Stacks Updates

The @Stacks Harvard hackathon resulted in 200+ participants and 24 projects launched. 🟧 The amazing work of @easya_app and @hirosystems is forming the next generation of Stacks Builders. Bitcoin L2s become more exciting when new talent and ideas come around.

Stacks DeFi interest and activity are rapidly growing. Signal21 on-chain data dashboards showcase this growth. DeFi TVL and transaction count have been rising since December. Great work by Stacks Builder that keeps making the ecosystem more interesting.

Building new Bitcoin-focused apps starts with training developers.🧑🏿‍💻 With the LearnWeb3 partnership, a coding degree for those interested in building on Bitcoin is live.🧑🏿‍🎓 Check the program if you want to be part of unlocking $1T in Bitcoin capital: https://learnweb3.io/degrees/stacks-developer-degree/

In the last few months, many DeFi protocols have been launched on Stacks. 🚀 But let's not forget long-standing company on Stacks like BlockSurvey. 🗳 They are now live on Product Hunt to get bring new attention to their service and Stacks. 🚨 If you want to support them, make sure to upvote and comment on their Product Hunt page.

Many @Stacks standard (non-consensus breaking) proposals are worth monitoring.💡 It's time to highlight the various ideas and discuss ways to improve the SIP process. 📅 Join tomorrow's SIP space at 12 PM EST for the standards overview. https://twitter.com/i/spaces/1ypJdkOkzaLGW

The (re)Stacking Day & Giveaway Week is here 🧡 With all the STX unlocked, it's the perfect opportunity to start Stacking. 🔓 There are many rewards for participants, from 5k STX to Ryder Wallets and more. 🎁 And it's easy for anyone to start Stacking thanks to community pools and Liquid Stacking protocols. Learn more on how to participate: https://stacks.org/restacking

With the Nakamoto upgrade, Stacking plays an important role in securing the network. Signers will validate and approve each block produced. By onboarding the leading enterprise node operators, Stacks will be more decentralized and secure.

The Nakamoto and sBTC will have massive benefits for Stacks: • Seconds-fast transactions improving UX • Increased security with full Bitcoin finality • Unlock $1T Bitcoin economy with sBTC The moment for Bitcoin L2s to scale Bitcoin is here.

Stacks ecosystem first 4 months have been impressive: • The Nakamoto instantiation went live • Stacks DeFi TVL reached an all-time high • Many investors expressed excitement on Bitcoin L2s • Increased social activity according to Lunar Crush

The Stacks DeFi ecosystem is growing fast. • Hermetica Finance option vaults • Zest Protocol lending markets • Arkadiko Finance stablecoin borrowing • Stacking DAO & Lisa Liquid Stacking • Bitflow Finance, Velar & ALEX DEXs And more apps will be built.

The instantiation was just the first step of the Nakamoto release. The Nakamoto features, such as fast blocks and Bitcoin finality, will go live in the activation phase. After the Nakamoto upgrade is completed, sBTC will become the main focus.

The "Building on Bitcoin" virtual event is in 2 days! The Bitcoin halving, Runes, and the Nakamoto upgrade are attracting the interest of new users. Join Bitcoin builders and investors to learn how and why Bitcoin is rapidly growing. https://bitcoinunleashed.org

Nakamoto Starts Rolling Out 🟧 Today, the first of two hard forks went live thanks to miners, node operators, exchanges, Signers, and more. This means there’s only one step left before Nakamoto’s fast blocks, Bitcoin finality, and other improvements are available to everyone! This release comes after over a year of design and development, community feedback, and rigorous testing. As a reminder, Nakamoto is following a two-step rollout plan, the next step after today’s ‘instantiation’ step is “activation,” slated for May 15-29. Learn more 👇

It has been a massive week for the Bitcoin ecosystem: • Bitcoin halving completed • Runes standards launched • Stacks Nakamoto instantiation on Monday Bitcoin interest keeps rising, and it's time to scale the network with L2s.

After the Nakamoto, sBTC will be the next big release. It will unlock the Bitcoin economy by empowering DeFi and protocols focused on BTC. With faster blocks post Nakamoto, users will also enjoy an improved UX. These two releases are big milestones for Bitcoin L2s adoption.

Want to learn about the best security practices that Stacks community can apply? Security is a huge topic in the crypto space that always stays relevant. Join tomorrow AMA at 6:00 PM CET to discuss wallet safety, smart contracts risks, and more. https://x.com/i/spaces/1vAxRvVbgXkxl

The Stacks Nakamoto instantiation is happening this Monday.⌛️ It will mark the initial phase of the upgrade process, ultimately leading to faster blocks and Bitcoin finality. The release the community has been waiting for a long time is almost here!

Bitcoin L2s are getting more spotlight from top-tier media. Both Decrypt and Forbes covered Stacks and the Nakamoto upgrade. More and more people are discovering Bitcoin L2s; A great step to onboard new people. Here are the articles: Forbes -> https://buff.ly/4b0NeJD Decrypt -> https://buff.ly/49H81AT

Bitcoin has been viewed only as a store-of-value asset for a long time. L2s are slowly enabling the development of a digital economy on top of Bitcoin. With the Nakamoto upgrade and sBTC release, Stacks will further accelerate this transition.

Stacks network has been integrated into @Galxe. Galxe is the leading tool for incentivizing crypto communities' growth and retention. Stacks apps can now track users' on-chain actions through quests and reward community contributions. Learn more about the integration here: https://stacks.org/galxe-integration