Stacks Updates

The excitement around Bitcoin keeps rising. But what is even more interesting is how Bitcoin L2s are maturing. They enable the DeFi blocks to emerge and unlock new utilities for Bitcoin as an ecosystem. L2s are here to move Bitcoin forward!

According to Lunar Crush, Stacks has witnessed one of the largest increases in social activity. 🚀 With Bitcoin L2s gaining more adoption, Stacks' social interactions are up nearly 16,000%. 📈 People are realising the potential of L2s in scaling the Bitcoin ecosystem.

Why are L2s so important for the Bitcoin ecosystem? 🤔 They boost the demand and utility for BTC. L2s enable DeFi apps and faster transactions, encouraging more productive use of BTC holdings. 📈 To expand Bitcoin reach, it must evolve to attract new attention.

The Ready Layer 2 competition is just 2 weeks away! 🚀 Join the hackathon to showcase your Bitcoin product and compete for: • $15,000 prize pool • Features in Stacks social channels • Mentor assistance & accelerator interviews Register now at https://readyl2.com/

Both Alex Miller and Will Foxley agree that Community is the most important aspect of any product/service. Bitcoin L2s and DeFi are addressing a huge community demand for Bitcoin productive use cases. Next up is a deep dive into liquid stacking and Stacks technical sessions👇🧵 https://t.co/3F5Wd6lZUb

According to Muneeb, L2s will be the main source of innovation for the Bitcoin ecosystem. They will enable applications with BTC as the asset. Follow the Building on Bitcoin panels live to learn about Bitcoin future. https://www.youtube.com/watch?v=zv_eu4D18rs

Why Bitcoin L2s are needed? Dovey Wan explains her vision on how L2s can help Bitcoin become the center of the global digital economy Join the next Building on Bitcoin panels in live: https://www.youtube.com/watch?v=zv_eu4D18rs

Starting Soon: Live Building on Bitcoin Virtual Event Join us live today, starting 10AM (ET). Developers are awakening to the possibilities of building on Bitcoin. The original blockchain is home to more than just boring old BTC; Layer 2s, DeFi apps, and more are making the Bitcoin economy click. Kickstarted in part by the rise of Ordinals and BRC-20s, bitcoiners of various stripes are now ensnared in a lively debate: What is Bitcoin for? 🟧 Full schedule available in description of the YouTube live stream. 🟧 Time: 10AM - 3PM (ET) Link to the live stream 👈

In case you missed it, Grayscale released their 2024 Bitcoin report. They recognize that Stacks stands out among L2s and pushes the Bitcoin ecosystem forward. Dive into Grayscale's analysis of Bitcoin's evolution: https://www.grayscale.com/research/reports/2024-halving-this-time-its-actually-different

Over 1000 voters have already contributed to the Nakamoto voting process! 🎉 This release aims to achieve faster blocks, Bitcoin finality & more. The voting window will close in approximately 3 weeks. Don't miss out the opportunity to have your say: https://stx.eco

Stacks is all about powering the Bitcoin economy. Nakamoto will make the chain faster and inherit 100% of Bitcoin finality. sBTC will enable the deployment of BTC in DeFi and dApps, unlocking new use cases.

Building on Bitcoin is happening in less than a week⏳ Bitcoin is becoming more exciting thanks to L2s, Ordinals, and DeFi. It's time to explore what is in store for Bitcoin future development. 🧪 Register now for the virtual event: https://bitcoinunleashed.org/feb-22

The Messari State of Stacks Q4 report is here! 📊 Highlights include: • STX’s growth outpaced the overall crypto market • DeFi TVL surged to $61M, with ongoing protocol developments • Average daily addresses and transactions are on the rise Check the whole Messari report here: https://buff.ly/49Dowyg

The sentiment about the Bitcoin ecosystem hasn't been so positive in a long time. L2s are maturing, new Bitcoin apps are emerging, and innovative use cases are being unlocked. 🔓 The time to double down on Bitcoin development is right now.⏳

Bitcoin is already the oldest, most decentralized, and most reputable digital asset Builders can leverage the network effects of the chain by building on top of it The demand for BTC-focused protocols is here. It's just a matter of who will build them first.

The analytics platform for on-chain data OrtegeAI is integrating Stacks. 📊 Builders will soon be able to create dashboards to find insights and analytics on the Stacks ecosystem. 🔍 Discover more about the integration here: https://stacks.org/ortege-stacks-integration

Bitcoin is the most known digital asset in the world. Yet the application ecosystem on top of it is small. Therefore, many holders can't do much with their BTC. L2s are the opportunity to create Bitcoin-focused apps that address BTC holders' needs.

The voting for the Nakamoto upgrade is live! The release will lead to 5-sec blocks production and 100% Bitcoin finality. Here is a step by step tutorial on how to cast your vote for Nakamoto: https://stacks.org/nakamoto-voting-tutorial If you are looking for more info on the upgrade, check here.