$STX native does not have a fixed supply.
Bull: Bitcoin staking takes off โ institutions need STX โ STX gets bought and locked โ demand and network activity grow.
Bear: Adoption stays modest โ STX demand remains weak โ issuance continues โ STX stays a high-beta bet
@LBC@BenKentish This host is an absolute prick who clearly lacks the intelligence or the ears to listen to the callers reasoning. The host is insecure and lacks real belief about his own views and as a results insults the caller with his sarcasm. Prick
NEWS: stacks brainiacs release overview of a *fully self-custodial* sBTC upgrade.
you thought stacks nakamoto was a big deal? get ready for the stacks satoshi upgrades ๐ฅ๐
with the satoshi upgrades stacks will get:
- fully self-custodial sBTC while itโs at rest on the L2 wallets or used in L2 payments.
- when sBTC moves into smart contracts default owner of underlying BTC is a decentralized signer set but we can do better! enter bitcoin post conditions: the underlying BTC can be in L1 scripts that work with L2 contracts to precisely define when and where the L1 BTC can move.
- self-custodial sBTC minting opens up doors for institutional players who want to mint from their own segregated custodial addresses (for compliance requirements).
- trustless sBTC L2 payments like lightning (unilateral withdraw) without any liquidity or routing challenges of lightning.
- ability to pay network fees in sBTC, which also result in increased protocol revenue while maintaining STX as underlying infra asset (sBTC swaps for fees underneath).
- consensus upgrades for dual staking where both BTC and STX can provide economic security for fast consensus (after 1 bitcoin block, security remains 100% bitcoin hashpower). bitcoin holders can earn BTC on BTC yield from consensus and can boost the yield by locking STX on top.
- value accrual mechanism for STX where gas fees increase protocol revenue & STX demand, and dual staking gives increased utility for STX (for yield boost).
- faster and more reliable consensus rails, stacks VM upgrades for performance and dev UX. And much more.
A more detailed overview in the link Iโll post below in a few hours. are you ready anon?
stacks satoshi upgrades are coming! the bitcoins must flow ๐ง
alex miller (@alexlmiller) telling congress:
- how stacks (STX) is one of the oldest and largest bitcoin programmable layer.
- a proud US based project.
- one of the only crypto that launched with a SEC qualified offering.
- why we need clear rules.
@real_Wolff@CallMeHunch This guy has always been a sell out, just look at his posting history, always fades STX and next min he then supports it. No wonder why he complains that no one hires him as an ambassador