Stacks Updates
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Stacks updates and announcements.
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Unlocking Bitcoin’s Full Potential - With sBTC, the First Trustless Bitcoin Peg
Unlocking Bitcoin to be a fully programmable, productive asset would finally enable Bitcoin to be the backbone of DeFi and a more secure Web3. sBTC solves the problem of trustlessly writing to Bitcoin, enabling easy movement of Bitcoin in and out of Bitcoin layers. This unlocks hundreds of billions of dollars of latent capital into Web3.

But what does this mean? What is a Trustless Peg? Read the full article 👇
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🚀 Launch: Liquidium Decentralized Finance
The Mainnet for Liquidium is almost here! Borrow against your NFTs on Stacks.

Tomorrow, Liquidium will launch on Mainnet. MVP will introduce a treasury-based model. Liquidium will offer loans to users who want to borrow against their NFTs.

Read the thread published earlier this month on how Liquidium will launch on Mainnet.
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🚨 x10 YoY Stacks Smart Contract Growth in 2022

The Bitcoin layer Stacks has seen more than 10x YoY growth in Total Contracts Deployed between January and December of this year!
Over 370 virtual Clarity education program participants
Many successful hackathons

Read Mariaverse's full thread 👈
👁 Read Bitcoin & Write to Bitcoin - Introducing sBTC With Stacks
With the launch of sBTC, the Stacks layer will be the first Bitcoin layer to enable Bitcoin writes, trustless movement of BTC in and out of the layer, while securing transactions by 100% of Bitcoin hash power.

Watch the full video 👇
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🍊 Introducing Zest Protocol at Bitcoin Amsterdam 2022
Zest Protocol is the underlying infrastructure that will make decentralised Bitcoin capital markets possible for the first time. We will use the technical breakthroughs that the Stacks programming layer offers to build decentralised capital markets into the Bitcoin blockchain.

Read Tycho Onnasch's full article here 👈
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Deconstructing sBTC, The Whitepaper
By @wbnns

"Being able to make Bitcoin fully programmable would unlock defi for all holders. It would be a pivotal moment in the cryptosphere, akin to discovering electricity in a dark age. Or something even more remarkable, like nuclear fission."

Read @wbnns' two part deconstruction of the sBTC whitepaper down below 👇
⭐️ Part one
⭐️ Part two
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ICYMI: Liquidium DeFi launched on mainnet 🚀
Liquidium, the first NFT lending procotol on Stacks, is live on mainnet 🎉

View the Twitter announcement here 👇
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🚀 ICYMI: Xverse Launched its Desktop Browser Extension
"Xverse, the leading self-custodial wallet for Bitcoin Web3, is proud to announce the launch of its new desktop browser extension. Available for Chrome and currently in beta testing, the extension enables more powerful applications in the Bitcoin ecosystem."

Read the full announcement here 👈
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Builder Spotlight: Wow Labz
Advait Danke is the Project Lead for Pirates at Wow Labz, one of India's leading turnkey product development companies. Wow Labz is setting out to create a play-and-earn game based on Stacks. In this discussion, we cover the challenges of building a game on the blockchain based in randomness, how their work will help to shape the Stacks ecosystem, the distinction between Web2 and Web3, and more. 👇
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Step Aside, Ethereum: Blockchain Project Stacks Wants to Bring Smart Contracts to Bitcoin
(source: Coindesk)

"Blockchain project Stacks has published a whitepaper showing how a new digital asset called “Stacks bitcoin” (sBTC) can be used to make Bitcoin fully programmable."

