Price
$0.67
12/3/2022, 5:31:36 AM
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Stratos can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$13.4M

Volume (24h)

$358,639.92

Circulating supply

20.2M STOS

All time high

$5.50

Price change (1h)

-0.63%

Price change (24h)

-5.36%

Price change (7d)

-25.93%

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Stratos is on the decline this week.

The price of Stratos has fallen by 25.93% in the past 7 days. The price declined by 5.36% in the last 24 hours. In just the past hour, the price shrunk by 0.63%. The current price is $0.67 per STOS. Stratos is 87.89% below the all time high of $5.50.

The current circulating supply is 20,152,152.962 STOS.

About

What Is Stratos (STOS)?

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:

  • Storage: The decentralized storage network of Stratos is driven by data traffic. The network users have the full flexibility to store any size or type of data.

  • Database: The Stratos database is a scalable, non-maintenance, and no single-point failure database. In addition, the Stratos blockchain is immutable, meaning that it can power data aggregation for multiple blockchain projects.

  • Computing: Stratos’ decentralized computing network is a perfect example of edge computing. It provides low latency and a trusted execution environment for its users.

  • Blockchain: Stratos’ blockchain handles all decentralized ledger transactions and is responsible for the value circulation of the Stratos ecosystem. The token ticker for Stratos is STOS, and it is the native currency of the platform. STOS is used to leverage the Stratos modules, including Stratos Decentralized Storage (SDS).

History of Stratos (STOS)

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.

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FAQ

What is the current price of Stratos?

The price of 1 Stratos currently costs $0.67.

What is the market cap of Stratos?

The current market cap of Stratos is $13.42M. 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 $5.50. 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 $358.64K.

What other assets are similar to Stratos?

Assets that have a similar market cap to Stratos include Argentine Football Association Fan Token, Metronome, Drep [new], 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 20 million.