STX DEFI SZN: Sprint 2 Quests Live STX DEFI SZN - Earn from | Stacks Network on Binance Square

Trending Articles

Bookmarked and Liked

--

STX DEFI SZN: Sprint 2 Quests Live
STX DEFI SZN - Earn from a 50,000 STX rewards pool by completing on-chain Bitcoin DeFi quests and build up XP for future rewards.
New quests are all about stablecoins. Learn more below.
https://www.stxdefi.com/

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

STX

0,751

-0.53%

BTC

117 808,85

-0.13%

346

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Stacks

Explore More From Creator

Everything is happening on Stacks.

--

SIP-031 vote update: With nearly 230 million in STX voting power cast, SIP-031 is showing 96.66% in favor of SIP approval. Voting will wrap up in ~ 2 days, so be sure to get your votes in if you haven't yet! Vote at https://stx.eco

--

The Satoshi Upgrades: Self Custodial sBTC. Overview of Technical Advancements: Self-custodial minting: A programmable Bitcoin asset would ideally require that any transaction that could move a Bitcoin holder's underlying BTC must be signed by them, thereby eliminating any custodial risk. As we’ll show later, using a combination of zero-knowledge proofs, HTLCs and the fact that Stacks nodes have access to Bitcoin state (and therefore can independently verify the existence of any given Bitcoin transaction), it is indeed possible to design this into sBTC. Extra care must be taken when transfers happen to other users or into a smart contract – when transferring to another Stacks user, the custody of the underlying BTC needs to be updated accordingly; while when deploying to a smart contract, ownership moves to a decentralized signer set by default. A new data structure, called the Redemption DAG, is used to manage and track all these state changes on the Stacks L2. Post-conditions on the underlying Bitcoin: When self-custodial sBTC is transferred into a smart contract the default is that the underlying BTC is held by the sBTC signer set. While this is adequate for many situations today, certain use-cases might desire more control over the underlying BTC and we can enable this. The high-level idea is that just like there are post-conditions for Stacks transactions, we can introduce post-conditions that govern the custody of the underlying Bitcoin. For instance, a lending application could specify (in their Clarity contract) that upon liquidation, the BTC will be released to a particular bitcoin address. This is only possible because Stacks has full access to Bitcoin state and is tightly integrated with the Bitcoin L1.

--

The Stacks ecosystem is proud to be at the forefront of crypto innovation. Stacks is leading the charge for broader crypto adoption. - Video: STX Eco Core Org Hiro's CEO Alex Miller testifying in Washington DC on how Congress can deliver for clear, mod

--

The Bitcoin dominance will continue to grow. The Stacks thesis by STX Founder @muneeb.

--

Latest News

Arthapala Suspected of Large-Scale ETH Transactions to CEX

--

Bitcoin Spot ETF Sees Significant Inflows in Recent Days

--

Bitcoin(BTC) Surpasses 118,000 USDT with a 0.43% Increase in 24 Hours

--

Spruce Technology HK Limited Secures Key Licenses from Hong Kong SFC

--

Bitcoin's July and October Performance Analyzed for Historical Growth Trends

--

Préférences en matière de cookies

Préférences en matière de cookies