Stacks announces the sBTC expansion plan, which will launch the first phase of the mainnet on December 16, 2024, enabling Bitcoin deposit functionality. 🎉 This marks another important milestone for Bitcoin scaling solutions. The second phase will be launched 6-8 weeks after the first phase, expected in the first quarter of 2025, at which point Bitcoin withdrawal functionality will be enabled. 📈 The implementation of this plan is expected to enhance the efficiency and user experience of the Bitcoin network. For the market, this could be a dynamic worth paying attention to, but the specific impact remains to be observed. 🔍 Let's wait and see what changes this expansion can bring!