Stacks has successfully completed a 500% upgrade to its network capacity, enhancing its position as a leading Layer 2 solution for Bitcoin. This upgrade follows the Nakamoto launch planned for the fourth quarter of 2024, which promises 100% Bitcoin hash-power security and faster block times. The improvements are expected to facilitate increased application development and heavier network usage. Additionally, partnerships with various teams, including l2scan and UTXOstack, aim to enhance the Bitcoin staking experience and unlock Bitcoin's potential in decentralized finance (DeFi). Stacks is poised to support over 1,000 transactions per second (TPS) as it integrates more unique Bitcoin use cases into its ecosystem.
What I'm expecting in 2025: > Over 1000 TPS capacity > Fees going brrrr on other L2s, while Starknet fees stay low (just wait for Starknet v0.14.0 brothers 🧑🍳) Leveraging these great performance improvements: > Real and unique Bitcoin use cases finally emerging on Starknet >… https://t.co/pNbdux2YGC
🚀 Excited to partner with @utxostack, a decentralized liquidity staking layer for a Hybrid Lightning Network. 🌐 Together, we're unlocking Bitcoin's full potential as a dynamic force in DeFi, bridging Bitcoin to new horizons, and revolutionizing the #Bitcoin ecosystem. 🌟… https://t.co/hHCzPqafjU
Excited to partner with a phenomenal team that's doing the incredibly important (and hard!) work to make bitcoin programmable. https://t.co/iy7Az7YW89