SEC FILED GRAYSCALE DIGITAL LARGE CAP FUND LLC TO CONVERT INTO AN ETF TO BE TRADED ON NYSE
THE FUND HOLDS BITCOIN (75.46%), ETHER (17.90%), SOLANA (SOL) (4.13%),
XRP (1.86%) AND AVALANCHE (AVAX) (0.65%)
NEWS: the stacks nakamoto upgrade is successfully live!
- 100% bitcoin finality for stacks l2 transactions. the tx ordering and reversal protected by full bitcoin hashpower. satoshi’s idea from 13 years ago.
- fast blocks give latency of seconds instead of 10-40 mins of bitcoin.
- stacks no longer forks separate from bitcoin. only way to fork stacks l2 is to reorg bitcoin itself.
- mining becomes much more efficient giving higher btc yield for stacks holders.
- nakamoto sets the foundations for sbtc to go live, expected 4-6 weeks from now.
- core devs shipped this version focused on network safety, given massive upgrade. in the coming weeks more optimizations for network bandwidth and latency will go live. these upgrades are not consensus critical and will be normal node upgrades.
kudos to the core devs for the 1.5 years plus of insane work. they successfully installed a new engine on a plane that was in-flight — legendary work 🟧🚀