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The Nakamoto upgrade from Stacks is now active, paving the way for the anticipated launch of sBTC in about a month.

In Brief

With the launch of the Nakamoto upgrade, Stacks has set the stage for the arrival of sBTC, which will enhance transaction efficiency and introduce a range of additional features.

Bitcoin Layer 2 blockchain Stacks Stacks has officially announced the commencement of the Nakamoto upgrade, which will set the technological foundation needed for sBTC's launch later this year. This upgrade aims to accelerate transaction speeds and bring a host of other enhancements.

sBTC is crafted to realize the full potential of Bitcoin as a programmable and effective asset designed for decentralized applications (dApps). It promises to streamline the development process on the Bitcoin network, keeping security and user experience intact. Additionally, the upgrade incorporates a Signer network that boasts partnerships with reputable names like Blockdaemon, Kiln, Luganodes, Copper, and Figment.

Now that the Nakamoto upgrade is underway, we anticipate sBTC will be available within the next four to six weeks. Alongside this development, Stacks is launching the '₿est and the ₿rightest' initiative, designed to inform the broader ecosystem about the growing potential for dApps, financial services, and beyond, all leveraging Bitcoin. This campaign will involve collaboration with various Bitcoin-centric companies, including miners, wallets, and exchanges, showcasing how they are integrating sBTC within the Bitcoin economy.

On top of that, new programs aimed at promoting the growth of sBTC will soon be introduced, providing chances for both new and established community members to enhance their Bitcoin investments for developers.

As the network shows increasing stability, the Stacks layer is poised for significant performance boosts as latency and throughput are improved. These enhancements will be rolled out progressively through updates that don't disrupt consensus.

With a growing number of partners now within the Stacks ecosystem, additional Stacking pools have emerged. Collaborations with Ortege and Signal21 will provide more accessible data. Updates have been made to the Stacking.tools platform, Lockstacks has been enhanced, and Stacking is expected to recommence in November.

The Aptos Foundation has announced a new integration with Stacks, allowing the transfer of Bitcoin into the Aptos ecosystem.

As a Layer 2 solution built atop Bitcoin, Stacks enables the deployment of smart contracts and dApps that utilize Bitcoin’s robust infrastructure. Earlier this year, it began rolling out implementations aimed at supercharging transaction speeds without sacrificing the security ensured by Bitcoin's finality. Nakamoto release The asset represents a non-custodial, programmable token fully backed by Bitcoin on a one-to-one basis, facilitating the decentralized transfer of BTC across various Bitcoin layers. sBTC Recently, the Aptos Foundation revealed that Stacks has successfully integrated Bitcoin into the Aptos ecosystem, making Bitcoin applicable within diverse dApps and use cases on Aptos, which operates using the Move programming language. This strategic move aims to open up fresh opportunities for developers to harness Bitcoin in inventive applications.

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Alisa Davidson