(CoinDesk TV)

OG Bitcoin L2 Stacks Is Getting a Major Overhaul

Summary

Stacks, a Bitcoin layer-2 network, is set to launch the Nakamoto upgrade on April 16, aiming to significantly increase its speed. The upgrade will introduce parallel processing to address slow settlement speeds and decouple Stacks from Bitcoin while bringing the two networks closer together. Additionally, the network plans to introduce a "trust minimized" bridge called sBTC to facilitate porting BTC into the Stacks economy. This move is expected to improve Bitcoin's user experience and enable commercial Bitcoin applications.