Category

Announcement

Simplifying Staking: Announcing the Stratis Launcher Beta

Stratis is thrilled to announce the beta release of its new simplified staking solution. Since the launch of Stratis’s EVM-based blockchain, they have utilized the standard validator setup offered by Ethereum’s launchpad; it is acknowledged that the process can be daunting for non-technical users. The goal at Stratis was to make staking accessible to everyone, and with the introduction of the Stratis Launcher (Stereum Node Launcher) and Wagyu Keygen GUI, Stratis is taking a significant step towards achieving that.

Making Staking Accessible

Staking is a vital part of maintaining and securing the Stratis blockchain network. By participating in staking, validators help validate transactions and contribute to the decentralization of the network. However, the traditional validator setup process can be complex and intimidating, requiring technical knowledge and experience.

To address this, Stratis has integrated two tools into its staking solution: the Stratis Launcher and the Wagyu Keygen GUI. These tools are designed to streamline the staking process, making it more user-friendly and accessible to everyone, regardless of their technical background.

Simplifying the Launchpad

The launchpad can be intimidating for those new to the blockchain space; Stratis has made significant changes to ease newcomers by simplifying the process and providing clear instructions for those unfamiliar with blockchain concepts and staking in general.

Introducing the Stratis Launcher

The Stratis Launcher simplifies the process of setting up and managing a validator node. With its intuitive interface, users can easily deploy and configure their validator nodes without needing to understand the intricacies of node management. The Stratis Launcher handles all the technical details, allowing users to focus on what matters most – participating in staking and earning rewards.

Key features of the Stratis Launcher include:

  • One-Click Deployment: Set up a validator node with a few clicks.
  • Automated Updates: Keep the node updated with the latest software and security patches.
  • User-Friendly Interface: Manage the node with an intuitive and easy-to-navigate interface.
  • Consistency: Deployment remains consistent through the use of Docker containers.

Simplified Key Management with Wagyu Keygen GUI

Key management is another critical aspect of staking that can be challenging for non-technical users. The Wagyu Keygen GUI addresses this by providing a straightforward and secure way to generate and manage validator keys. With the Wagyu Keygen GUI, users can create their validator keys with ease and confidence, ensuring that their assets remain secure.

Key features of the Wagyu Keygen GUI include:

  • Secure Key Generation: Generate staking keys with industry-standard security practices.
  • Easy Backup and Recovery: Safeguard keys with simple backup and recovery options.
  • Intuitive Design: Navigate the key generation process with a clear and user-friendly interface.

Enhancing Decentralization

By simplifying the staking process, Stratis aims to increase participation and contribute to the overall decentralization of the blockchain. More participants mean a more secure and resilient network, and Stratis believes that the new staking solution will encourage more users to get involved.

Join the Beta

Stratis invites users to join the beta program and experience the new simplified staking solution. Feedback will be invaluable in helping refine and improve the process. Together, staking can be accessible to everyone, furthering the network’s decentralization.

To get started, you can review the resources below:

Stratis encourages you to familiarize yourself with the process by utilizing the Auroria Faucet and the Aurora 1-Click Launchpad.

Join Our Community on Discord

Stratis also invites you to join their growing community on Discord. Connect with other users, share your experiences, and get support from the Stratis team. Join the conversation and participate in the journey towards a more decentralized future. Join our Discord server here.

Progress Report on Game Development – Key Innovations & Implementation

Stratis is thrilled to provide an in-depth update from Solplex’s lead developer, highlighting the progress made over the past 12 months. This report summarizes the extensive work undertaken by the Solplex team, highlighting their dedication to delivering a groundbreaking gaming experience.

From infrastructure enhancements and feature integrations to gameplay refinements and strategic advancements, the team has made significant progress in various aspects of the game. Join us as we delve into the details of our journey and celebrate the milestones achieved in Stratis’ ongoing quest to synergize artificial intelligence and blockchain to create a distinctive gaming experience.

I am profoundly pleased to present an update summarizing the monumental progress we have made concerning our game development project over the course of the last 12 months. The volume and the intricate scope of work we have accomplished speak to our unwavering commitment and industry, as we move closer to our goal of presenting a transcendent gaming experience.

We’re excited to convey that our team has rigorously worked on the building of game infrastructure, successfully integrating bespoke features such as an in-game chat function. Our accomplishment extends beyond this to include significant optimization work on game speed and delays, ensuring smooth and robust performance that reciprocates the users’ needs efficiently.

Tirelessly expanding the game mechanics, we have also realized a functional build queue and installed game-changing building modifiers – covering an impressive 80% of the entire set. Our strategic growth is coupled with aesthetic refinement, as we have concluded the integration of comprehensive visuals for the global map.

