Stacks Updates

For the Nakamoto upgrade to proceed, we need your votes 🗳 🤔 But how familiar are you with the Nakamoto release? Challenge your knowledge with this Quiz to ensure you're prepared to vote: https://buff.ly/3RnXe7D Moreover, explore every aspect of the Nakamoto release with the guide linked below🔎 This resource will equip you for the voting process, providing a comprehensive overview of the upgrade 👉 https://buff.ly/47P1ELA

Scaling and activating the Bitcoin economy is the mission of the Stacks ecosystem 🛠 💫 Give a shoutout to the best Stacks projects, builders, and community members Vote for your favorite Stacks contributors in 2023 👉 https://buff.ly/3GDYkaj 📺 Moreover, don't miss the Space for the awards taking place tomorrow: https://buff.ly/3RCJjMa

Bitcoin halving is approaching, meaning sBTC and Nakamoto activation is close Nakamoto promises faster blocks and 100% Bitcoin finality sBTC will unlock Bitcoin-backed applications, enabling new possibilities for BTC holdings Bitcoin Layer 2s are maturing rapidly!

Figment, the leading staking solution for institutional players will support STX stacking Additionally, they're offering user-friendly infrastructure options for sBTC network signers They're paving the way to position sBTC as a go-to asset in the Bitcoin ecosystem Read the whole announcement here: https://figment.io/insights/figment-to-enable-bitcoin-l2-rewards-with-upcoming-support-of-the-stacks-layer

The VanEck recent article highlights trends they expect in 2024 Smart contract apps unlocking new Bitcoin yield opportunities is one of them It's time for the Stacks DeFi ecosystem to thrive and enable new use cases for Bitcoin

As the year comes to an end, it was clearly a standout one for Bitcoin Ordinals, BRC-20 tokens, and L2s have revived the Bitcoin culture Now is the time to double down on development and help new users in their Bitcoin journey

Join us today for an exciting AMA happening in just a few hours! 🔍 Explore the dynamics of using sBTC as gas and dive into the enhanced sBTC peg-in experience with OP_DROP Don't miss out! 📢 Tune in here: https://twitter.com/i/spaces/1BRKjPOOpLNJw

sBTC and the Nakamoto upgrade will unlock new DeFi use cases for Bitcoin But why not familiarize yourself with the Stacks DeFi ecosystem right now? • Zest Protocol: A BTC lending protocol • Bitflow Finance: A Bitcoin focused DEX • Hermetica Finance: Bitcoin vaults strategies • ALEX Lab: Bitcoin DeFi products • Arkadiko Finance: Self-Repaying loans What kind of DeFi products would you like to see on Bitcoin L2s?

sBTC opens doors to Bitcoin-backed apps, but other perks can also be integrated: • sBTC as gas for a smoother experience for BTC holders • Simplify BTC to sBTC peg-in via OP_DROP mechanics 📅Join the AMA this Friday to explore these features in detail: https://twitter.com/i/spaces/1BRKjPOOpLNJw

Two prominent Web3 investment firms have recently dropped their analysis on Stacks and Bitcoin Layer 2 solutions. Here's a glimpse into their key insights: 🔍 Strong Bitcoin Blockspace Demand: The surge in demand, especially fueled by Ordinals and BRC-20, proves a robust appeal of Bitcoin's blockspace 🌐 Reinforced Global Asset Status of BTC: Bitcoin's ongoing strengthening of its brand and the potential incoming Bitcoin ETF further solidify its position as a global asset ⚡️Growing Demand for Active BTC Use: The increasing demand for actively using BTC to enhance its utility is a clear indicator of the evolving landscape These milestones and narratives are confirming the need for Bitcoin L2s, such as Stacks, to explore more complex BTC applications. Moreover, the upcoming Nakamoto and sBTC upgrades are poised to unleash a wave of innovation and possibilities for DeFi and Web3 apps in the Bitcoin ecosystem. Read the investment firm thesis here: • North Rock Capital LLC - https://medium.com/@halp1120/stx-thesis-update-cd09b7f2cce8 • Portal Ventures - https://portal.vc/bitcoin

Exciting to witness the increasing adoption of sBTC, paving the way for a thriving Bitcoin economy! 🚀 Over 150 users have tried out the Hermetica Finance application integrating sBTC! Moreover, great work from Bitflow Finance DEX on integrating sBTC swaps on testnet The community input is crucial in refining the user experience for sBTC and get one step closer to activating Bitcoin-backed DeFi via sBTC BTC holders will finally be able to productively use their holding in many different ways 🟧

The Nakamoto and sBTC upgrades will happen only if the community votes on moving forward with the SIP To facilitate informed voting, educational resources, and crucial discussions have been prepared Learn more about voting and access resources below👇 https://buff.ly/3N6G6Sx

The Stacks token emissions is a key factor for miner participation and network growth In fact, token emissions will also influence the overall impact of sBTC Join the AMA this Friday at 12pm ET to discuss the necessity of changing emission schedule: https://twitter.com/i/spaces/1ypKdkayXRrxW/ Moreover, read the latest reports and recommendation on STX emissions here: https://forum.stacks.org/t/stacks-halving-schedule-reports-and-recommendations/15774

Every Stacks builder is focused on developing its own product and service ⛏ But shaping the narrative and spreading your message is key to a successful app 📣 📝 Join the Bitcoin writers cohort to learn how to get amplified by the community and connect with builders Register now as the first cohort will be starting December 7th: https://bitcoinbuildersassociation.com/writers

The XLink bridge will connect the Bitcoin ecosystem to other EVM chains 🌉 ALEX Labs work will help create new opportunities to develop innovative use cases Activating the Bitcoin economy also means increasing its interoperability with the overall Web3 world

The Hiro Hacks is a great initiative to start building Web3 on Bitcoin 🛠 Weekly coding challenges with BTC prizes will start from December 1st The 10 best weekly project submissions will earn 300K sats each! 🤯 Register now to Hiro Hacks: https://www.hiro.so/hacks

Bitcoin is the most-known cryptocurrency worldwide 🟧 So many own BTC but can't do much with it As L2s unlock Bitcoin DeFi and NFTs, they will benefit from the Bitcoin network effects Solving pain points for BTC holders is a huge market opportunity 😉