The code writing for the Nakamoto upgrade of Bitcoin L2 network Stacks has been completed
The Stacks Foundation for the Bitcoin L2 network, Stacks, stated on platform X that Nakamoto's code writing has been completed ahead of schedule (July 15th) and is currently undergoing internal and external audits, testing, and bug fixes. It is reported that the Nakamoto upgrade will separate the block production schedule of Stacks from Bitcoin's and introduce a new way to produce Stacks blocks by updating its transfer proof consensus algorithm. The Stacks Nakamoto upgrade will achieve transaction speeds of around 5-10 seconds, approximately 100 times faster than current transaction speeds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Renowned Crypto Analyst Makes an Unbelievable $60 Prediction for XRP
An ancient Bitcoin wallet was awakened, turning $120 into $3 million
Zcash tops $1,000 as ETF inflows ramp up and miners pile in
Top Analyst Says “$1.10 Is the Level I’m Watching Next”. Here’s why
Crypto prices
More
