Stacks Updates
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Stacks updates and announcements.
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Over 1000 voters have already contributed to the Nakamoto voting process! πŸŽ‰

This release aims to achieve faster blocks, Bitcoin finality & more.

The voting window will close in approximately 3 weeks.

Don't miss out the opportunity to have your say:
https://stx.eco
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In case you missed it, Grayscale released their 2024 Bitcoin report.

They recognize that Stacks stands out among L2s and pushes the Bitcoin ecosystem forward.

Dive into Grayscale's analysis of Bitcoin's evolution:
https://www.grayscale.com/research/reports/2024-halving-this-time-its-actually-different
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Starting Soon: Live Building on Bitcoin Virtual Event
Join us live today, starting 10AM (ET).
Developers are awakening to the possibilities of building on Bitcoin.

The original blockchain is home to more than just boring old BTC; Layer 2s, DeFi apps, and more are making the Bitcoin economy click. Kickstarted in part by the rise of Ordinals and BRC-20s, bitcoiners of various stripes are now ensnared in a lively debate: What is Bitcoin for?

🟧 Full schedule available in description of the YouTube live stream.
🟧 Time: 10AM - 3PM (ET)
Link to the live stream πŸ‘ˆ
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Why Bitcoin L2s are needed?

Dovey Wan explains her vision on how L2s can help Bitcoin become the center of the global digital economy

Join the next Building on Bitcoin panels in live: https://www.youtube.com/watch?v=zv_eu4D18rs
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According to Muneeb, L2s will be the main source of innovation for the Bitcoin ecosystem.

They will enable applications with BTC as the asset.

Follow the Building on Bitcoin panels live to learn about Bitcoin future.

https://www.youtube.com/watch?v=zv_eu4D18rs
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Both Alex Miller and Will Foxley agree that Community is the most important aspect of any product/service.

Bitcoin L2s and DeFi are addressing a huge community demand for Bitcoin productive use cases.

Next up is a deep dive into liquid stacking and Stacks technical sessionsπŸ‘‡πŸ§΅

https://t.co/3F5Wd6lZUb
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The Ready Layer 2 competition is just 2 weeks away! πŸš€

Join the hackathon to showcase your Bitcoin product and compete for:

β€’ $15,000 prize pool
β€’ Features in Stacks social channels
β€’ Mentor assistance & accelerator interviews

Register now at https://readyl2.com/
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Why are L2s so important for the Bitcoin ecosystem? πŸ€”

They boost the demand and utility for BTC.

L2s enable DeFi apps and faster transactions, encouraging more productive use of BTC holdings. πŸ“ˆ

To expand Bitcoin reach, it must evolve to attract new attention.
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According to Lunar Crush, Stacks has witnessed one of the largest increases in social activity. πŸš€

With Bitcoin L2s gaining more adoption, Stacks' social interactions are up nearly 16,000%. πŸ“ˆ

People are realising the potential of L2s in scaling the Bitcoin ecosystem.
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The excitement around Bitcoin keeps rising.

But what is even more interesting is how Bitcoin L2s are maturing.

They enable the DeFi blocks to emerge and unlock new utilities for Bitcoin as an ecosystem.

L2s are here to move Bitcoin forward!
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Stacks is moving towards activating the Bitcoin economy.

Nakamoto fast block times & Bitcoin finality are key steps to reach this goal.

Discover the new Nakamoto website for an in-depth look at the upgrade & explore the updated Stacks brand.πŸ‘‡πŸ‘‡

- Stacks Brand Refresh: https://buff.ly/3SUbcyN

- Nakamoto Website: https://buff.ly/3uYN06b
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Stacks Updates pinned Β«Stacks is moving towards activating the Bitcoin economy. Nakamoto fast block times & Bitcoin finality are key steps to reach this goal. Discover the new Nakamoto website for an in-depth look at the upgrade & explore the updated Stacks brand.πŸ‘‡πŸ‘‡ - Stacks…»
The Ready Layer 2 hackathon is starting next week!

It's an opportunity to build and pitch your Bitcoin product.

Exclusive rewards can be earned from $15,000 pools to exclusive opportunities.

Register now at:
https://readyl2.com
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The Nakamoto upgrade is paving the way for sBTC.

sBTC will make Bitcoin a fully programmable asset and unlock its true potential.

It will fuel the growth of a Bitcoin-baked DeFi ecosystem, creating new use cases for BTC holders.
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Only a few days left to vote for the Nakamoto upgrade.

This upgrade is key to unlock many benefits:
β€’ Faster blocks
β€’ Bitcoin finality
β€’ Introduce sBTC

Don't miss your chance to shape the future of Stacks: https://stx.eco
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8 new Signers have been onboarded on Stacks.

These include Blockdaemon, Luxor, Kiln, Near Foundation, DeSpread, Restake, Chorus One, and Alum Labs.

They will play a key role in block production and Stacks decentralization once Nakamoto goes live.

Read more about it here: https://buff.ly/49BAAAz
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Only 3 days left to vote for the Nakamoto upgrade ⏳

Why is it so important for the Stacks community to participate? πŸ—³

Stacks is a decentralized ecosystem, so everyone's vote counts to define the chain's future.

Moreover, Nakamoto is crucial to improving Stacks L2. ⬇️ 🧡


What are the benefits of the Nakamoto release?

β€’ Faster block times for improved UX ⚑️
β€’ Increase security with 100% Bitcoin finality πŸ›‘
β€’ Enables sBTC, which will unlock the Bitcoin economy 🟠

The upgrade will mark a new Stacks era, enabling further Bitcoin scaling.


Now, how can you cast your vote for this key Stacks release?

You can find a step-by-step guide on STX ECO, the voting platform for protocol changes: https://stx.eco

Moreover, here is a comprehensive resource to explore Nakamoto:
https://buff.ly/3uYN06b
How fast is Stacks growing?

Signal 21 dashboards can give a few insights:

β€’ Stacks crossed 1,000,000 unique wallets
β€’ Active accounts have skyrocketed
β€’ Supply of stSTX hits 22+ million
β€’ Synthetic USD supply increasing since 2023
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Unlocking BTC capital is the next big step for the Bitcoin ecosystem.

L2s like Stacks are set to play a key role in enabling Bitcoin-focused apps.

With the upcoming sBTC release, expect:

β€’ Holders to productively deploy BTC
β€’ Developers to create new use cases for BTC
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