Stacks Updates
1.63K subscribers
211 photos
39 videos
5 files
1.36K links
Stacks updates and announcements.
Download Telegram
🚨 Just in: Stacks Is the #1 Web3 Project on #Bitcoin For Second Year in a Row

The 2023 @ElectricCapital report measured this by developer activity. #Stacks is also a top-30 crypto project (at #28) as measured by total developers.

Explore the full report πŸ‘‡
πŸ‘8❀3
🚨 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 πŸ‘‡
πŸ‘1
πŸ‘ 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 β€œholy 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 πŸ‘ˆ
πŸ”₯4
πŸ”„ Release the StableSwap - Arkadiko X ALEX
(source: Arkadiko Medium)

The fine folks at Alex are bringing Arkadiko the technology to create a new type of liquidity mechanism, a StableSwap pool. Such a pool is fundamental to the Arkadiko Protocol as it allows for low fee and low slippage swaps between USDA, Arkadiko’s Stablecoin and xUSD, a wrapped version of USDC custodied by Anchorage and issued by Tokensoft. The two stablecoins already exist on the Stacks blockchain but are not directly linked to each other. Thanks to the StableSwap pool, we’ll soon be able to swap between the two stablecoins.

Read more πŸ‘‡
πŸ‘3
🎯 Hiro's Focus Areas for Q1 2023
It’s worth noting that the upcoming Stacks 2.1 upgrade took up a lot of the Hiro team’s bandwidth in Q4, so several of our Q4 projects will continue to be priorities in Q1. Those priorities include:

⭐️ API Microservices
⭐️ Subnets
⭐️ More Bitcoin Support Across Hiro Products
⭐️ Product R&D
⭐️ Network Support
⭐️ Docs

Read the full article πŸ‘‡
πŸ”₯6πŸ‘2
πŸ“ˆ State of Stacks - Messari Report Q4 2022
⭐️ Stacks network average daily active users and addresses, increased by 76% and 42%, respectively, in Q4’22.
⭐️ Smart contracts deployed compound annual growth rate (CAGR) of 19.8%.

State of #Stacks report by @MessariCrypto - full report available πŸ‘‡
πŸ”₯6
πŸ‘ Why Developers Should Build on Bitcoin in 2023
⭐️ Developers Are Heads Down Building
⭐️ Tooling Is Getting More Sophisticated
⭐️ Stacks 2.1 Is Coming
⭐️ Subnets Arrive in 2023
⭐️ More Big Network Unlocks on the Horizon

Read the full article by Hiro πŸ‘‡
πŸ”₯5
🚨This Week in sBTC with Andre.btc

βœ… Andre.btc sBTC residency proposal finalized
πŸ“™ Go-To-Market plan
πŸ–₯ Engineering: sBTC bridge development & more

πŸ“… Weekly updates: View the first update down below. Updates will soon expand in size as activities to successfully launch sBTC increase πŸ‘‡
πŸ‘1πŸ”₯1
The Weekly Stack - Gamma's newsletter
Featured Artists & Collections
Stacks Parrot Radio πŸ“»πŸ¦œ
We love seeing NFT projects go beyond art β€” and Stacks Parrots has done just that with the STX Parrot Radio, now available on iOS & Android!

Parrot Radio is the first Web3 music player on Stacks, supporting all audio and audio-visual NFTs. If you’re a Stacks Parrot holder, you’ll get lifetime access to the app. Check it out! 🎢
Read the full article πŸ‘‡
πŸ“Ί Stacker Chats with Stacks creator Muneeb Ali is Back
Tune in for weekly insights about Building on Bitcoin!

In this episode, Muneeb Ali and Gina Abrams talk about how sBTC (via Stacks) makes building on Bitcoin more decentralized.

They also discuss why's there is a need for a separate gas token ($STX) to make a decentralized building on Bitcoin future work.

Watch here πŸ‘‡
State of Stacks - Messari Q4 2022 Report
One of the core tenets of the Stacks community has always been transparency and open dialogue between the great contributors, experts, and builders who are working to grow and elevate the network. Messari leverages their industry-leading crypto market intelligence to bring the same transparency and discussion we believe in to the entire crypto industry. We are excited to share some of the key takeaways from their State of Stacks Q4 2022 report that was just released. Read the full article πŸ‘‡
πŸ”₯4
πŸ”¨ Industry Lessons: Due Diligence for Developers
Researching protocols? Don't let hype and market cap distract you from what counts.

As a developer, you didn't select the language you first learned without consideration, and you shouldn't do that with protocols, either. Protocols are more than just a modular part of your application or business, they’re fundamental to the value you're going to provide users.

Below, we've compiled a list of critical aspects to consider when assessing which protocol is right for you (and which will still be around next year).
Read the full article πŸ‘‡
πŸ‘5
🚨 ICYMI: Stacks is the number one Bitcoin layer
Despite some losses in 2022 due to the market downturn, Stacks has shown steady developer growth since its launch. In addition to healthy developer interest, Stacks has had nearly 24,000 smart contracts deployed, 1 million NFT events, 500,000 stacks addresses, 140,000 .btc names registered, 7 billion STX transferred, and dozens of companies launched in the ecosystem.

Read the full article πŸ‘‡
πŸ”₯3
πŸ—£ What is Stacks?
Although it's likely that none of the people in this channel need education on Stacks, we're sharing this great Stacks explainer blog post by Xverse anyway in case you want to share this with your friends. Read full article πŸ‘‡
πŸ‘8❀2
This week in sBTC
(by Andre.btc)

We made great progress this week, scoping the technical and business milestones and aligning the ecosystem around sBTC. Here’s a breakdown of the main activities from this week.

Read the Developer Update & Go-To-Market Updates πŸ‘‡
πŸ‘4πŸ”₯2
Giveaway from Bitcoin Secured NFT Marketplace Gamma
Gamma is excited to invite you on this fun treasure hunt and quest for Bitcoin NFTs!

Together, with nearly 40 other apps, artists, and creators in the ecosystem, we are running this campaign to bring attention to Bitcoin NFTs and onboard users to this unforgettable journey. We’d like to thank every partner and artist who participated in this project, and hope you’ll enjoy it!

Link to the article πŸ‘ˆ
πŸ‘5
Gamma - The Weekly Stacks Newsletter
The latest talk of the town in the Bitcoin community has been controversially around other assets on Bitcoin, such as NFTs. As the most notable and decentralized blockchain ecosystem, Bitcoin serves many use cases around permission-less payments. But what about things like ownership and IP rights around art and music? Perhaps, there is a way to satisfy all of the above and use Bitcoin as the foundational layer for the next generation of the internet β€” Web3.

Read the full newsletter
πŸ‘5πŸ”₯1πŸ’―1
Stacks Quarterly Miner Report Review by Matty
Read Matty's Q4 mining report πŸ‘ˆ
1. Cycle Lengths
2. Total Amount Stacked
3. Total Number of Stackers
4. >50% and >70% Stacking "Attacks"

View the latest SIP call πŸ‘‡
πŸ‘6
πŸš€ What's happening with sBTC? - Andre.btc
"That means once live, sBTC could become the dominant trading pair for rare Bitcoin Ordinals NFTs."

⭐️ sBTC Resident @andrerserrano shared exciting progress towards the launch of sBTC. Read the full article πŸ‘‡
πŸ”₯7πŸ‘4