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STRAKS is up by 237.90% in the past 24 hours

Anoushka Shrestha



STAK pushes forward

STRAKS (STAK) climbs over 200% in the past 24 hours. STAK is currently valued at $13.64 with a current market cap of $10,662,957.

This brand new cryptocurrency hit the market in November last year but really took to flight with the onset of the new year. STRAKS is a decentralized and open source currency with promising features in their roadmap for 2018. STRAKS promises a few things of the bat making it an attractive coin worth investing in, such as e-commerce utility, which will make it an easier to transact and utilize for businesses and possibly use in e-commerce. Decentralized ownership and privacy are a couple of its key features making it safe and ensuring long term prosperity, it promises that the transactions will remain anonymous and untraceable.

Straks Features

STAK goes up by 200% in under 24 hours

In the near future STRAK aims to be 100% self funded with a low PoW and work on continually improving and optimizing transaction speeds. The team also has clear roadmap for each quarter for this year, reassuring investors that they are in for the long haul. Q1 will bring in dashboards and display stats providing transparency. Community led development suggestions and immediate access to STRAK funds via the Android wallets are to see light in Q2. The last 2 quarters aims at introducing Electrum wallet with secure password, accessible worldwide and Zerocoin Protocol.

Joshua Nara, an altcoin investor speculates “Pretty memory intensive, but the field of research is moving pretty fast. Who knows what optimizations they’ll come up with in the next few years.” He continues, “STRAKs are very interesting and might actually be useful because no trusted setup is involved, instead hash functions are used for randomness” @roosracing tweets “Check out #STRAKS . Great tech behind it and completely transparent and community driven. Seems to be a keeper.”

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Anoushka is a full-time journalist at AMBCrypto, passionate about writing with a degree in B.A. Combined Humanities. She holds no value in cryptocurrencies currently.

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