Simultaneously, we have initiated the creation of an immersive inner colony map, with approximately half of the visuals having been developed. The design of the outer colony layouts for all tile types has been effectively administered, demonstrating our vigorous pursuit of detail-oriented refinement. Moreover, implementation of an intuitive status panel and notifications feature assures enhanced player engagement and seamless communication.

Delving into the strategic combat dimension of our game, we express great pleasure in signifying that our battle mechanics are now 70% realized. Although further work needs to be done on implementing building destructions and scouts, this marks an auspicious milestone in our journey.

Adding depth to the gameplay, we have made significant strides in empowering players with trading functionalities and have developed, yet not integrated, capabilities to redistribute resource storage, adjust building productivity, and reallocate hidden resource cache.

Lastly, our efforts feature the comprehensive expansion of data and game metric collection. This initiative cements our dedication to constantly improving the game experience while ensuring the health of our servers and services. We have successfully integrated these vital metrics into our administrative dashboard, thus evidencing our profound commitment to maintaining quality control and the provision of a reliable gaming environment.

Thank you for your continued support during these vital stages of development and we look forward to sharing the fruits of our hard work in the near future.

 

ChainPort Bridge Integrates Stratis

ChainPort has recently broadened its blockchain and bridging horizons by incorporating Stratis into its network. This integration marks a significant milestone for both platforms, enhancing their utility and appeal within the blockchain community.

With ChainPort now facilitating the bridging of popular assets such as USDT, USDC, and wETH to the Stratis blockchain, users are provided with various liquid assets that can be utilized on the Stratis Platform. This expansion not only enhances Stratis’s attractiveness to developers and decentralized applications (dApps) but also positions it as a more versatile and appealing platform for a wider range of blockchain projects.

ChainPort is a cutting-edge blockchain bridge that facilitates secure and efficient token transfers across multiple blockchain networks. Emphasizing security, ChainPort employs multi-sig wallets, third-party audits, and regular security assessments to protect user assets. Supporting blockchains like Ethereum, Binance Smart Chain, and Polygon, ChainPort offers a versatile platform for both users and developers. The user-friendly interface ensures a seamless experience, making it easy to bridge assets.

With a strong focus on decentralization, ChainPort integrates with DeFi protocols and plans to implement governance features, enabling token holders to participate in decision-making processes. ChainPort’s infrastructure is designed for efficiency and speed, handling high transaction volumes reliably. As of now, ChainPort supports over 50 tokens and has facilitated the transfer of millions of dollars in digital assets.

Stratis has significantly evolved by transitioning to a Layer-1 blockchain based on Ethereum’s codebase, positioning itself as a robust platform for DeFi and gaming applications. The integration of zkSync’s Layer-2 scaling technologies enhances transaction throughput and reduces operational costs, meeting the demands of complex, high-volume blockchain transactions. Additionally, Stratis has introduced a Stablecoin Solution focused on GBP and EUR issuances, providing a stable and reliable medium of exchange in the volatile crypto market, while ensuring regulatory compliance. In the gaming industry, Stratis is launching Solplex, a city-building game that integrates blockchain and AI, promising a unique and immersive experience with enhanced gameplay features like asset ownership and real-time transactions.

These initiatives collectively underscore Stratis’s commitment to expanding its ecosystem and providing robust, versatile solutions that cater to a broad spectrum of users, including gaming enthusiasts, crypto traders, and financial professionals. By integrating Stratis into its ecosystem, ChainPort enhances its offerings for developers and businesses, providing them with an efficient platform for blockchain development. This integration aligns with ChainPort’s mission to support a diverse range of blockchains and empower users to leverage the full potential of blockchain technology in their projects.

As time progresses; Stratis will work with ChainPort to add support for further networks and enable the bridging of the native STRAX Token to give more flexibility and options for those who build on Stratis.

You can now head over to ChainPort’s dApp and immediately bridge assets to and from the Stratis blockchain. https://app.chainport.io/

 

 

 

Stratis Auroria Testnet Campaign Airdrop Commences!

Stratis is excited to announce that the airdrop for the Auroria Testnet Campaigns has officially begun! The community’s interaction and participation have been overwhelming, and Stratis is thrilled to reward those who have contributed to the success of Stratis’ transition to an EVM-based Layer-1.

Campaigns Overview

The airdrop campaigns were designed to engage the community and reward participants for their efforts in interacting with the Auroria Testnet. With two separate campaigns, participants had the opportunity to earn rewards by either registering against the masternode contract or running a validator to secure the testnet network.

