is a unique L1 Blockchain with the potential to unlock trillions of $ in liquidity by becoming the smart contract layer of #Bitcoin.
Although relatively unknown to the wider crypto community, #Stacks is well positioned to succeed in making this a reality. Here's why🧵👇
Stacks already has the more scalable solution for NFTs.
If ordinals create an actual traffic jam on Bitcoin L1 then people will see it more clearly why Stacks stores only hashes of blocks.
When Bitcoin L1 NFTs get traction, users will soon realise that there is no way to swap those NFTs trustlessly on Bitcoin L1
and then users discover that there are Bitcoin layers like @Stacks that have the technical capacity to swap while state is anchored to Bitcoin
If you're using Clarity smart contracts, it's very difficult for a user to inadvertently sign a malicious transaction and lose their assets.
Why? Human readability and post conditions.
Clarity also makes expressive smart contracts on #Bitcoin possible via #Stacks💪🚀
access to a $1m multisig, and you'll see a cultural explosion through NFTs that will make the last bull look pathetic.
Happy to figure 90% of it out along the way. https://twitter.com/Stacks/status/1617657676389060611…
Stacking cycle #50 has ended at block #773050.
Stackers earned a total of 19 #BTC ($433,346) in stacking rewards at an average APR of 9.2%.
#Bitcoin#Stacks#Stacking
Stacking cycle #50 has ended at block #773050.
Stackers earned a total of 19 #BTC ($433,346) in stacking rewards at an average APR of 9.2%.
#Bitcoin#Stacks#Stacking
I don't think people realize what a big deal #sBTC is, as well as the enormity of the problem it is seeking to solve.
2023 is going to be an exciting year for #Stacks and #Bitcoin.
sBTC offers an alternate Bitcoin liquidity solution @trustmachinesco CEO @muneeb shares the advantages of sBTC. What use cases do you think sBTC will unlock?
Listen here: https://twitter.com/i/spaces/1eaKbrwBqAQKX?s=20…
and more in celebrating one year of ALEX and looking ahead to 2023
When: Wednesday, January 18th at 10:30AM EST
Register👇 and join for NFT giveaway 👀https://bit.ly/ALEX_Anniversary…
report measured this by developer activity. #Stacks is also a top-30 crypto project (at #28) as measured by total developers.
Explore the full report 👇
For #Stacking Cycle #50, there are a total of 390,980,684 STX ($90,160,145) stacked and earning #BTC at an average APR of 10.6%.
This stacking cycle will end at #Bitcoin block #773050.
Stacking cycle #49 has ended at block #770950.
Stackers earned a total of 22 #BTC ($372,845) in stacking rewards at an average APR of 8.0%.
#Bitcoin#Stacks#Stacking
"sBTC enables #Bitcoin to become a fully programmable asset that can become the backbone of Decentralized Finance and Web3."
But how does it work? Watch @xverseApp CEO @YukanL explain how this peg-system works
Liquidium, the first NFT lending procotol on @stacks, is live on mainnet https://liquidium.finance
Now you can borrow $STX against your @MegapontNFT ape
More information about the launch, a
has been one hell of a ride. With only two days left in 2022 - this feels like a good time to reflect on my accomplishments and my shortcomings. But that’s boring. So here’s a little 🧵 full of shoutouts and flowers. 🌷🌻🌸
NEW: we’re releasing two papers that enable trustless movement of BTC in/out of Bitcoin layers; unlocking the full potential of Bitcoin in DeFi & web apps.
A trustless two-way Bitcoin peg has been a holy grail problem for a decade.
More details
#Stacks artist highlight 💜
Introducing @boozyBTC
1⃣ Two "Hooch Haus" collections sold out
2⃣ "See Yourself Out" collection sold out
3⃣ "Boozy Unleashed" collection sold out
⭐️ Most important fact: helps other NFT artists succeed in the NFT space
Let's appreciate @boozyBTC 👏
For #Stacking Cycle #49, there are a total of 467,767,878 STX ($106,230,085) stacked and earning #BTC at an average APR of 8.1%.
This stacking cycle will end at #Bitcoin block #770950.
Stacking cycle #48 has ended at block #768850.
Stackers earned a total of 24.9 #BTC ($419,276) in stacking rewards at an average APR of 7.7%.
Merry Christmas and Happy Holidays! 🎄🎅❄️☃️#Bitcoin#Stacks#Stacking
ALEX with sBTC enables you to lend your #Bitcoin without credit risk.
Since borrowers must submit sufficient collateral for the smart contract to execute, lenders can earn interest without any worry the borrower won't pay back the loan.
Spent the AM crunching numbers on BNS vs. ENS vs. Unstoppable registrations, revenue, secondary volume. Messy on chain data so hard to make clean comparisons. Will share some findings soon.
is to grow the #Bitcoin ecosystem by enabling developers to create new use cases that will onboard the mass market, without a need to change the base layer
The STX token is collateral backing BTC peg-out offering the highest level of decentralization
👇https://twitter.com/muneeb/status/1603066691956736000…
BREAKING NEWS: Trustless Two-Way #Bitcoin peg (sBTC) is coming and outlined in the paper below:
https://assets.stacks.co/sbtc.pdf
The need for trustless movement of #BTC in/out of #Bitcoin layers has never been greater and will be a massive unlock.
NEW: we’re releasing two papers that enable trustless movement of BTC in/out of Bitcoin layers; unlocking the full potential of Bitcoin in DeFi & web apps.
A trustless two-way Bitcoin peg has been a holy grail problem for a decade.
More details
Big announcement tomorrow?? I was told Christmas is coming early this year 🎄🎅❄️☃️🎁🎄
Set a reminder and don't forget to tune in at 11am!
#Stacks#Bitcoin#christmasiscoming
Hank and I are thrilled to announce that we are working on a BNS upgrade. We believe that on-chain identities backed by Bitcoin have the potential to revolutionize Stacks and Web 3.