Key Points:
One is achieving 100% finality on Stacks Layer 2 transactions. This means that once confirmed, a transaction can never be reverted. It gives the user the security of finality on top of stability. Moreover, the ordering and reversing of transactions are now powered by the full hash power of Bitcoin, hence wholly secure.
The Nakamoto upgrade introduces, among other things, the feature of “Fast Blocks,” which reduces transaction delays from 10 to 40 minutes on the Bitcoin network to just a few seconds on Stacks. This is expected to increase user experience and make the platform more developer-friendly.
Read more: Bitcoin Spot ETF Inflows Reach $479M, Led by BlackRock’s $315M
Stacks no longer forks from Bitcoin. The only possible fork of Stacks Layer 2 is achieved by reorganizing Bitcoin itself, which provides greater coherence with the Bitcoin network and a reduced risk of fragmentation.
The Nakamoto upgrade lays the groundwork for the upcoming launch of the SBTC, which is anticipated within the next 4 to 6 weeks. The core developers indicate that this release focuses on network security and is a major upgrade, with more optimizations coming in the next few weeks for network bandwidth and latency. These updates are considered regular node upgrades rather than changes that are critical to consensus, but they are important for improving the overall performance and reliability of the Stacks network.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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