Stacks Updates

This week, the Stacks ecosystem shared some important news: • Bitflow Finance raised $1.3M to build Bitcoin DeFi • Stacking DAO reached 10+ Million STX in TVL • N21 prep program to support Stacks startups launched: https://n21.stacks.co/ Stacks keeps growing!

The Bitcoin network is evolving on various fronts: • Scalability thanks to L2s • Institutional adoption via ETFs • Tech innovation through DeFi and Web3 apps These developments will help Bitcoin reinforce its position as a leading digital asses

BTC has been perceived solely as a SoV for a long time But L2s are changing this narrative by expanding Bitcoin capabilities Bitcoin can emerge as a core infrastructure of the Web3 apps ecosystem It's Bitcoin L2s responsability to make this change a reality

Bitcoin market cap is almost 3 times that of Ethereum Yet, Ethereum apps TVL is larger than that of the Bitcoin ecosystem L2s present the unique opportunity to substantial grow the Bitcoin apps market size Through L2s, the Bitcoin economy can truly be activated

Bitcoin L2s are a response to Bitcoin limitations L2s like Stacks bring new functionalities such as: • Smart contract programmability • Increased transaction speeds • Data availability These features will help drive Bitcoin innovation and scalability

L2s are enabling to build a DeFi ecosystem on Bitcoin Download a developer guide to Bitcoin DeFi to learn about: • DeFi building blocks • More complex protocols • Bitcoin DeFi basics and primitives • Building your own DeFi app on Stacks https://stx.is/BitcoinDeFiGuide

Dive into the latest Stacks and Bitcoin insights • The The Spartan Group released a must read Bitcoin layers report: https://bitcoinlayersreport.com/ • Stacks stands out in Binance Research 2024 trends for Bitcoin L2 projects: https://twitter.com/binance/status/1748163506979967332 • Electric Capital developer report reveals a growing focus from Bitcoin devs on L2s: https://www.developerreport.com/developer-report

The yearly ElectricCapital report on developer activity has been released The research clearly highlights two trends: • 40% of Bitcoin ecosystem devs are now focused on L2 and scaling solutions • Stacks is among the biggest ecosystem related to Bitcoin in 2023

The Nakamoto release will have a significant impact on Stacks It will change the security settings, the block production rules, and much more🧰 📢Make sure to join the 3 AMAs taking place from today until Friday You will learn everything you need about the upgrade👇 • Join the first session today at 10 PM CET to learn about the Nakamoto solution, the upgrade design overview and the new role as signers for stackers: https://x.com/i/spaces/1YpKkwDEBnVKj • The second part will be tomorrow at 9 PM CET, focusing on the overall mining protocol, the new block rules and the latest security implication for Stacks: https://x.com/i/spaces/1PlJQDoLgNXGE • The last session will take place this Friday at 6 PM CET with topics around the activation, implementation, and future work related to Nakamoto: https://twitter.com/i/spaces/1OwGWYDkyPAxQ

The Stacks roadmap marks essential milestones this year 🛣 The Nakamoto release will enhance Stacks security and bring faster transaction times ⏩ sBTC will activate the Bitcoin economy and make BTC a fully programmable asset 🟧 Time to scale the Bitcoin network!

The Stacks ecosystem is expanding rapidly, and it can be hard to keep up with it ⚡️ Do you want weekly updates on the Stacks ecosystem? 🤔 📕Stay in the loop with StacksSnacks latest newsletter and subscribe now: https://stx.is/StacksSnacks

The voting for the Nakamoto release will start soon⏳ The most known benefits are: • 100% Bitcoin finality • Faster transaction time But there is much more to know Explore the upgrade for a comprehensive overview and prepare yourself to vote 📖 https://stx.is/NakamotoGuide

The Fast Pool, one of the largest stacking services on Stacks, will be managed by Ryder from now on. There will be releasing many innovative features: • sBTC payouts • Liquid stacking collaboration • Instant off-ramp and on-ramp • Hot and cold wallet integrations Moreover, they will become Signers on Nakamoto and sBTC

The Nakamoto release is approaching, promising quicker transaction confirmation time⏳ But it will also fortify the Stacks chain by achieving 100% Bitcoin finality 💯 📖Learn more on how Nakamoto will enhance Stacks security: https://stx.is/NakamotoSecurity

Building on Bitcoin has been the contrarian approach for a long time But Ordinals, BRC-20s, and L2s are changing this view 🟧 The Bitcoin ecosystem is rapidly growing and scaling at an unprecedented pace Unlocking the Bitcoin economy is closer than ever 🔓

The ETF will enhance the Bitcoin brand and accessibility 🟠 Over time, it's inevitable that the demand for productive use of BTC will increase Stacks is positioned to facilitate these use cases and stimulate the Bitcoin economy 🌐

Bitcoin L2s are getting the spotlight and keep growing It's a great moment to learn about Bitcoin app development 🎒 🧑‍💻 Join the Bitcoin Primer course and learn the fundamentals of programming on Stacks and Bitcoin Sign up for free 👉 https://bba.dev/BitcoinPrimer

A new liquid stacking protocol is now on testnet 🎉 Papaya DAO allows you to deposit STX tokens and receive stSTX to use in the Stacks ecosystem But the stacking rewards will be distributed to users as sBTC 🟧 A great alternative to keep your STX liquid while earning Bitcoin

Join tomorrow's Stacks Community SIP Space at 12 PM ET 📅 📢 AcrossFire.btc and Akva will go over the STX20 standard and the impact it has on Stacks Explore in detail the realm of STX20 inscription and how they can evolve over time https://twitter.com/i/spaces/1ypKdkemZrrxW