Overview
The Stacks L2 network, which allows for the creation of decentralized apps and smart contracts on the Bitcoin blockchain, is preparing for a major upgrade called Nakamoto. This upgrade is expected to significantly improve the speed and security of the Stacks ecosystem.
Key Features of the Nakamoto Upgrade
Fast Block Production: The upgrade will separate block production from cryptographic sorting, allowing miners to produce more blocks simultaneously. This will significantly increase the speed of the Stacks blockchain.
Increased Bitcoin Finality: The upgrade will make it virtually impossible to reverse a Stack transaction or fork the Stacks blockchain, bolstering its immutability and security.
MEV Resistance: The upgrade will alter the sortition algorithm to ensure that Bitcoin miners do not have an advantage over Stack miners, promoting a level playing field within the ecosystem.
1:1 Tie with Bitcoin Block Production: The upgrade will synchronize Stack block production with Bitcoin block production, further increasing speed and security.
Benefits of the Upgrade
The Nakamoto upgrade is expected to:
- Attract more builders to the Stacks ecosystem
- Lead to the development of new DApps and projects
- Increase the value of the STX token
Release Date
The Nakamoto upgrade is scheduled to be released on April 16th. The Stacks community is eagerly awaiting the launch of this upgrade, which marks a new chapter for the L2 Bitcoin solution.
