Stacks Begins 2-Step Rollout of Major ‘Nakamoto’ Overhaul
Summary
The Stacks blockchain is undergoing its largest upgrade to date, called Nakamoto. The upgrade will separate the Stacks block production schedule from Bitcoin's, addressing congestion issues caused by the two networks producing blocks at the same rate. Nakamoto will introduce a new method of producing Stacks blocks and update its proof-of-transfer consensus algorithm. Casual users are advised to ensure their wallets are updated, while those who stake their STX tokens can restake them when Nakamoto-compliant pools become available. The upgrade has resulted in a 16% increase in the value of STX tokens, pushing it into the top 25 tokens by market capitalization.
