MCN.btc

#HODL, #DeFi, #Bitcoin, #NFT, #Blockchain #BNS

[HeroGamer⚡ @herogamer21btc]

📢 @Stacks Nakamoto Release voting is now LIVE🔥

🏅Be part of @Stacks upgrade history.

✅ Vote here: https://t.co/2lb6vTgTVP
✅ Step-by-step tutorial here: https://t.co/JGPFlcaY2n

🟧 #Nakamojo #governance #SIP

[stacks.btc @Stacks]

The Bitcoin network has entered a renaissance phase 🟧

The potential of unlocking $850B+ of dormant capital.

@TheSpartanGroup latest Bitcoin layers report analyzes Bitcoin's ecosystem evolution, featuring insights on L2 #Stacks

Check out some key takeaways below ⬇️ 1/10

[stacks.btc @Stacks]

@TheSpartanGroup The full Bitcoin L2 Report by Spartan Group 👇
https://t.co/7KYiM3836Z

[Ryder - Control Without Complexity @RyderWallet]

We're proud to introduce @TheFastPool one of the 1st & largest Stacking Pool (~90M USD TVL) in the @Stacks ecosystem will be operated by Ryder.

From here on out, you can expect more innovation:
✅Future sBTC payout
✅Liquid Stacking
✅Off-ramp & On-ramp

https://t.co/rQGPK5F65J

[stacks.btc @Stacks]

The resurgence of Bitcoin. Is Bitcoin DeFi Summer starting early? ☀️🧡

Tune in today w/ hosts @TychoOnnasch from @ZestProtocol, @philiphacks from @StackingDao, & guest @dylan_ from @bitflow 👇
https://t.co/PDMo8YQE1i

[stacks.btc @Stacks]

Thesis driven hedge fund @NorthRockLP shares excitement leading up to the Nakamoto launch 🧡

[stacks.btc @Stacks]

Thanks to relentless building in 2023, Bitcoin is set up for a banner year in 2024. Late April will see the Bitcoin halving and the Nakamoto release for the Stacks layer.

To celebrate this, we're raising our Bitcoin flag higher than ever and inviting you to join us. 👇 (1/2)

[Stacking DAO @StackingDao]

stSTX on @Stacks has been live for one week now. And it's been a big one 🥳

- $5m TVL in 7 days, that's almost 10% of @Stacks TVL
- 6900+ unique deposits, 3250+ referrals, and 1200+ frens in the tg chat

So what's the roadmap from here? Let's dig in 🧵

[muneeb.btc @muneeb]

Bitcoin 🤝 Solana.

[muneeb.btc @muneeb]

Pyth oracle is now live on Stacks!

Developers can now access 400+ price feeds for Stacks L2 apps.

This shows growth in Bitcoin L2 space generally; it’s emerging as an important category for service providers.

@PythNetwork 🤝 @Stacks

[andre.btc @andrerserrano]

Nakamoto testnet has been achieved internally 🫡

[muneeb.btc @muneeb]

Stacks Nakamoto testnet (codename Neon) is now code-complete ✅

End-dec testnet launch locked-in.

[MCN.btc @Davidblockch]

👀

[stacks.btc @Stacks]

Stacks has a strong Bitcoin builders community 🧡

Thesis driven hedge fund @NorthRockLP shared their STX Thesis.

View the full thesis below 👇 (1/2)

[stacks.btc @Stacks]

Stacks has a strong Bitcoin builders community 🧡

Thesis driven hedge fund @NorthRockLP shared their STX Thesis.

View the full thesis below 👇 (1/2)

[MCN.btc @Davidblockch]

👀

[muneeb.btc @muneeb]

Startups live or die on momentum.

I’m seeing momentum building up across several startups in the Bitcoin and @Stacks L2 ecosystem recently.

Building on Bitcoin is no longer a contrarian bet. I’m excited for 2024!

[MCN.btc @Davidblockch]

🗳️

[stacks.btc @Stacks]

Vote for your favorite Stacks projects, protocols and community members 👇
https://t.co/DpAWf5aVOX

[MCN.btc @Davidblockch]

👀

[muneeb.btc @muneeb]

Stacks Nakamoto testnet (codename Neon) is on track for end-Dec.