A total of 1,000,000 $STRAX was allocated for the airdrop, divided equally between two reward pools.

First up, participants of the Stratis Auroria Testnet Launch Campaign are eligible to receive 20.95 $STRAX as a reward. To recognize and reward the high level of participation, an additional bonus is being given to 3,000 random individuals, doubling their reward to 32.8 $STRAX. This campaign saw tremendous engagement, and Stratis is grateful for the community’s support.

Secondly, those who took part in the Stratis Auroria Testnet Staking Campaign, and successfully operated their validator will receive a substantial reward of 266.38 $STRAX each! This significant reward underscores the importance of their contribution to maintaining the integrity and stability of the testnet environment.

Reward Distribution

The distribution of rewards has already begun, and participants can expect to see their STRAX tokens reflected in their wallets soon. The airdrop will be staggered over the remaining days of May. Stratis appreciates your patience as the team ensures a smooth and accurate airdrop process.

Stratis has also created a dedicated channel in their Discord server; highlighting which addresses have received their airdrop. You can join the Stratis Discord Server using the link at the end of this blog!

Thank You!

Stratis extends their thanks to everyone who participated in the Auroria Testnet campaigns. Your efforts have been instrumental in the successful launch and operation of the testnet, and Stratis is excited to continue building and innovating with their community.

For more details about the campaigns and the Auroria Testnet, you can read the original announcement here.

Stay tuned for more updates and future opportunities to engage with the Stratis platform. To stay updated on the latest news and developments, follow Stratis on social media and join our Discord server at https://discordapp.com/invite/9tDyfZs to become a part of our growing community!

GBPT Developments Update: Test Launch and Regulatory Updates

Stratis is excited to announce the launch of its interactive test environment—a significant step forward for the GBPT Token. This environment allows anyone to engage directly with Stratis technology and receive test instances of the GBPT Token. Currently, the test environment enables the minting of stablecoins; however, the inclusion of burn support is imminent. Be sure to read this blog to learn more about Stratis’ vision and how you can keep up to date with the latest developments!

Exploring Stratis’s Stablecoin Solutions in a Secure Test Environment

The test environment highlights the foundation of Stratis’s Stablecoin Solutions for GBPT and other fiat-backed stablecoins, enabling consumers to receive a stablecoin efficiently and simply in exchange for a fiat deposit. As this is deployed in a test environment, there is no integration with Open Banking and KYC/Compliance vendors; however, it provides a glimpse into what the process will look like.

Importantly, even though this is a test, the minting function uses FIPS 140-2 Level 2 validated HSMs to ensure that cryptographic keys are processed and stored within a physically and logically protected hardware device.

Stratis encourages its community to explore and test the functionality using the link below:

https://stablecoin.stratisplatform.com

Strengthening Compliance and Security Through Strategic Partnerships

As mentioned above, Stratis is establishing strategic partnerships with leading compliance experts such as ShuftiPro and Elliptic. These collaborations are crucial in ensuring the highest standards of security and compliance, enabling Stratis to navigate complex regulatory landscapes while offering innovative solutions. ShuftiPro, renowned for its cutting-edge identity verification services, will assist Stratis in ensuring that all transactions and user interactions are secure and verified, aligning with global KYC (Know Your Customer) and AML (Anti-Money Laundering) standards. Meanwhile, the partnership with Elliptic, a leader in risk analysis for blockchain-based assets, enhances the integrity of Stratis’s solution by providing advanced analytics to prevent fraudulent activities and provide assurance for businesses leveraging the Stratis Stablecoin Solution.

Advancing Regulatory Approval and Expanding Presence in Europe

Stratis is continuing to make significant progress with its application with the Financial Conduct Authority (FCA) in the UK. Achieving regulatory approval is a complex process, and Stratis is committed to meeting stringent standards to build a secure and reliable foundation for its operations. More details regarding the application will be revealed in the near future. In addition to Stratis’ regulatory efforts in the UK, Stratis is also focusing on expanding its presence in Spain. Stratis is proud to announce that it recently received approval from the Bank of Spain, granting it as a Virtual Asset Service Provider (VASP). This approval highlights Stratis’s commitment to adhering to European regulations and offering a secure and compliant platform for its users across multiple jurisdictions.

Join Stratis on This Exciting Journey

Stratis invites you to explore its test environment today and contribute to shaping the future of Stratis Stablecoin Solutions. Visit https://stablecoin.stratisplatform.com to get started, and join our Discord server at https://discordapp.com/invite/9tDyfZs to become a part of our growing community!

