Stacks Updates

How do we add more utility to the Bitcoin ecosystem? 🤔 The facts are clear: ✅ Bitcoin is the largest market capitalization of all cryptocurrencies ✅ 4.2% of the global population owns Bitcoin ✅ 46M Americans own Bitcoin Yet $0.5T in BTC capital is waiting to be deployed Bitcoin L2s such as Stacks enable the creation of applications generating demand and growth for Bitcoin as an asset. Learn how sBTC is making Bitcoin a programmable and productive asset, activating the most liquid crypto economy.

Ordinals have revived the ‘builder culture’ on Bitcoin. 🟧 But Bitcoin NFTs' use cases and experiences have been limited by Mainnet programmability and network congestion constraints. Listen to Megapont Founder, Mark Mckenzie explain how Bitcoin Layer 2 solutions can help scale Ordinals and enable richer experiences powered by smart contracts. Mark Mckenzie is speaking at the next Bitcoin Unleashed event in London. Register now for the event 🎫

Did you know that fiat-backed stablecoins are emerging in more global financial systems? 🤔 Trust Machines published an article earlier this month explaining the 2️⃣ Types of Crypto Stablecoins. 📓 Learn 👇 ✅ How Fiat-Backed Stablecoins Work ✅ What are Algorithmic Stablecoins? ✅ Comparing Fiat-Backed and Algorithmic Stablecoins ✅ Pros and cons of fiat-backed and algorithmic stablecoins ✅ Examples of Popular Fiat-Backed and Algorithmic Stablecoins Read the full article 📖

Bitcoin ⤵️ 🔸 The biggest brand 🔸 and pristine Collateral Arkadiko Finance's Philip DeSmedt shares his thoughts on why builders build on Bitcoin 🧡 "If you analyze all the different crypto assets, Bitcoin is still the most pristine form of collateral that is the most decentralized..." Philip said 💭 More about sBTC 📙 Learn more about Arkadiko Finance 💱

Shaping the future with the next generation of Bitcoin Builders 🛠️ LearnWeb3 is hosting the Decentralized Intelligence Season 1 🚀 The event brings together the best students using next-gen technologies to build the future using blockchain and AI tech 🌐 Learn more about the hackathon 📚

ICYMI: EasyA x Stacks 🤝 EasyA's #60DaysOfStacks challenges launch soon! 🔜 ℹ️ EasyA is the world's leading Web3 learning app. They have the best developers building on the world's leading blockchains ⛓️ They have over 500,000 devs that are funded by a16z, YC, and many more 🚀 They’ll launch the Stacks challenges right in the EasyA app; make sure to download it beforehand to prepare! 🚀 Download ⬇️ More about EasyA 🧑‍💻

DAOs and DeFi - How are they related? 🤔 Did you know that the two have key similarities, and some DeFi protocols have started incorporating DAO governance models? 💭 Explore how DAOs and DeFi could intersect through Trust Machines' recently published explainer on how DAO principles can improve governance in DeFi 💡 Read the full blog 🖋️

1️⃣ more week until the deadline for the hackathon inspired by the Olympics 🔥 Join the 2nd ₿itcoin Olympics Hackathon, a gathering of innovators focused on building a sustainable ₿itcoin economy. 🚀 Register today! 🎫

Have you ever heard of Crypto Lending? 💬 Decentralized finance has grown rapidly in the past few years, and while decentralized crypto exchanges control a chunk of the DeFi market, crypto lending protocols are slowly gaining market share. 📈 Trust Machines published an informative blog explaining this and how it relates to Bitcoin DeFi. 📝 Delve into crypto-backed lending for digital assets, with a specific focus on Bitcoin lending; read more 📖

We're less than a month away! 🇬🇧 Bitcoin Unleashed happening at the Home of The Big Ben 🏫 Save the date ⤵️ 🗓️ October 19-20 ℹ️ Sessions include live demos, technical workshops, keynote speeches, parties, panels, and discussions on everything from DeFi to decentralized gaming, NFTs, Ordinals, Regulation, and more. ➕ A Bitcoin Unleashed Hackathon will follow the conference. Register today! 🎟️

