đ **Stacks Begins Satoshi Upgrade!**
Stacks, the Bitcoin layer-2, has kicked off its Nakamoto upgrade, aiming to speed up transactions by decoupling its block production from Bitcoin's. Network operators have a two-week window to implement this before a hard fork finalizes the process.
- **What's New?** Nakamoto introduces a proof-of-transfer consensus algorithm where users burn BTC to mine Stacks blocks and earn rewards.
- **Why It Matters:** This upgrade enhances Stacks' utility, enabling smart contracts and DeFi functions on Bitcoin.
- **Market Impact:** STX token has dropped over 8% in the last 24 hours, with the broader market also down.
đŹ What do you think about this upgrade? Share your thoughts in the comments!
