Dec 3, 2021 · Stacks enables smart contracts and apps on Bitcoin. It enables a function called “Stacking“, which earns BTC when you lock STX in the protocol. CityCoins leverage a similar Stacking function to enable CityCoin holders to Stack their CityCoins to earn STX, which can be further Stacked to earn BTC.
Welcome, we're glad you found us! CityCoins are powered by Stacks, a blockchain that enables smart contracts on the Bitcoin network.. CityCoins have four main features: Activation, Mining, Stacking, and Programming.
Participants in the CityCoins ecosystem who are not miners can still take part through the process of Stacking. Stacking is a unique mechanism within the Stacks ecosystem that lets token holders temporarily lock up their coins within the CityCoins smart contract in exchange for crypto rewards.
What can MiamiCoin holders do with their coins? Anyone can mine MiamiCoin, program MiamiCoin via smart contracts, and even earn BTC from the protocol as it gets more usage.
CityCoin miners spend STX while competing to earn the CityCoin block reward, which is defined by the token emissions schedule and begins at 250,000 CityCoins per block.
Learn more about how to mine, stack, and support the Magic City while earning Bitcoin in your sleep. MiamiCoin is the first CityCoin to market, built to support the City of Miami while rewarding its holders through the Stacks Protocol.
An overview of the stacking component of the CityCoins protocol. Anyone can Stack CityCoins by locking them in a CityCoins smart contract for selected reward cycles and receive a portion of the remaining 70% of the STX sent by CityCoins miners.