Why is no one talking about Stratis (STRAT) anymore?

For a long time Stratis has been dubbed as Ethereum competitor number one. Then came the swarm of new crypto platforms like NEO, EOS, ADA, ICX and everybody forgot about a once upon a time star – Stratis.

Stratis offers pretty much everything Ethereum does, implementing smart contracts, ICO platform, sidechains for businesses to be decentralized, and more interesting features.

stratis

Stratis’ smart contracts platform is built entirely from the ground up in native C# on the .NET framework – the most popular enterprise programming language on the most widely-used enterprise framework. This is one of the main advantages that makes Stratis easier to integrate into existing enterprise architectures by removing any barriers presented by new, proprietary computing languages like Solidity in Ethereum. Moreover, Stratis will soon provide support for the functional programming language F#, particularly popular in the finance sector.

Stratis team got some bad reputation earlier last year as they missed couple of their deadlines for big releases and technical upgrades to their network. Additionally, their community is not satisfied with how active the team is on the communications front – they don’t offer regular updates on the progress, many questions from the community stay unanswered for a long time and there is generally a scent of a dead project around Stratis.


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But is Stratis really dead?

If we take a look at the history of ETH, for example, they walked the similar path to what Stratis does right now. They were initially ignored although their technology was disruptive. And we know where is Ethereum right now.

Sometimes it just takes time but that means they can have a stable and healthy growth. And that’s a lot more worth than the usual dump and pump game or hype trains for the masses.

The team is perhaps a bit quiet but with aggressive commits on their Github and help from Nicolas Dorier (one of the bitcoin core developers). There are currently more than twenty members of the team working for Stratis.

Stratis does almost no marketing and has come to this point and high ranking on the coinmarketcap with no effort in that respect.

Stratis has a lower inflation rate but a similar coin supply to Ethereum. If Stratis proves itself on it’s claimed improvements over the Ethereum Virtual Machine combined with its programming language C# advantage, it could catch up very quickly and prove itself as a leader as a smart contract platform.

Also, Stratis is one of the 2 companies that offer blockchain solutions on Azure. End-to-End ICO platform solutions on Azure, those two are NEO and STRATIS.

The one advantage STRATIS holds over other ICO platforms is that it has created the Breeze implementation of TumbleBit, which allows it to offer private and extremely secure transactions, along with the potential to integrate Breeze into the Lightning Network via the TumbleBit Anonymous Payment Protocol.

To date, Stratis has released:

Competitors have already mooned, perhaps it is time for STRATIS to do the same.

 

CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

3 Comments
  1. You could add that since their final release is on the way, Stratis is heavily investing in marketing with businesses and C# community.

  2. To be fair Stratis is a the end of its release cycle and started to invest heavily on marketing with businesses and C# community

  3. You could also add that the market “sentiment” of Stratis is still very bullish or positive: https://enroyd.com/Sentiment/
    Actually they’re among the coins with the best market sentiment score.

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