Stacks is a separate layer on top of Bitcoin, that allows for faster transactions and smart contract functionality without altering Bitcoin’s fundamental design.
The PoX (Proof of Transfer) contract is a core component of the Stacks blockchain, defining its unique consensus mechanism that connects it to the Bitcoin network. Essentially, it’s a smart contract written in Clarity (Stacks’ smart contract language) that governs how Stacks miners commit Bitcoin (BTC) to participate in the process of creating new Stacks blocks and how Stacks (STX) token holders, known as “Stackers,” can lock up their STX to earn a portion of that committed BTC as a reward. This process allows the Stacks blockchain to leverage Bitcoin’s security and finality for its own transactions without modifying Bitcoin itself, creating a symbiotic relationship where Stacks extends Bitcoin’s functionality with smart contracts and decentralized applications.
Scroll to see the summary of our findings.
Stacks PoX Audit Report Findings
Validated Expertise
Trusted by the most innovative protocols
