Stacks Updates

💥 JUST IN: Upbit - Korea's largest and most active platform for cryptocurrency trading list STX. 한국 최대 거래소 업비트에 STX 암호화폐가 상장되었습니다. Exchange Announcement: https://upbit.com/service_center/notice?id=1767 STX/BTC Trading Pair: https://upbit.com/exchange?code=CRIX.UPBIT.BTC-STX

Over the course of all 1000 blocks, 11.94 BTC were burned to mint 2 million STX tokens. According to Daemon Technologies this gives a conversion of 0.00000597 BTC/STX. It can be compared to a secondary market conversion at the time of this writing of 0.00001459 (1) BTC/STX, which implies overall profitability of 144.4% for the first 1000 blocks. 🔨 Want to know more about STX Mining? Checkout Daemon Technologies analysis of the mining market for Stacks over the first 1000 blocks of the new network here 👇🏼 https://twitter.com/stxdaemon/status/1355109367981379586

UPDATE: Community members have reported that Binance deposits and withdrawals for Stacks 2.0 are working and the integration is complete.

UPDATE: 117M STX (~$52M) is now locked in the PoX contract for earning Bitcoin💥 https://twitter.com/muneeb/status/1354796213757947904

Hiro PBC and Skynet Labs are teaming up to support more bridges between the Stacks and Skynet protocols. Together, they’ll be sponsoring a bounty for the best tutorial educating developers on how to use Skynet to create pointers in Clarity smart contracts to data that is too large to store on-chain. https://twitter.com/Stacks/status/1349820006247366673

Once a passing thought about decentralized naming by Satoshi, the possibility of a separate blockchain that shares CPU with Bitcoin has been realized with today’s launch of Stacks 2.0. This quote is now saved in the Stacks 2.0 genesis block forever! https://twitter.com/Stacks/status/1349795770598383616

JUST IN: The mainnet build of Stacks 2.0 is now up and running! 🎉 🚀 https://twitter.com/Stacks/status/1349793980465217537

Another major player joins the Stacks Ecosystem as Foundry Digital LLC commits to providing STX Mining services with the launch of Stacks 2.0. Foundry, a Digital Currency Group subsidiary, is a leader in the world of Bitcoin mining and will bring expertise and capital to the Stacks ecosystem. https://twitter.com/Stacks/status/1349784920785362947

Today, we’re thrilled to announce that Wrapped.com, a collaboration between industry stalwarts Tokensoft and Anchorage, and specialists in wrapped crypto assets, will soon offer wrapped bitcoin on Stacks, or ‘xBTC’. Wrapped bitcoin on Stacks is a huge step toward native DeFi on Bitcoin and because the Stacks 2.0 blockchain settles to Bitcoin in shared consensus already, xBTC will be the first wrapped asset actually backed by Bitcoin. https://twitter.com/Stacks/status/1349781554185306113

JUST IN: Stacks 2.0 is bringing Ethereum-like features to the Bitcoin network. Here's how they plan on doing it. https://twitter.com/Cointelegraph/status/1349746479611609088

💥 JUST IN: Blockdaemon to support Stacks on road to Stacks 2.0 Mainnet. More details here: https://blockdaemon.com/blog/blockdaemon-supports-stacks-on-road-to-stacks-2-0-mainnet/

🛠 Hiro and Skynet of SiaTechHQ are teaming up on a bounty to support collaboration between the Stacks and Skynet protocols. 💰 Money bag $2,000 will be rewarded to the best tutorial that integrates Skynet with Clarity smart contracts. ✅ Check out the bounty: https://blog.stacks.co/stacks-plus-skynet#bounty

Stacks 1.0 has stopped processing further transactions. All state, including accounts and balances, will be automatically included in the Stacks 2.0 genesis block. For those wondering about exchanges and custody providers, please note that all existing STX holdings, whether on an exchange or otherwise, will convert from Stacks 1.0 to Stacks 2.0 once the Stacks 2.0 mainnet goes live. Binance and KuCoin have recently signaled their support for the Stacks 2.0 upgrade, but users with STX on other exchanges or custody providers should refer to updates from those respective exchanges and custody providers on how the network upgrade might impact them (if at all). For what to expect on the Stacks side, please go through the guide linked here: https://twitter.com/muneeb/status/1349051291520151552?s=20

After 2+ years of development and ~8 months of testing, the Stacks 2.0 mainnet is scheduled go live later this week! The high-level launch process is similar to what was first proposed back in November and we shared a more granular plan two weeks ago. Read further details on the forum post linked here: https://twitter.com/Stacks/status/1348729461127184386

UPDATE: An earlier version of the launch details post included a block timeline that was putting the launch earlier than Thur Jan 14th given faster than expected Bitcoin blocks. The block heights were adjusted to stick with the expected Thur Jan 14th launch and to allow more time for Stacks 1.0 transactions to come through, given the timelines we had projected earlier. https://blog.stacks.co/stacks-2-launch-details

As we detailed on January 9th, Stacks 2.0 reached miner activation. It is now estimated that the full blockchain state from Stacks 1.0 will automatically transfer to Stacks 2.0 sometime on Wednesday, January 13th (Eastern Time). Read the full launch details: https://twitter.com/Stacks/status/1348632680179634178

Stacks 2.0 activation reached miner threshold this morning. We're 572 Bitcoin blocks away from launch, the count down has started putting launch at Thur Jan 14th approx noon. See details: https://twitter.com/muneeb/status/1347926807765516289?s=20

We're thrilled to be around the corner from mainnet launch, but this is just the start of the journey. To that end, there are a few things we want early adopters of Stacks to keep in mind when upgrading to the 2.0 network, and we've outlined those areas below. Please see the brief summary in the blog noted here and jump to any specific topic for further details: https://twitter.com/Stacks/status/1347667712193998853

The full schedule for the Stacks 2.0 mainnet launch event has just been published and it's 🔥. Register now: https://stacks2.com/register

We're just 15 days away from mainnet! Read Diwaker's post, "Path to Stacks 2.0 Mainnet" to find out what to expect between now and January 14th. https://twitter.com/muneeb/status/1344374557327687681