Stacks Updates
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Stacks updates and announcements.
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JUST IN: Given the upgrade to PoX consensus, Blockstack PBC has proposed an adjustment to future STX supply โ€” the adjustment gives higher incentives to mine and stack (earn BTC) initially and reduces the year 2050 supply of STX from 2048M to 1818M. Muneeb just discussed this on the Town Hall today. Details here: https://forum.blockstack.org/t/pox-consensus-and-stx-future-supply/11232
JUST IN: Muneeb just announced a tighter 6-week engineering estimate for the "When mainnet?" blog post for Stacks 2.0. The post discusses mainnet readiness where a release passes all checks and can be deployed by independent miners: https://twitter.com/muneeb/status/1310616877115355136?s=20
Blockstack PBC filed a semiannual report with the SEC today for the fiscal semiannual period ending on June 30, 2020. This report provides public information about company finances among other business updates. Blockstack PBC is committed to transparency in the Stacks ecosystem. You can read the full report here: https://www.sec.gov/Archives/edgar/data/1693656/000119312520256283/d39244d1sa.htm
JUST IN: Check this video of Muneeb Ali, Co-founder of Blockstack and Sergey Nazarov, Co-founder of Chainlink as they discuss the importance of Chainlink oracles on Stacks 2.0.

https://twitter.com/muneeb/status/1312026581263618048
Today, weโ€™re excited to share a new calculator that allows STX holders to estimate potential BTC returns through Stacking. The calculator is based on community feedback and is intended to help STX holders project potential scenarios and earnings for participation based on various assumptions and variables. For example, at a 50% participation rate in the consensus algorithm with 10 miners or pools (along with certain other assumptions, including assumptions related to the price of BTC and STX), the earning rate would be approximately 9%.

https://twitter.com/blockstack/status/1314596923307962368
๐Ÿ“ฃ Introducing Stacks: a brand designed to unite the many projects and entities working to build a user-owned internet on Bitcoin.

The brand includes the very first Stacks logo and a complete design kit that community members can use to customize their own Stacks-related projects: https://twitter.com/blockstack/status/1316750595743723522
#HackDeFi has officially started! This latest hackathon aims to bring to DeFi to Bitcoin using the power of Stacks 2.0.

Developers will be rewarded up to $7,000 in prizes for building safe, secure projects that leverage Stacks 2.0 features like Proof-of-Transfer and Clarity.

https://hackdefi.devpost.com/
Blockstack PBC is becoming Hiro Systems, an entity committed to developers. As PBCโ€™s work on the Stacks 2.0 public infrastructure winds down, it will shift gears to focus exclusively on building developer tools and apps for the Stacks ecosystem.

https://twitter.com/blockstack/status/1319385690237526016
Q3 saw numerous developments for the Stacks ecosystem, including: Full PoX on testnet, further ecosystem decentralization (with the debut of Freehold and Daemon Technologies), the launch of the Stacks ecosystem brand, and more. Thank you to the Stacks community for yet another amazing quarter! We're looking forward to the world of possibilities brought on by Stacks 2.0 ๐Ÿš€. https://twitter.com/blockstack/status/1321487268381630465
Channel photo updated
As we gear up for Stacks 2.0 Mainnet Launch, we are bringing you a community led AMA series to answer all your questions about the upcoming mainnet and how it ties STX and Bitcoin altogether. See the full AMA schedule below and join these telegram groups to participate ๐Ÿ‘‡

โ†’ ๐Ÿ‡ต๐Ÿ‡ญ November 3 : STX Philippines
โ†’ ๐Ÿ‡ฐ๐Ÿ‡ท November 4 : STX Korea
โ†’ ๐Ÿ‡ท๐Ÿ‡บ November 6: Binance Russia
โ†’ ๐Ÿ‡ฎ๐Ÿ‡ณ November 6: STX India
โ†’ ๐Ÿ‡น๐Ÿ‡ท November 9: Binance Turkey
โ†’ ๐Ÿ‡ฎ๐Ÿ‡ฉ November 12: STX Indonesia
โ†’ ๐ŸŒŽ November 16: ICO Speak
โ†’ ๐ŸŒŽ November 17: Binance Youtube
โ†’ ๐Ÿ‡ธ๐Ÿ‡ฆ November 18: STX Arabia | CryptoZoom
โ†’ ๐Ÿ‡ป๐Ÿ‡ณ November 24: Tradeplus
โ†’ ๐Ÿ‡ณ๐Ÿ‡ฌ November 26: STX Nigeria
โ†’ ๐Ÿ‡ช๐Ÿ‡ธ December 1: Binance Spain
JUST IN: Staked will support Stacking and be a Stacks 2.0 launch partner.

A leading staking service provider, Stakedโ€™s robust infrastructure will make it easy for STX holders (who meet a dynamic minimum requirement) to earn Bitcoin rewards on the Stacks network.

https://twitter.com/blockstack/status/1328699579794153472
The Stacks 2.0 mainnet will reach code completion by Dec 15th and is set to launch on Jan 14th.

Upon code completion, the network will undergo thorough testing as well as work on integrations with exchanges and launch partners. The additional time will ensure that the Stacks 2.0 mainnet is high-quality and truly decentralized.

To celebrate code completion, the Stacks Foundation will also put up 1 million STX to be won in an upcoming mining competition run by Daemon Technologies. This STX reward will help independent miners kickstart the Stacks network come launch day.

https://twitter.com/blockstack/status/1329442662135509001
JUST IN: Blockstack is partnering with Ankr to support a seamless experience on Stacks 2.0.

A leader in developing Web 3.0 infrastructure, Ankr will provide solutions for users to easily run Stacks nodes, as well as for regional exchanges to integrate stacking.

https://twitter.com/blockstack/status/1331313794795048967
TESTNET UPDATE: We have now entered the final phase of the Stacks 2.0 testnet: Xenon.

Instead of using the Bitcoin regtest, Xenon is integrated with the primary BTC testnet.

This is a key part of hardening the Stacks 2.0 network ahead of the mainnet launch.

https://twitter.com/blockstack/status/1331686588686995458