Navigating Web3 Safely

With the recent migration, Stratis has transitioned from a Bitcoin-based blockchain to an Ethereum-based framework. The move to an Ethereum-based ecosystem opens new possibilities with native Web3 support, utilizing Web3 wallets that differ from what was previously available. The transition from a bespoke wallet such as the STRAX Wallet and Cirrus Core to a multi-network Web3 wallet like MetaMask introduces new risks and exposure to more frequent and sophisticated phishing attempts. Stratis is committed to guiding its community through these challenges, ensuring a safe and informed transition into the Web3 world.

What is Web3?

Web3 refers to the third generation of the Internet, a revolutionary concept that focuses on decentralization and self-sovereign ownership. In this new world, individuals have complete control and ownership over their identity and assets without relying on any central authority. This is a significant step forward in the evolution of blockchain technology, and Stratis is excited to be at the forefront of this movement.

While there are many benefits of web3, primarily focusing on enhanced privacy and control over your data, the absence of an intermediary places the onus on the user to ensure sound security practices and an understanding of how to manage their wallets safely.

Your Defence Mechanism

The following defence mechanisms are essential for anyone navigating this space, aiming to minimize risks and ensure a secure experience.

Stay Informed

Constantly educate yourself about the latest scams. Follow reputable news sources and security blogs dedicated to Web3 and cryptocurrency. Awareness of scammers’ tactics can help you spot red flags.

The below are a great place to start in familiarizing yourself with some of the scammers methods:

https://www.web3isgoinggreat.com/?collection=metamask

https://www.web3isgoinggreat.com/?collection=discord-compromise

https://www.web3isgoinggreat.com/?collection=twitter-compromise

https://www.web3isgoinggreat.com/?collection=drainers

https://www.web3isgoinggreat.com/?collection=permit-phishing

Verify Everything

Always double-check addresses when sending and the legitimacy of projects you’re interacting with. If you’re using a dApp, double-check the website address and review community feedback on social channels, such as Discord or Twitter to ensure it’s not a phishing site or scam.

Safeguard Your Information

Treat your private keys and seed phrases as you would your banking details and identity documents. Use hardware wallets for extra security, and never store these details on internet-connected devices. Be cautious of phishing attempts that try to lure this information from you.

Use Reputable Platforms

Stick to platforms with a strong reputation and user base. Look for platforms that offer additional security features like multi-factor authentication and have a transparent process for reporting and addressing issues.

Enable Security Measures

In addition to two-factor authentication, consider only accessing your accounts on secure networks or utilising a VPN if you are using a public network. Regularly update your software and use strong, unique passwords for different accounts.

Too Good to Be True

Always remain sceptical of offers of airdrops or incentives that appear too good to be true. Check the project’s official social channels to ensure the validity of any campaigns and giveaways before connecting your wallet.

Keep In Touch

Navigating the Web3 world becomes a richer experience when joined by a community of like-minded enthusiasts. Stratis encourages individuals to become part of their thriving community by joining the Discord server. There, members find a supportive space offering insights, advice, and camaraderie to navigate Web3 safely and confidently. Whether seeking guidance on authenticating a dApp or eager to exchange knowledge, Stratis’s Discord community stands ready to welcome and assist!

Stratis Discord Server – Join Now!

Off-Chain Token Swap Process

As the initial on-chain Token Swap window has closed, you can now perform an off-chain Token Swap utilizing the Address Ownership Tool. The Address Ownership Tool obtains a list of addresses associated with your wallet and creates a unique signature. This signature is created using your wallet, providing unequivocal proof that you are the owner of the provided address. All relevant detail is saved to a CSV file you must upload using this page. STRAX Token addresses are then queried for their balance at the time of the snapshot, taken at 6 PM on the 20th of March 2023.

This blog will explain the steps needed to successfully generate a proof of your previous STRAX balance.

A high-level summary of the process can be found below.

  • Create new STRAX Token address
  • Run the Address Ownership Tool
  • Provide the Tool with Wallet Detail and new STRAX Address
  • Upload the produced CSV

Create an account for the new STRAX Token (Step 1)

You must obtain a compatible address to receive the new Stratis Token ($STRAX). There are a variety of wallets that the new STRAX Token supports; however, we strongly encourage using MetaMask for the Token Swap, as support for other Ethereum-based wallets cannot be guaranteed.

New to MetaMask?

If you’re new to MetaMask, you can follow the below steps to safely and securely.

https://support.metamask.io/hc/en-us/articles/360015489531-Getting-started-with-MetaMask

Please pay special attention to the dos and don’ts of securing your MetaMask account.

