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Stacks (STX) is a cryptocurrency designed to bring smart contracts and decentralized applications to Bitcoin. It operates as a layer-1 blockchain that enables developers to build on Bitcoin's security while leveraging its existing ecosystem, effectively enhancing Bitcoin's functionality without altering its core protocol.
Cheqd (CHEQ) is a blockchain-based cryptocurrency designed to facilitate secure and decentralized identity solutions. It empowers individuals and organizations to manage and verify digital identities while maintaining control over their personal data, thereby enhancing privacy and trust in digital interactions.