↑ Stacks Makes Significant Strides with Nakamoto Upgrade, Harnesses Major Crypto Attention
Stacks , the notable Bitcoin Layer-2 Project, is making strides with the activation of its eagerly awaited 'Nakamoto' upgrade. The 'Nakamoto'...
The cryptocurrency Stacks has seen multiple developments in the recent days, related to its network operations and overall market performance. The value of Stacks has risen over 4% in a 24-hour span, indicating strong investor interest. As it prepares for its upcoming Nakamoto upgrade, smart contracts on the Stacks platform have reached a record high. This upgrade has ignited considerable activity around smart contract deployment, with record levels unseen before, suggesting strong confidence in the technical foundation of the Stacks blockchain.
Further strengthening the Stacks ecosystem is the integration of DIA 'Oracles', enhancing data feeds for Bitcoin DeFi. Complementing this, Bitcoin liquid staking has been introduced to the Zest Protocol on Stacks which furthers its DeFi possibilities. Moreover, the Stacks ecosystem is planning speed enhancements through the Bitcoin Layer-2 Network's Nakamoto Upgrade. Over 1,400 smart contracts have been deployed on Stacks even before the major upgrade, a new milestone for Bitcoin DeFi
.Stacks News Analytics from Thu, 01 Feb 2024 08:00:00 GMT to Wed, 11 Sep 2024 21:28:29 GMT - Rating 8 - Innovation 9 - Information 7 - Rumor 2