Do

  • Write down your Secret Recovery Phrase somewhere safe. We can’t tell you precisely where, as that depends on your circumstances.
  • The importance of handwriting your Secret Recovery Phrase is that it cannot be stolen online. If you store it in a file in an internet-linked cloud storage folder, for example, it could theoretically be stolen.
  • Double-check your spelling and that you wrote down every word in the same order they were given.

Don’t

  • Keep it in an easily discovered or easily hacked location; e.g. in a cloud-saved document or email titled “Seed Phrase”; on a post-it note stuck to your computer.
  • Provide your seed phrase to anyone, even if they say they’re from MetaMask Support.
  • Change the order of the words.

Create a new MetaMask Account (Optional)

You can create a new account within your MetaMask to manage the new STRAX Token, or alternatively, you can use your existing account.

Steps to create a new account can be found below:

https://support.metamask.io/hc/en-us/articles/360015289452-How-to-add-accounts-in-your-wallet#:~:text=Click%20’Add%20account%20or%20hardware,hit%20’Create’%20to%20confirm

Alternative Wallets

In addition to MetaMask, the new network accommodates users who prefer alternative wallet solutions. The chosen wallet must support custom RPC servers to ensure compatibility with the new Stratis ecosystem. OneKey Wallet is an excellent example of such a wallet, offering the required functionality. This inclusivity ensures that everyone in the Stratis community can participate in the token swap, regardless of their preferred wallet.

Please perform your own research if you choose to use an alternative wallet.

Obtain Address Ownership Tool (Step 2)

The AddressOwnerShipTool must be used to prove ownership of funds; please download the relevant package to your device using the release page below:

https://github.com/stratisproject/AddressOwnershipTool/releases

Extract the contents of the ZIP Archive to a safe location on the device where your STRAX or Cirrus Wallet is located.

Generate Proof (Step 3)

The AddressOwnershipTool can be used to generate proofs for both STRAX Network and the Cirrus Network. When running the tool, you need to define which network you want to generate proofs for. Please follow the below steps to successfully generate a proof of your wallet.

1. Extract the AddressOwnershipTool

Open Command Prompt (Windows) or Terminal (MacOS/Linux) and navigate to the location where the AddressOwnershipTool was extracted; the simplest way to do this is to type “cd” and paste the AddressOwnershipTool folder into the window and hit ENTER.

cd C:\AddressOwnershipTool

2. Temporarily Disable GateKeeper (only required for MacOS)

Enter the below command into your terminal:

sudo spctl --master-disable

3. Make AddressOwnershipTool Executable (only required for MacOS/Linux)

Enter the below command into your terminal:

chmod +x ./AddressOwnershipTool

4. Run AddressOwnershipTool

You can now run the AddressOwnershipTool by running the following command:

Windows

STRAX Network
AddressOwnershipTool.exe claim --walletname=STRAXWalletName --walletpassword=walletPassword --destination=NewSTRAXAddress
Cirrus Network
AddressOwnershipTool.exe claim --CIRRUS --walletname=STRAXWalletName --walletpassword=walletPassword --destination=NewSTRAXAddress

MacOS/Linux:

STRAX Network
./AddressOwnershipTool claim --walletname=STRAXWalletName --walletpassword=walletPassword --destination=NewSTRAXAddress
Cirrus Network
AddressOwnershipTool.exe claim --CIRRUS --walletname=STRAXWalletName --walletpassword=walletPassword --destination=NewSTRAXAddress

Important

Please replace all values with your genuine values relating to your STRAX Wallet; i.e. STRAXWalletName, walletPassword, NewSTRAXAddress

The AddressOwnershipTool will now load your wallet and return a line for each discovered address, the ending result will look like the below:

 

5. Enable Gatekeeper again (Only required for MacOS)

Enter the below command into your terminal:

sudo spctl --master-enable

Upload Generated Proof (Step 4)

A CSV file will be created in the directory where you launched the AddressOwnershipTool, named the same as your new STRAX address. It contains signatures, signed with your private key, for each of the addresses contained within your wallet.

Upload this CSV to the below STRAX Token Swap Process Form

STRAX Off-Chain Token Swap Form

Max. file size: 3 GB.
This field is for validation purposes and should be left unchanged.

 

 


 

FAQ

What if my wallet isn’t synced?

You will need to ensure that your wallet is synced so all addresses are accounted for, you can download a data directory using the relevant link below:

STRAX Data Directory for Windows & Linux

STRAX Data Directory for MacOS

Cirrus Data Directory for Windows & Linux

Cirrus Data Directory for MacOS

To utilize a data directory, once downloaded you must extract into the relevant folder; see the below default locations:

Windows

STRAX: %APPDATA%\StratisNode\strax\StraxMain
Cirrus: %APPDATA%\StratisNode\cirrus\CirrusMain

MacOs/Linux

STRAX: ~/.stratisnode/strax/StraxMain

Cirrus: ~./stratisnode/cirrus/CirrusMain

What if I held my STRAX and/or Cirrus on the Mobile Wallet?

