Stratos is an innovative distributed infrastructure network that provides all the necessary resources for blockchain developers to securely deploy, store, and execute their code and data. It is a decentralized platform featuring three-in-one services such as computation, storage, and network traffic.
Simply put, Stratos equips developers with the tools to build applications that are highly resistant to tampering, manipulation, and other malicious activities.With its ability to scale quickly and securely, it has become an ideal choice for businesses looking to build a secure blockchain-based application.
The aim of Stratos is to build a vibrant distributed network ecosystem where infrastructure providers, middleware developers, and Dapp developers can collaborate together to develop credible and reliable applications at low cost.
Stratos has also been designed to be highly secure and reliable. It uses multiple layers of authentication, encryption, and digital signatures to ensure the security of user data. Also, all transactions are verified using a consensus algorithm called Byzantine Fault Tolerance (BFT). This ensures that only valid transactions are accepted on the network.
Let’s dive in and discover more about Stratos.
Who are the founders of Stratos (STOS)?
Stratos was founded by Bin Zhu in 2021, with Jin Zuo joining the team as CTO soon after. With solid backgrounds in distributed systems, data infrastructure, and blockchain development, they have been working to develop a reliable platform that offers all the necessary resources for developers to create secure applications on a decentralized network.
Other notable members of the team include Alex Lan Stratos’ VP of research and management, and Claire Zhang, head of marketing and communications. The team is passionate about creating a secure, efficient, and cost-effective environment for users to develop decentralized applications on the Stratos network.
What is Stratos (STOS) used for?
Stratus provides the following to its users:
Computation
The Stratos network uses a unique consensus algorithm called Proof-of-Capacity. This algorithm ensures the security of the network by leveraging idle computing resources from participants in the network. Unlike traditional Proof-of-Work (PoW) algorithms that require intense computational calculations, Proof-of-Capacity allows participants to prove their commitment to the network by demonstrating that they have allocated a certain amount of storage space. This makes the network more energy-efficient and resistant to malicious attacks, as it doesn’t require continuous high-powered computations.
Storage
Stratos offers developers a secure and reliable way to store their data on the blockchain. It accomplishes this through a built-in distributed file system. This system enables developers to save and access their data in a decentralized manner. Instead of relying on a single centralized server, the data is stored across multiple nodes in the network. This not only enhances data security but also reduces the risk of data loss or tampering.
Network Traffic
Developers can use Stratos to create decentralized applications (dApps) that interact with other nodes in the network. Stratos provides network traffic services that facilitate communication between different parts of a dApp. This is crucial for building applications that require peer-to-peer interactions, data sharing, and real-time updates. By offering these network services, Stratos simplifies the process of developing decentralized applications that can function efficiently and reliably within a distributed network environment.
How is Stratos (STOS) unique?
Stratus allows developers to fully focus on the product business logic without worrying about the underlying infrastructure, making development and operations more effective and reducing development time.
It also provides a unique, low-latency communication layer that ensures reliable information sharing between nodes on the network. In other words, developer nodes can share information with each other on the network.
The consensus algorithm used in the stratus’ network is called Practical Byzantine Fault-Tolerant (PBFT) which integrates with the network Proof-of-Traffic consensus algorithm deeply, providing settlement services and related financial payment services for network providers and network users in an efficient, fair, and transparent manner. The PBFT algorithm ensures that transactions are quickly and securely verified, without the need for a central authority or third-party validator. This reduces processing time and speeds up transaction settlement.
Finally, Stratos also provides flexible pricing options that can be tailored to the specific needs of each user, enabling them to scale their applications without incurring additional costs.
How many Stratus (STOS) coins are in circulation?
Stratus has a market capitalization of $12,827,770 USD, with a circulating supply of 20,152,153 STOS coins out of a maximum supply of 100,000,000 STOS coins.
How is the Stratus Network secured?
The Stratus Network is secured using a combination of strong encryption, digital signatures, and multi-factor authentication. The network also utilizes a consensus algorithm called Practical Byzantine Fault Tolerance (PBFT) which helps verify and validate transactions on the blockchain. PBFT ensures that only valid transactions are accepted into the ledger, while malicious or erroneous transactions are rejected. This makes the Stratus Network incredibly secure and reliable.
In addition to PBFT, Stratos also employs other security measures such as DDoS prevention systems, data encryption, and smart contract auditing. These additional measures ensure that user data is safe from malicious attacks while providing users with a secure environment in which to develop their applications.
How do I buy Stratus (STOS)?
The STOS token can be used for a wide range of purposes, like staking and governance.
STOS tokens can be easily purchased by following the following steps.
Open an account with the crypto trading platform.
* Transfer the specific amount of your fiat currency to your account.
* Wait for your deposit to be confirmed and buy STOS through your trading account by swapping with BTC, ETH, or USDT pairs.
Which Cryptocurrency Wallet Supports Stratus (STOS)?
The PTPWallet platform supports many cryptocurrencies, with STOS soon to be included. Because of its vast use case, PTPWallet has grown to become one of the most used platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. The platform offers a simple user interface, is supported by both Android and iOS devices, and comes with its own mobile wallet app.
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