Upcoming: sBTC Testnet 🚀 Get Ready Bitcoin Builders! 🏁 The holy grail for unlocking the broader Bitcoin economy will soon be available for Bitcoin L2 developers in Testnet. 💥 ℹ️ The sBTC working group plans to release a public sBTC testnet mid-October. Learn more 📒 Always be in the know 🔖

When #Blockchain technology evolves, new ideas and technologies arise. 🧬 The Stacks Foundation recently published an article discussing a handful of these new and innovative concepts! 📓 They covered ⤵️ ✅ Covenants ✅ Sidechains ✅ Drivechains ✅ Statechains ✅ Spacechains ✅ Zero Knowledge Rollups The more you know! 🧠 Learn more 👓

Another amazing week for the community! 🚀 🌟 ALEX announces the first on-chain indexer for BRC-20 tokens 🌟 Xverse unveils Ledger support for $STX 🌟 EasyA releases 60 Days of Stacks challenge for developers. 🌟 And so much more! Read more 📰 Don't miss an update; subscribe here 📧

ICYMI: Ledger x Xverse 🚀 Stacks ($STX) token holders can safely store their assets in Ledger devices with Xverse! 🗃️ Ledger hardware wallets have garnered trust and acclaim from millions of users worldwide, and this update extends the highest level of security to the Stacks ecosystem 🔒 Save the guide 🗒️

Hiro announced support for both BRC-20 tokens and recursive inscriptions in their Ordinals API and the Ordinals Explorer 🚀 ℹ️ BRC-20 is an experiment that leverages Ordinals inscriptions to enable fungible tokens on Bitcoin. Read more HERE 👁️‍🗨️ Hiro tools are free to use. Check them out below 👇 Ordinals API 🗂️ Ordinals Explorer 🌐

We're excited to see y'all in London 🇬🇧 ⭐ Bitcoin Unleashed 🗓️ October 19-20 📍 Protein Studios ℹ️ The event will be an incredible environment for cross-collaboration, where people from all ends of our ecosystem can come together to lay the groundwork for Bitcoin innovation. Catch Stacks Foundation's Executive Director, Brittany Laughlin, and more! 🚀 Save your spot today! 🎫

ICYMI: Anamaly Design x Ryder 🚀 Award-winning design firm Anamaly, which has collaborated with top-tier brands and celebrities like Sony, Puma, Tiger Woods, and Rihanna, is now partnering with Ryder 💥 Kudos to Ryder and the team 🎉 Read more 👀 Check out more work of Anamaly 🖌️ Join the waitlist of Ryder today 📝

ICYMI: Anamaly Design x Ryder 🚀 Award-winning design firm Anamaly, which has collaborated with top-tier brands and celebrities like Sony, Puma, Tiger Woods, and Rihanna, is now partnering with Ryder 💥 Kudos to Ryder and the team 🎉 Read more 👀 Check out more work of Anamaly 🖌️ Join the waitlist of Ryder today 📝

🚨 Yuga Labs x Gamma.io 🚨 ℹ️ Yuga Labs recently launched a cipher puzzle series inspired by the art TwelveFold, a 300 unique generative art piece on the Bitcoin blockchain. All puzzle guesses will be made using Ordinal inscriptions on Bitcoin, powered by Gamma. 🚀 Stay tuned for the next puzzle 🧩 Check out the TwelveFold Collection at Gamma 🖼️ More about Yuga Labs here 🔎

📢 Introducing the Degen Lab team's latest project, the pioneering Decentralized Stacking Pool on Stacks Working on a Critical Bounty with the guidance of the sBTC Working Group, they have built not only an open-source framework for Decentralized Stacking Pools but are also introducing the first user-ready one now 🚀 ℹ️ Decentralized Stacking Pools are a Stacking solution that can be initiated by anyone. The process is automated via smart contracts. Two parties are involved 👇 ✅ Liquidity Provider ✅ Participants Read more HERE 📖 Learn more about Degen Lab and their work 🔍