The off-chain token swap cannot be performed from the Mobile Wallet. To perform the Token Swap you will need to restore your wallet using the STRAX Wallet or Cirrus Core. These wallets can be downloaded from Wallets page.

I’ve uploaded my proof but I haven’t received any new tokens

The proofs distribtuion will occur daily Monday-Friday. In order to see your balance, you will also need to ensure you are connected to the new Stratis Blockchain network. If using MetaMask, you can simply add the network by visiting the below page:

https://chainlist.org/chain/105105?testnets=false

For alternate wallets, you can utilize the network detail below:

Network Name: Stratis

RPC URL: https://rpc.stratisevm.com

Chain ID: 105105

Symbol: STRAX

Explorer: https://explorer.stratisevm.com

 

StratisEVM is LIVE

Stratis is ecstatic to unveil its new EVM-compatible Stratis Blockchain, marking a significant transition to an Ethereum-based platform. This launch is a monumental event, aimed at increasing growth and fostering innovation within their evolving ecosystem, marking a new era for Stratis users and developers alike.

Important Notices

Snapshot Blocks

The snapshots for both the STRAX Blockchain (Legacy) and Cirrus Blockchain have been taken. The heights of the snapshot(s) can be seen below:

STRAX: 2285943
Cirrus: 7700153

On-Chain Swaps

For those who opted to swap using the on-chain burn method, your tokens will be sent to your provided account. The initial distribution has already been performed, and your new STRAX tokens will be visible in your new EVM-based wallet.

For those who opted to wait for the off-chain proofing tool, a blog will be released outlining the steps to provide your cryptographic proof and perform the off-chain swap.

Network Detail

The new Stratis Blockchain network can be added to your MetaMask by visiting the following page: https://chainlist.org/chain/105105

If you prefer to add manually, please use the detail below:

Network Name: Stratis

RPC URL: https://rpc.stratisevm.com

Chain ID: 105105

Symbol: STRAX

Explorer: https://explorer.stratisevm.com

Exchange Information

As previously announced, Stratis has secured support from all major exchanges that offer pairings for the existing STRAX Token. Announcements from the respective exchanges can be found below:

Binance

BingX

Bithumb

Bitvavo

CDC

Gate

Kucoin

Upbit

Validators / Staking

Staking on the Stratis network is now available. Users are encouraged to visit the Stratis Launchpad to set up their validators, contributing to the network’s security through our Proof of Stake (POS) algorithm. This initiative helps secure the network and offers participants a chance to earn rewards. For details and to start setting up your validators, head over to Stratis Launchpad.

Masternode Registration

Masternode registrations are now open for the Stratis platform. Users interested in becoming a part of this network can register immediately, provided they meet the collateral requirement of 1,000,000 STRAX Tokens. Additionally, the Masternode registration can be done from any device that supports MetaMask, register and monitor your Masternode registration from your mobile device! For more information and to begin the registration process, visit Stratis Masternode Registration.

 

Wait.. There’s more!

Stratis Stablecoin Solutions Update

Next month, we are excited to introduce the beta version of our pioneering stablecoin protocol following the StratisEVM release. This will allow users to test and interact with the tGBPT token, providing valuable feedback and insights into the functionality and potential of our stablecoin system. This is a significant step towards enhancing our ecosystem with stable and reliable digital asset options.

Campaigns, Campaigns, Campaigns!

Stratis is incorporating the unique capabilities of innovative campaign platforms such as; Intract, Galxe and QuestN into their upcoming network campaigns. Utilizing the innovative learn-and-earn platforms, Stratis aims to enrich community engagement through educational and rewarding experiences. Structured quests and pathways provide ideal platforms for Stratis to introduce new features and initiatives, fostering a deeper understanding of the ecosystem among users. These strategic partnerships align with Stratis’s objectives to enhance user acquisition, improve community involvement, and deliver an educational journey within the evolving web3 landscape.

zkSync Integration

Stratis is gearing up to revolutionize its platform with the forthcoming integration of zkSync technology, focusing on enhancing scalability and efficiency via a cutting-edge Layer-2 solution. This update, expected soon, aims to significantly improve transaction speeds, lower operational costs, and fortify security measures. The emphasis on blockchain gaming will offer developers scalable, low-cost environments for their projects, driving forward innovation and user engagement in the ecosystem. More information on the zkSync integration can be found here: https://www.stratisplatform.com/2024/03/01/embracing-layer-2-innovation-with-zksync-technology/

