Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Stacks’ Nakamoto upgrade is now live, introducing “fast blocks” and “Bitcoin finality” mechanisms

Stacks’ Nakamoto upgrade is now live, introducing “fast blocks” and “Bitcoin finality” mechanisms

CointimeCointime2024/10/29 07:36
By:Cointime

On October 29th, Muneeb Ali, co-founder of the Bitcoin Layer2 network Stacks, announced on the X platform that Stacks' Nakamoto upgrade has been successfully launched. With this upgrade, for Stacks Layer2 transactions, Bitcoin's finality reaches 100%, transaction sequencing and reversal are protected by all of Bitcoin's hash power; "Fast Blocks" will be shortened to a few seconds, rather than Bitcoin's 10-40 minutes; Stacks is no longer forked from Bitcoin, and the only way for Stacks L2 to fork is to reorganize Bitcoin itself;

Nakamoto laid the foundation for SBTC's launch, which is expected to be launched within 4-6 weeks from now. Core developers have released this version, focusing on network security and conducting large-scale upgrades. In the coming weeks, more optimization measures will be launched for network bandwidth and latency; these upgrades are not consensus-critical upgrades, but normal node upgrades.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!