↑ 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'...
In a recent slew of events, Stacks, a prominent Bitcoin Layer-2 project that seeks to bring smart contracts and a scalable framework to Bitcoin's network, performed a significant 'Nakamoto' upgrade. This upgrade is expected to improve transaction speeds, introduce 'Bitcoin Finality', and foster the growth of decentralized finance (DeFi) applications on Bitcoin's blockchain. The Stacks Asia Foundation has also partnered with HEX Trust to bolster the integration and implementation of Stacks' DeFi applications, tapping into a massive $180 billion Bitcoin DeFi opportunity and boosting the Stacks ecosystem's overall growth and accessibility. Furthermore, Stacks is being integrated into other platforms, such as the Aptos Network via sBTC, and continues to expand its reach into various sectors.
However, amidst these innovations, allegations against Chinese hydrogen electrolyser makers exaggerating their stacks' efficiencies by about 10-20% have emerged, which could introduce skepticism into the optimistic outlook for Stacks. Latest deployments include the use of Stacks blockchain nodes on AWS facilitated by the AWS Blockchain Node Runners blueprint.
Stacks News Analytics from Thu, 01 Feb 2024 08:00:00 GMT to Wed, 30 Oct 2024 22:18:41 GMT - Rating 7 - Information 8 - Rumor 6