The Foundation posted a good summary of expected timelines based on the open-source dev work.

Here are my takeaways: 

- There are several Working Groups (WGs) like Nakamoto, sBTC, WASM, Testing, etc. However, the two main ones to watch would be Nakamoto WG and sBTC WG.

- There is a lot of focus on the Nakamoto workstream right now as that upgrades consensus to give (a) faster blocks, (b) 100% Bitcoin finality, and (c) integrates stackers as signers.

- Milestone 0.2 (codename Neon) deploys a controlled testnet, and after that, Milestone 0.3 (codename Argon) is integration work, broadly.

- The full system is scheduled to launch with two hardforks. First one right before the Bitcoin halving to push Nakamoto live. And the 2nd is scheduled for after the halving to push sBTC live.

- The decision to have two hardforks is primarily driven by safety; it limits the surface area of each critical upgrade.

The full post by @mcuevasm is here: https://t.co/0zzm6Dn8bx It’s time to build on Bitcoin 🟧

[Zero Authority DAO 🏹 @zeroauthdao]

🚀 Exciting News! 🌐 The Gig Marketplace v1 has officially landed on the mainnet!

[BNS | Bitcoin Name System @bns_community]

Here are 10 Facts about BNS that you need to know! 👀🤝

1⃣ BNS is one of the oldest blockchain name systems, it originated on @Namecoin in 2014 and was then imported onto Bitcoin in 2015. It predates #ENS by 3 years!

2⃣ BNS is currently only on 1 marketplace, @trygamma on Stacks. Since the BNS collection was launched in Oct 2022 (14 months ago), BNS has done 1.4m $STX (estimated $1.4m) in All Time Volume and is 2nd only to @Megapont.

3⃣ The highest sale so far has been crypto.btc selling for 11,400 $STX ($12,882 at the time). Word sales make up the Top 5 sales, the others are wallet.btc, love.btc, loan.btc & apple.btc. The highest digit sale has been 93.btc at 20,000 $STX ($6,086).

4⃣ There are over 310,557 BNS names that have been registered, and approx. 621,114 $STX has been burnt (estimated $621,114). The main TLD .btc represents 86.4% of all registrations, with .id coming in 2nd representing 4.7%.

5⃣ BNS was written as a smart contract on @Stacks, Bitcoin's L2 and the .btc TLD launched on 2nd June 2021. Smart contract functionally enables BNS to interact with dApps & DeFi platforms built on Stacks, much in the same way #ENS does on ETH.

6⃣ The BNS Community was created in Sept 2022 (originally called BNS DAO) and there are around 1600 people in the discord server. Due to not having a fully functioning marketplace escrow trades took place in the server. Over 100 ETH ($120,000) in volume was generated over escrow.

7⃣ There's an active BNS Working Group involving dedicated community members that are committed to growing BNS into a leading name system. We gather every other Thursday to discuss BNS development and the community is welcome to listen and take part in these discussions.

8⃣ The BNS L1 Bridge was launched in Nov and enables BNS Investors to bridge their names from L2 (Stacks) to L1 (#Bitcoin). When the L1 inscription is created the L2 name is held securely in a 'Bridge Contract'. BNS L2 names can be retrieved at any time by burning the inscription.

9⃣ BNS is getting an upgrade! The BNS V2 contract upgrade will be finalised before the Stacks Nakamoto upgrade in Q1 2024. The upgrade will likely support improvements such as many names to an address and preventing $STX being burnt upon registration, instead allocating this to a BNS Treasury. SIP to be released soon.

🔟 BNS will be 10 years old next February 2024! 🎉

[muneeb.btc @muneeb]

Tier-1 staking infrastructure providers are now integrating Bitcoin L2s.

@Figment_io just announced support for Stacks Nakamoto and sBTC signing.

Bitcoin L1 is like Fedwire (settlement), Bitcoin L2s are the faster rails. Figment will support BTC on faster rails!