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Stacks: New Developments Push STX Price 18% Higher – Details

NewsBTC LogoNewsBTC17h ago

Stacks: New Developments Push STX Price 18% Higher – Details - NewsBTC

Quick Summary:

Introducing: Clarity Alliance 👇 pic.twitter.com/ZmDedxa9bV — Zest Protocol 🍊 (@ZestProtocol) August 21, 2024 "When Zest Protocol launched, we experienced first hand the shortcomings of the security ecosystem around Clarity, Stacks’ smart contract language,” Zest said in their thread regarding the announcement.  According to the thread, the Clarity Alliance is comprised of "the highest ranking white hat hackers in crypto” with credentials including the auditing of Bitflow, a market aggregator on Stacks.  Zest also partnered with Hypernative Labs to track incidents as well as pinpointing possible attacks before it even happens.  $1.5-$1.6 Trading Range Holds Strong For STX As of press time, the token entered the $1.5 to $1.6 price range with the bulls successfully slowing the bearish momentum that built up over the last couple of days.

Named Clarity Alliance, the auditing group will provide the network with better protection against malicious actors that may exploit certain weaknesses of Stacks itself.  1/ We’re excited to share a big ecosystem improvement to smart contract security on the @Stacks blockchain After working with multiple auditors for Clarity smart contract on Stacks, we saw a big need for a higher quality auditing group.

With new add-ons that improve both the security and user experience on the platform, we might see STX move up even more in the coming weeks.  Security Improves UX On Stacks Zest Protocol announced its new system to improve smart contract security on Stacks.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-23 @ 02:00:56 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 442 words

Reading Time: 3 minutes read

Sentences: 71 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22224012

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 9 posts per day

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Headquarters: United Kingdom

News Last Updated: 10 hours ago

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Publisher ID: #102

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