One of the standout statistics from the STX20 test was the significantly lower cost of transactions on an L2 compared to Bitcoin’s main chain. The Stacks team emphasized the potential for layer two solutions like STX20 to make participating in Bitcoin’s various activities more accessible and affordable for a broader user base.

Stacks developers think that STX20 test demonstrated that Bitcoin’s L1 activity could transition to an L2 without sacrificing community engagement or compromising on the core value of security. This transition, the team highlighted, is supported by Stacks’ Nakamoto upgrade, which is set to further enhance the speed and security of its chain.

In addition to the Nakamoto upgrade, the Stacks team details that there are other developments bolstering Bitcoin’s layer two ecosystem. The bitcoin decentralized finance (defi) protocol ALEX has announced off-chain support for STX20 trading. The devs also noted that the Fastmint technology promises faster and more responsive minting of NFTs on the Stacks layer, further supporting the STX20 framework.