#Stacks (STX), a Bitcoin Layer 2 project, is set to make history with its highly anticipated Nakamoto Release, a network upgrade scheduled to go live within the next 30 minutes. This milestone could mark a major turning point for Bitcoin’s role in the decentralized web.
What is Stacks?
Stacks is a blockchain protocol that builds on top of Bitcoin, enabling smart contracts and decentralized applications (dApps) without modifying the Bitcoin blockchain itself. Unlike Ethereum or Solana, Stacks leverages Bitcoin’s existing security while adding programmability through a unique consensus mechanism called Proof of Transfer (PoX).
What’s Special About the Nakamoto Release?
The Nakamoto Release is a critical evolution in the Stacks roadmap.
Faster Transaction Finality: Bringing block times down to seconds instead of minutes.
100% Bitcoin Finality: Transactions on Stacks will now finalize with the same level of security as Bitcoin itself.
sBTC Launch Readiness: sBTC is a decentralized two-way Bitcoin peg, enabling Bitcoin to be locked on the base chain and used in smart contracts on Stacks.
This upgrade empowers developers to build DeFi platforms, NFT marketplaces, and DAOs using Bitcoin liquidity all without giving up Bitcoin’s security and decentralization.
For years, Bitcoin has been seen primarily as a store of value, lagging in terms of programmability. With Stacks and this new release, Bitcoin steps into a broader role: as the foundation for a fully decentralized financial system.
📈 Market Response
Stacks (STX) has seen notable price action in anticipation of this release, recently climbing over 12% in market value. Community sentiment is high, and several developers are preparing to launch new dApps as soon as the upgrade goes live.
