Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and scalability.
Stacks reached a new all-time high in smart contract deployment just days before the much-anticipated Nakamoto upgrade is fully activated.
Stacks, the Bitcoin network’s smart contract layer, reached a new all-time high of over 1,400 monthly smart contracts deployed.
Stacks announced the record high in a Sept. 7 X post:
The Bitcoin Lightning Network’s Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces stronger transaction finality guarantees, reduces miner extractable value (MEV) opportunities, and improves network resilience. Additionally, the upgrade prepares the network for the introduction of sbtc, […]
Stacks has initiated the rollout of its Nakamoto upgrade introducing improvements to its Bitcoin layer two (L2) solution. The upgrade aims to bolster transaction speed and security, potentially revitalizing interest in Bitcoin’s extended capabilities. Stacks Initiates Nakamoto Upgrade, Targets Enhanced Bitcoin Scalability Stacks, an L2 protocol addressing Bitcoin’s scalability challenges and expanding its blockchain functionalities, […]