remain online. We will be removing support of any other staking nodes, such as the legacy Stratis Token Node and Stratis QT Nodes. This alteration to the block reward, coupled with the sidechain incentivization provides a necessary revamp to the Stratis tokenomic design. The current Token Swap progress can viewed by running the Extraction Tool: https://github.com/stratisproject/StratisFullNode/blob/master/src/SwapExtractionTool/README.md, https://chainz.cryptoid.info/strat/tx.dws?f38158dd941882ee9d9bf70c19e52a9f36bcf74b6e1a354c664bb327f0ffcf54.htm. To cast your vote and have an impact on the proposed actions, you must vote within this timeframe, votes made past this date will be not counted in the final vote outcome. I have a lot of STRAT and didn't know it was switching to STRAX. As a part of the transition, 25 million STRAX was newly minted, of which 8.125 million STRAX was reserved for the Stratis Foundation, 6.375 million STRAX for network incentivization, 5.5 million STRAX for enterprise incentivization, and 5 million for the Stratis DAO. Usage of SegWit provides several benefits to the STRAX network. Subscribers (and current holders of STRAX) are able therefore to use STRAX: to receive a token on a sidechain that can be used to execute smart contracts; STRAX Token Swap Process As the initial Token Swap window has now come to a close, as highlighted in our original announcement, Stratis can now only be exchanged via a new Token Swap process. Trading will be opened for the following new pairs of STRAX on 18 November, 9.00 AM (IST). This will be announced by the respective Exchanges who support the Token Swap. Now I have a lot of money lost in STRAT and they are not there to help me. The new functionality enables anyone meeting the defined collateral requirement to create a vote requesting their unique mining key be added to the federation. To attract audiences from different development backgrounds, an SDK will be provided to facilitate developers building solutions on top of Stratis Technologies. Yes, but you will require to swap from STRAT to STRAX before the 12th of November 2020 at 9 AM GMT to be eligible to receive STRAX from day one. This enables us to incorporate logic that is validated autonomously by the network, much like Smart Contracts, but only a strict set of System Contracts will be deployed; subject to a majority signal. As we move forward, advancing development tools and surrounding libraries will become a significant focus, enhancing the developer experience when deploying on the Stratis Platform. These changes increase Staking Rewards for those staking the STRAX Token to over 150%, as an example, those currently receiving 1 STRAT Staking reward per day, will now receive, on average, 13 STRAX, per-day; based upon current staking weights on the Stratis Blockchain. Get live charts for STRAX to INR. The Stratis Mobile Wallet will be extended to offer Cirrus Sidechain support, enabling users to keep track of SRC20 Tokens and SRC721 Assets on their mobile device. Segregated Witness (SegWit) will be activated on the STRAX network by default. Stratis I think it's not a serious community at all and so far with this token name change I've been fooled like I've been ripped off. The STRAX Token Swap Voting window will be from NOW until the block closest to 17:00 GMT 9th October 2020. To be eligible to receive STRAX Tokens on day one you will require to perform the token swap during this period. These optimizations range from introducing a revised tokenomic model to technical enhancements that provide increased on-chain security with the potential to increase levels of decentralization further. Existing Masternode operators will retain their current collateral requirements; however, if you are removed from the federation due to missing mining slots, your historic collateral requirement cannot be honoured. The Stratis IoT SDK will contain libraries that simplify building applications interacting with Stratis Technologies to manage devices and security—providing an ability to interconnect IoT devices to Stratis Blockchain Technology through an ultra-lightweight client. Step 1. Copyright © 2021 Stratis Group Ltd. All rights reserved. 1 STRAT can be swapped for 1 STRAX. Wallet Update: DOGEC 5.2.3.0. Learn more Marketing Mix. Copyright © 2021 Stratis Group Ltd. All rights reserved. Such a change has seen drastic improvements to synchronization times whilst also bringing a reduction in memory consumption and disk space usage across all nodes. Here's the video with swapping your STRAT to STRAX! Iain McCain, https://www.stratisplatform.com/2020/10/15/strax-token-swap/, https://github.com/stratisproject/StratisFullNode/blob/master/src/SwapExtractionTool/README.md. In addition to technological advances achieved through design and development practices, there are also crucial changes to the ecosystem and tokenomics of the blockchain. The development and integration of features such as confidential data handling and channel management are crucial when providing a platform for real-world businesses.

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