Stratis Ventures

Stratis has launched Stratis Ventures, a new initiative that aims to support innovative startups in blockchain, artificial intelligence, and machine learning. This initiative will provide strategic insights, capital, mentorship, and long-term partnerships to foster growth and market leadership in emerging technologies. Stratis Ventures seeks to replicate the success stories within the blockchain ecosystem by providing resources and support to startups showing potential for significant impact and returns. More information can be found on the Stratis Ventures Announcement blog: https://www.stratisplatform.com/2024/02/28/introducing-stratis-ventures/

Stratis Ambassador Programme

Stratis recently announced a $1,000,000 dApp Incentive Programme to support the development and deployment of innovative decentralized applications on the platform. The programme targets DeFi projects and infrastructure tooling, encouraging growth and innovation in the blockchain space. Stratis, a long-standing player in blockchain technology, aims to foster a vibrant developer community with this initiative. Projects can be submitted without prior application, and they will be evaluated based on innovation, speed, execution quality, and value to the Stratis ecosystem. More information can be found on the Ambassador Programme Announcement blog: https://www.stratisplatform.com/2024/02/15/1000000-stratis-dapp-incentive-programme/

 


 

This is a significant moment for Stratis as they continue to innovate and expand their blockchain ecosystem. More exciting developments are on the horizon. Stratis invites everyone to stay engaged through their social media channels for the latest updates and to join in the ongoing journey of growth and innovation.

Launching the Stratis Ambassador Programme

The Stratis team is thrilled to announce the launch of the Stratis Ambassador Programme! This new initiative aims to reward the efforts of passionate and knowledgeable community members, to help spread awareness of Stratis, and the potential of blockchain technologies.

Criteria for Ambassadors

This programme seeks individuals who:

  • A great team worker, but also able to work independently.
  • Are active members of the Stratis Discord Community.
  • Demonstrable communication abilities.
  • Have an understanding and enthusiasm for blockchain technology.
  • Maintain a social media presence across multiple platforms such as Twitter, Facebook, Telegram, etc.
  • Motivated to achieve results and fulfil specific programme objectives.

Responsibilities of Stratis Ambassadors

Ambassadors are expected to:

  • Collaboration – Partner with other ambassadors and influences within the blockchain space to enhance the visibility and impact of Stratis.
  • Content Creation – Produce professional and informative content, such as blog posts, videos, tutorials and infographics to educate the community beyond Stratis.
  • Event Participation – Represent Stratis at crypto-related events within your location, engaging with the wider blockchain community.
  • Promote Awareness – Publicize information highlighting the advantages and applications of Stratis projects to increase public engagement.
  • Support & Guidance – Offer support and direction to newcomers interested in exploring Stratis technologies.

 Rewards for Participation

In recognition of your commitment and contributions, Stratis ambassadors will enjoy:

  • A limited-edition merchandise pack from Stratis.
  • Early access to upcoming products and features.
  • Exclusive access to alpha releases of games.
  • Monthly compensation in the $STRAX Token.
  • Potential direct employment opportunities with Stratis.
  • Special recognition within the Stratis community.

Become part of the Movement!

Those with a passion for Stratis and blockchain technology who meet the above criteria are encouraged to apply to become an official Stratis Ambassador. This is an opportunity to contribute to the spread of blockchain understanding and be a part of Stratis’ journey to the forefront of the blockchain space.

Apply now using the form below and take a significant step in joining a community dedicated to the innovation and growth of blockchain technology!

Stratis Ambassador Submission Form

Embracing Layer-2 Innovation with zkSync Technology

Stratis is thrilled to announce a significant milestone in the evolution of the Stratis Platform. As Stratis transitions into a new era of scalability and efficiency, Stratis is excited to unveil the upcoming deployment of a Layer-2 solution that leverages the advanced zkSync technology. This strategic move demonstrates Stratis’s commitment to providing the most effective and innovative blockchain solutions to users of the Stratis Platform.

Why zkSync?

zkSync represents the forefront of Layer-2 Solutions, offering unprecedented scalability, security, and throughput. By integrating zkSync into the Stratis Layer-1 Blockchain, Stratis can enhance the transaction throughput while reducing costs significantly, all without compromising on security. This ensures that Stratis remains a competitive, cutting-edge platform for developers and users alike.

