Stacks, the leading Bitcoin layer 2, saw its highly anticipated Nakamoto upgrade roll out begin today. Serving as a scaling solution for the Bitcoin network, Stacks empowers developers to create smart contracts and build applications atop the most valuable, decentralized, secure base layer, bringing new use cases to the Bitcoin economy.
Bitcoin is the most secure, robust, user-ready, and untapped crypto asset – and the market is now awakening to the potential of Bitcoin as the foundational layer for DeFi and more. The rise of Bitcoin layer 2 solutions empowers developers to build a plethora of new applications and solutions for borrowing and lending, swapping assets, trading Ordinals and NFTs, and more, effectively expanding Bitcoin’s utility.
The advancements made by layer 2 solutions, exemplified by the Stacks Nakamoto upgrade, will significantly contribute to this resurgence. Bitcoin, when coupled with layer 2 solutions like Stacks, fosters an economic ecosystem
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