Stacks’ announcement comes hours after Bitcoin’s market cap reached a new all-time high.
Stacks, one of the leading Bitcoin layer-2 networks with smart contract functionality, has announced receiving a commitment from six new signers, including Blockdaemon, NEAR Foundation, DeSpread, Luxor, Chorus One, Kiln, Restake, and Alum Labs.
The organizations are joining Stacks’ existing list of signers that include Copper, Figment, Loganodes, Xverse, and Ryder, according to a March 5 press release, shared with Cointelegraph.
The new signers on Stacks aim to further enhance the network’s security and decentralization, according to Andre Serrano, sBTC Resident at The Stacks Foundation. Serrano wrote:
