Stacks is an open-source network that operates alongside the Bitcoin blockchain, enabling developers to build secure, scalable, and user-friendly decentralized applications (dApps) and smart contracts. By leveraging Bitcoin's robust security and stability, Stacks introduces programmability to the Bitcoin network without altering its core protocol. This approach allows for the creation of a wide range of applications, including decentralized finance (DeFi) platforms, non-fungible tokens (NFTs), and more, all while maintaining the integrity and security of the Bitcoin ecosystem.

The Stacks ecosystem is supported by a vibrant community of developers, entrepreneurs, and enthusiasts who are committed to building a user-owned internet on Bitcoin. The native cryptocurrency, STX, is used to fuel network activities and can be locked by holders through a process called 'Stacking' to earn Bitcoin (BTC) rewards for supporting blockchain consensus. Since its inception, Stacks has attracted significant investment from notable venture capital firms, including Blockchain Capital, Alumni Ventures Group, Lux Capital, Digital Currency Group, and Foundation Capital.

These investments have facilitated the growth and development of the Stacks ecosystem, enabling it to become a leading platform for building on Bitcoin. The Stacks team, led by co-founders Muneeb Ali and Ryan Shea, continues to innovate and expand the capabilities of the platform, striving to unlock the full potential of Bitcoin as a programmable base layer for decentralized applications.