The Layer-2 solution, powered by zkSync technology, is specifically designed to address the throughput limitations of traditional blockchain systems. By moving transactions off the main chain and onto a second layer, Stratis will be able to process thousands of transactions per second, far surpassing the capabilities of Layer-1 alone. This high throughput is a game-changer for blockchain gaming, enabling:

  • Instant Transactions: Gamers can expect almost instant in-game transactions, making gameplay smoother and more enjoyable. Whether buying items, trading assets, or executing complex in-game actions, Stratis’s Layer-2 ensures your gaming experience remains uninterrupted.
  • Reduced Costs: High throughput means lower costs. With Stratis’s Layer-2, transaction fees are significantly reduced, making it more feasible for gamers to engage in microtransactions and for developers to implement more sophisticated and interactive game features.
  • Scalability for Game Developers: For developers, Stratis’s Layer-2 solution opens up new possibilities for game design and monetization. High throughput allows for creating more complex and dynamic gaming environments, supporting a larger number of players and in-game transactions without compromising performance.

By integrating the zkSync technology, Stratis is not just enhancing transaction efficiency; they are also empowering the gaming community. Gamers will benefit from a frictionless and cost-effective gaming experience, while developers can harness the power of blockchain to create innovative and immersive games.

The Power of Type 4

One of the most exciting aspects of Stratis’s zkSync implementation is the adoption of the Type 4 prover. This cutting-edge technology stands out for several reasons:

  • Enhanced Privacy and Security: Type 4 provers utilize zero-knowledge proofs, offering superior privacy by enabling transaction validation without revealing any sensitive information. This level of security is paramount in today’s digital age.
  • Increased Efficiency: Compared to other types, Type 4 provers are more efficient, enabling faster transaction processing and lower gas fees. This means users can enjoy a smoother and more cost-effective experience on the Stratis platform.
  • Scalability: The Type 4 prover significantly enhances scalability, a critical factor as the Stratis ecosystem continues to grow. This ensures that the platform is able to handle increasing demand without sacrificing performance.

zkSync Success Stories

The adoption of zkSync technology is backed by success stories and statistics that genuinely validate its effectiveness. A prime example is the well-known NFT project, Pudgy Penguins. By leveraging zkSync for their transactions, Pudgy Penguins was able to enhance their platform’s performance and user experience significantly.

Before utilizing zkSync, Pudgy Penguins faced challenges common to many blockchain-based projects, such as slow transaction times and high gas fees, which impacted user engagement and overall experience. However, after adopting zkSync, they experienced a remarkable transformation, resulting in a $400M success story.

Our decision to integrate zkSync, particularly focusing on the Type 4 prover, is informed by these successes, ensuring that Stratis remains at the forefront of blockchain innovation.

Looking Ahead

The deployment of a Layer-2 solution is just the beginning of Stratis’s journey towards continuous improvement and innovation of its platform, highlighting its mission of continuous development to remain at the forefront of the blockchain space.  In alignment with Stratis’s forward-thinking ethos, Stratis is focused on deepening its engagement with the zkSync ecosystem through a commitment to developing further tooling to advance its own platform and contribute to the broader zkSync ecosystem.

Moreover, the Stratis dApp Incentive Programme will place its focus towards projects that utilize zkSync technology. This strategic shift underscores Stratis’s intent to drive innovation and development within the zkSync landscape, offering substantial support to developers steering the future of decentralized applications. In parallel, Stratis Ventures, the platform’s dedicated arm for fostering the growth of standout startups, will prioritize projects employing zkSync technology. This initiative aims to harness the transformative potential of blockchain, artificial intelligence, and machine learning, mirroring the success stories within the blockchain ecosystem, such as the notable growth of decentralized trading protocols.

Stratis will also leverage existing tooling, such as the zkSync bridge, to ensure a seamless user experience for cross-chain transactions between the Stratis Layer-1 and Layer-2 platforms. This integration is designed to facilitate a more interconnected and user-friendly blockchain environment, enhancing the overall utility and accessibility of the Stratis platform.

Finally, the Layer-2 will serve as the foundation for Stratis’s regulated stablecoin project, GBPT, as issuing a regulatory-compliant stablecoin, pegged to the Great British Pound, remains one of Stratis’s core focuses.

Through these initiatives, Stratis is not just looking ahead but is actively shaping the future of blockchain technology. By embracing zkSync’s Layer-2 solutions, focusing on impactful projects, and enhancing cross-chain functionality, Stratis is demonstrating its commitment to delivering a robust, secure, efficient, and innovative blockchain ecosystem.

Keep in Touch!

The community is encouraged to stay engaged for more updates as Stratis continues to grow and explore new capabilities for their platform.

For the latest updates, be sure to follow Stratis on Twitter and join the Stratis Discord Server.

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