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About Stratos

Stratos is a decentralized data mechanism designed to provide scalable, self-balanced, and reliable storage, database, and computation network. The platform works toward building a solid foundation for data processing. The Stratos ecosystem utilizes the Proof-of-Traffic (PoT) algorithm for rewarding the network participants and contributors. PoT refers to an algorithm for calculating the approximate resources (storage, computing, traffic) usage by taking a reference from actual traffic used by the user.

Next, Stratos has its own blockchain that also helps measure the usage of computing resources. For doing this, the platform utilizes a Practical Byzantine Fault-Tolerant (PBFT) consensus mechanism. BFT implies a computing system’s ability to continue working even if some of the nodes act maliciously or fail. PBFT is designed to solve the existing problems of BFT. In addition, the PBFT consensus mechanism enables the integration of PoT to provide the network users with settlement and related financial payment services in a fair, efficient, and transparent manner.

According to its whitepaper, Stratos functions as a decentralized data mesh for blockchain and introduces the next generation of decentralized computing services, a type of decentralized computing service capable of serving Dapp and allowing smart contract developers to use decentralized mechanism to deploy, execute, and store their data and code. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.

The next generation of decentralized data mesh concludes of these following features:

Bin Zhu is the founder of the Stratos ecosystem, and Jin Zuo holds the position of CTO in the company. The platform launched its whitepaper in 2021.

The maximum supply for the STOS token is 100,000,000.

Market

Canada Market Stats

Market cap

CA$39.8M

Volume (24h)

CA$425,043.12

Circulating supply

38.8M STOS

All time high

CA$6.00

Price change (1h)

-0.31%

Price change (24h)

-8.96%

Price change (7d)

-22.47%

Canada News about Stratos

Unchained • Apr 30, 24

A16z Makes $90 Million Private Purchase of Optimism’s OP Token

Prominent venture capital firm a16z has snapped up about $90 million of Optimism’s native OP token, according to two sources familiar with the matter, marking the latest institutional bet on the Ethereum Layer 2.  The investment, said to be executed under a two-year vesting period, follows a flur...

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Decrypt • Apr 30, 24

Hong Kong's Bitcoin and Ethereum ETFs a 'Message From China': OSL CEO

After the first day of trading, the CEO of sub-custodian OSL reflects on what the Hong Kong Bitcoin and Ethereum ETFs rollout really means.

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The Block • Apr 30, 24

Prospective stablecoin bill unlikely to be attached to upcoming FAA reauthorization: Democratic aide

A prospective stablecoin bill will likely not be included in the upcoming must-pass FAA bill as lawmakers try to get the bill passed.

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The Block • Apr 30, 24

Read the Runes: Bitcoin’s market cap to transaction fee ratio briefly falls below Ethereum’s

Earlier this month, the moving average of Bitcoin’s ratio was 2,400 compared to just 118.33 for Ethereum, but on April 25, Bitcoin’s ratio had fallen down to 220.77, lower than Ethereum’s 227.12.

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BeInCrypto • Apr 30, 24

Vitalik Buterin Reveals Cryptographic Proofs That Are Fast and Easy to Verify

Vitalik Buterin introduces new cryptographic methods, Plonky2 and Binius, utilizing smaller and binary fields to significantly speed up blockchain proof verifications.The post Vitalik Buterin Reveals Cryptographic Proofs That Are Fast and Easy to Verify appeared first on BeInCrypto.

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The Block • Apr 30, 24

BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund hits $375 million AUM

BlackRock's BUIDL hit $375 million assets under management, beating out Franklin Templeton's on-chain mutual fund FOBXX by nearly $7 million.

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Stratos is on the decline this week.

The price of Stratos has decreased by 0.31% in the last hour and decreased by 8.96% in the past 24 hours. Stratos’s price has also fallen by 22.47% in the past week. The current price is CA$1.02 per STOS with a 24-hour trading volume of CA$425.04K. Currently, Stratos is valued at 82.91% below its all time high of CA$6.00. This all-time high was the highest price paid for Stratos since its launch.

The current circulating supply of Stratos is 38,800,874 STOS which means that Stratos has as total market cap of 38,800,874.

FAQ

What is the current price of Stratos?

We update our Stratos to CAD currency in real-time. Get the live price of Stratos on Coinbase.

What is the market cap of Stratos?

The current market cap of Stratos is CA$39.76M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Stratos?

The all-time high of Stratos is CA$6.00. This all-time high is highest price paid for Stratos since it was launched.

What is the 24 hour trading volume of Stratos?

Over the last 24 hours, the trading volume of Stratos is CA$425.04K.

What other assets are similar to Stratos?

Assets that have a similar market cap to Stratos include Dione Protocol, Boba Network, Toshi, and many others. To see a full list, see our comparable market cap assets.

How many Stratos are there?

The current circulating supply of Stratos is 39 million.

Can I buy Stratos on Coinbase?

Yes, Stratos is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Stratos guide.