"Unlike Ethereum or Solana where developers can conjure up all manner of algorithmic machinations – think six-figure gorilla avatars – Bitcoin’s simpler scripting language limits what Bitcoin developers can create on the platform. Stacks, an existing smart contract platform, wants to break through those limitations by introducing a new digital asset derived from Bitcoin" Read the full article
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🚀 Even more builders will soon start building on #Bitcoin
☑️ Clarity Stacks smart contract camp starting tomorrow. Join the next cohort or self-paced course here.
☑️ Web3startuplab Stacks startups cohort 3 applications opened. Register here.
☑️ Stacks Startups accelerator deadline closing soon. Register here
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🎉 Stacks Hackathon Winners
Congratulations to the following three projects for winning prizes during the last Stacks Clarity Smart Contract hackathon.

🥇 1st place: Votr
🥈 2nd place: Defi-arkadiko-compound
🥉 3rd place: All or nothing

Start building on Bitcoin & get funded
Below are the top Stacks Critical Bounties that we’re ready to fund today, should a qualified party apply to work on them.

1️⃣ Clarity Smart-contracts that specifically leverage Stacks 2.1 unlocks (Continuous Stacking, Topping Off, Improved Bridging)
2️⃣ Stacks Libraries, SDKs, and associated documentation for Rust, C, GoLang, Java, Python, Clojure
3️⃣ Stacks integrations for Dune, Nansen, Token Terminal, and/or other multi-chain on-chain analytics platforms

Read the full blog post on all winning projects 👇
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"sBTC is the ability to participate in an application ecosystem where you are not leaving the #Bitcoin ecosystem in a way. Ultimately @Stacks is a Bitcoin layer."

⭐️ Trust Machinesco’s Engineering Partner Igor S. about sBTC

Full Hiro Systems video available here 👇
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🗞 ICYMI: The Stacks Monthly Newsletter
The Stacks ecosystem closed out 2022 with one of the biggest quarters yet, officially voting in the Stacks 2.1 upgrade while two new whitepapers were published that outlined a vision for an even more complete Stacks Bitcoin layer.

In Q4, we also watched Clarity smart contracts grow over 100%, the network crossed 7 billion in total STX transferred, and we welcomed 84 new members to the talent pool, a growth of 44% from the previous quarter.

Read & Subscribe here 👇
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What type of Stacks smart contract tutorial do you want our builders to work on? 🤔

⭐️ Last time, BowTiedDeployer taught the Stacks community how to integrate NFTs into a web application or game.
📺 Video available below 👇
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👁‍🗨 Clarity Stacks smart contracts are decidable.

1️⃣ It makes analyzing the behavior of the code much more straight forward
2️⃣ It closes off classes of hacks, bugs, and exploits

Hiro Systems' Dev Advocate Max Efremov on Clarity's benefits.
Full video available down below 👇
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📄DeSpread Report: sBTC (Stacks Bitcoin) — Unlocking Bitcoin to be a productive asset

[Table of Contents]
- Bitcoin and Financial Market
- Bitcoin Layers and $sBTC
- $sBTC Use Cases & Limitations

Read here: https://medium.com/despread-global/despread-report-sbtc-stacks-bitcoin-8eb11302ce76

Spread the word: https://twitter.com/DeSpreadTeam/status/1614860613607632898
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🚨 ALEX Introducing Trading Pool Introduction

ALEX takes every effort to ensure their AMM protocol stays relevant and is future-proof. The result is the Trading Pool, which implements Generalised Mean Equation and, with a suitable parameterisation, supports both risky pairs (i.e. xy=L), stable pairs (i.e. x+y=L) and any linear combination in-between (i.e. Curve). Read the full article here 👇
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👁 sBTC Explained with Xverse
Although Stacks has made significant progress, there’s still no way to move BTC in and out of smart contracts in a fully trustless manner. This has been Bitcoin’s evasive “holy grail” issue for almost a decade. Enter sBTC: a non-custodial form of pegged Bitcoin with 100% Bitcoin finality.

The Stacks network's PoX connection to Bitcoin facilitates sBTC’s novel trustless peg design. Soon, users can convert BTC to sBTC for use in applications without involving centralized entities. Furthermore, users don’t pay any fees when converting between BTC and sBTC other than Bitcoin gas fees.

Read the full article 👈
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