The Stacks Network’s Nakamoto Upgrade is ushering in a new era of scalability for DeFi on the Bitcoin ecosystem.
Stacks (STX) — the largest Bitcoin layer-2 network in terms of market capitalization, one of the oldest and most dedicated Bitcoin (BTC) projects and home to a thriving ecosystem — is undergoing the biggest upgrade in its history. It will change how many perceive Bitcoin.
On Aug. 28, the network's Nakamoto Upgrade will activate. It will cause several fundamental changes, among them:
These advancements will be game-changers for the ecosystem of decentralized finance (DeFi) applications built on Bitcoin.