Blockstack releases new consensus mechanism PoX, allowing Stacks stakeholders to interact

According to Cointelegraph, on February 6, Blockstack released a new consensus mechanism transfer proof (PoX). Miners under PoX do not rely on their own proof of work, but instead submit Bitcoin (BTC) circulating in the ecosystem. The system will be used in the Stacks 2.0 blockchain proposed by Blockstack, which will be released later in 2020. The proof-of-transfer mechanism is designed to improve the security of Bitcoin, while allowing complex interactions among stakeholders in the Stacks ecosystem.