StratoVM (SVM)
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About SVM
StratoVM is a pioneering Layer 2 solution that aims to power decentralized finance (DeFi) on Bitcoin, the leading secure blockchain network. It overcomes significant challenges such as slow transaction times and high fees commonly found in traditional DeFi platforms, offering lightning-fast transaction speeds of just 2 seconds and costs under $0.001. StratoVM's developer-centric environment enables the creation of custom smart contracts and supports new market listings, facilitating innovative decentralized applications and fostering an ecosystem of developers, validators, and institutions committed to advancing BTCFi. This unique platform is designed to bridge the strengths of Ethereum's DeFi capabilities with Bitcoin's unmatched security and decentralization. By connecting the historical foundation of Bitcoin with its promising future, StratoVM provides builders the opportunity to explore the vast possibilities within the blockchain space.
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News
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Bitcoin vs. Social Security: Former Maryland Governor's Ponzi Scheme Remark Sparks Fury
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BIS Study Shows Low-Value Bitcoin Transfers Reshape Remittances Amid High Traditional Costs
A new study by the Bank for International Settlements reveals cross-border crypto asset flows surged to $2.6 trillion in 2021, with stablecoins and emerging markets reshaping global financial networks. High Inflation Spurs Bitcoin and Stablecoin Adoption in Emerging Markets, BIS…
Zipline to the Moon!
As trade war headlines faded into the background last week, markets exhaled—and bitcoin broke above $97,000. Meanwhile, Token2049 Dubai offered both spectacle and substance. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the…
‘A Lot of Room to Go’: Bill Miller IV Sees Bitcoin Still Early in Its Ascent
Bill Miller IV, chief investment officer at Miller Value Partners, told CNBC that cryptocurrency governance is rapidly evolving. He added that bitcoin has once again crossed the six-figure threshold and, in his view, still “has a lot of room to…
Frequently Asked Questions about StratoVM
What is StratoVM?
StratoVM is a Layer-2 solution that combines Ethereum's DeFi capabilities with Bitcoin's security, aiming to make Bitcoin a hub for decentralized applications.
What is the SVM token used for?
SVM is the native token of the StratoVM platform, serving as a utility and governance token within the ecosystem.
Where can I buy SVM tokens?
SVM tokens can be purchased on decentralized exchanges like Uniswap V2, where traders can buy SVM tokens with WETH.
What is the best wallet for storing SVM tokens?
As an ERC-20 token, SVM can be stored in Ethereum-compatible wallets like Bitcoin.com Wallet, MetaMask, Trust Wallet, or hardware wallets such as Ledger.
How does StratoVM enhance Bitcoin's functionality?
By integrating Ethereum's DeFi capabilities, StratoVM enables smart contract functionality on Bitcoin, allowing for decentralized applications and services.
Is StratoVM a good investment?
StratoVM's investment potential depends on factors like adoption rates, technological advancements, and market conditions. It is essential to conduct thorough research and consider your risk tolerance before investing.