diff --git a/README.md b/README.md index 38eec5a..a2789e0 100644 --- a/README.md +++ b/README.md @@ -41,7 +41,7 @@ For details, see the [Clarity book](https://book.clarity-lang.org/) and [Clarity ## Proof-of-Transfer (PoX) -[PoX consensus](https://blockstack.org/pox.pdf) is a new algorithm that spans consensus between the Bitcoin blockchain and the Stacks layer. Unlike burning electricity in proof-of-work, miners bid by spending BTC and get a random probability for becoming a leader. Leader election happens on Bitcoin and new blocks are written on the Stacks layer. Miners use BTC to mine newly minted STX. PoX recyles proof-of-work energy to provide Nakamoto-style consensus for the Stacks layer. +[PoX consensus](https://stacks.org/pox.pdf) is a new algorithm that spans consensus between the Bitcoin blockchain and the Stacks layer. Unlike burning electricity in proof-of-work, miners bid by spending BTC and get a random probability for becoming a leader. Leader election happens on Bitcoin and new blocks are written on the Stacks layer. Miners use BTC to mine newly minted STX. PoX recyles proof-of-work energy to provide Nakamoto-style consensus for the Stacks layer. See [this post](https://medium.com/@sonkaos999/the-bullish-case-for-stacks-8ef75849861f) on PoX for more details. diff --git a/stacking.md b/stacking.md index 2b5cb1a..286329e 100644 --- a/stacking.md +++ b/stacking.md @@ -2,7 +2,7 @@ Stacks brings apps and smart contracts to Bitcoin. Stacks 2.0 blockchain enables Stacks (STX) holders to participate in consensus and earn Bitcoin (BTC). This process of locking STX to earn BTC rewards from the protocol is called *Stacking*. To participate, STX holders lock their STX and publish useful information periodically on the network. The annual earning rate of Bitcoin rewards depends on several factors. For example, if 50% of the liquid supply participates, along with other assumed parameters, then the earning rate can be approx 9%. See [details](https://blog.blockstack.org/stacking-earnings-model/). Users will be able to participate in Stacking via the native Stacks wallet or through official Stacking partners. [More info.](https://stacks.org/stacking) -Thresholds to participate natively in Stacking are dynamic based on amount of liquid supply that is participating. More details are available in the [SIP-007](https://github.com/stacks-network/stacks-blockchain/blob/master/sip/sip-007-stacking-consensus.md). +Thresholds to participate natively in Stacking are dynamic based on amount of liquid supply that is participating. More details are available in the [SIP-007](https://github.com/stacksgov/sips/blob/main/sips/sip-007/sip-007-stacking-consensus.md). **Stacking thresholds:** By end-Jan 2021 approximately 1,006M (1B) liquid STX participation rates are as follows: @@ -13,7 +13,7 @@ By end-Jan 2021 approximately 1,006M (1B) liquid STX participation rates are as Users can pool together to meet the minimum threshold using the *delegate* transactions. Further, we anticipate users to reap the benefits of Stacking rewards through partners like OkCoin, Staked, and others, even if they themselves don’t individually own the relevant minimum threshold amount. **Stacks future supply:** -The Stacks cryptocurrency has a predefined future supply that reaches approximately 1,818M STX by year 2050. See [here](https://github.com/zone117x/stx-supply-schedule/blob/master/supply.csv) for data on STX tokens unlocking by block. See [here](https://docs.google.com/spreadsheets/d/1RMUn_XLXUrdSfm4B3GEPG8VBO6CWCXmGKNpFaNu2Bec/edit?usp=sharing(=)) for data on STX inflation rate (2021-future). +The Stacks cryptocurrency has a predefined future supply that reaches approximately 1,818M STX by year 2050. See [here](https://github.com/zone117x/stx-supply-schedule/blob/master/supply.csv) for data on STX tokens unlocking by block. See [here](https://docs.google.com/spreadsheets/d/1RMUn_XLXUrdSfm4B3GEPG8VBO6CWCXmGKNpFaNu2Bec/edit?usp=sharing) for data on STX inflation rate (2021-future).