Who are Stratis Group Ltd?
 

“Stratis is a worldwide operating company, formed by a distributed team of business managers, developers, consultants, marketing and sales experts. Coordinated by a strong team of blockchain experts, we combine a solid corporate structure for best business practices with the flexibility for rapid prototyping and deployment. Headquartered in the U.K. and incorporated as

Stratis Group Ltd, we operate in Asia, Europe and the Americas.”

Stratis Group Ltd was founded by CEO Chris Trew in 2016. The company offers simple and affordable end-to-end solutions for development, testing and deployment of native C# blockchain and decentralized applications (dApps) on the .NET framework.

They have built out the open source Stratis Platform which is a versatile dApp development platform consisting of cutting edge blockchain technologies such as smart contracts and sidechains all built on top of the decentralized Stratis network. Stratis Group Ltd will continue to improve the Stratis Platform with new features. The modular nature of the Full Node architecture means that Stratis Group Ltd can keep the platform competitive by including new blockchain technologies as the cryptocurrency and Blockchain as a Service space evolves.

 
What is Stratis?
 

Stratis is the cryptocurrency which constitutes the underlying blockchain and network of the Stratis Platform. The coin native to Stratis is STRAT. Stratis is a Proof of Stake C# rewrite of the Bitcoin protocol. One thing which sets Stratis apart from all other cryptocurrencies is the fact that it is written from the ground up in C#. The Full Nodes that serve the Stratis network are fully C#. Also, the Full Nodes are modular. A developer building on top of Stratis can pick and choose from the services of the Stratis Platform to suit their application. Moreover, when developing and auditing their application they will have access to the full suite of tools available in normal C# / .NET development. You can read in more depth about this powerful property of Stratis and the Stratis Platform and why it is unique to them here.

 

Stratis at a glance:

  • Coin: STRAT
  • Circulating supply of STRAT: 99m (up to date and exact number found here)
  • Market Capitalization: Found here
  • Consensus Mechanism: Proof of Stake
  • Block time: 64s
  • Newly minted STRAT per forged block: 1 STRAT
  • Yearly STRAT inflation: Currently ~0.5%, decreases over time
  • Maximum throughput: Anywhere between 33 tps and 67 tps on the Stratis mainchain. Sidechain maximum throughput is up to the sidechain creator. 

A lot more information, including a Stratis blockchain explorer, can be found here.

 

You can read the Stratis whitepaper here.

 
What is the relationship between Stratis Group Ltd and Stratis?
 

Stratis is an open source, decentralised network. All of the core development for Stratis was undertaken by Stratis Group Ltd.

However, Stratis and Stratis Group Ltd are not the same thing. It is easy to conflate the two when talking about Stratis, but it’s important to be aware that there is a distinction between the two. Stratis Group Ltd is a company who are building the Stratis Platform which uses Stratis to enable its functionalities and STRAT to fuel them. Stratis is a decentralised network made up of the users of the Stratis network. Stratis is the sum of every STRAT holder, node operator, staker and user who sends a transaction.

You want to know more about Stratis? Visit the official Website or the Stratis Investor FAQ.