Stacks Network Activating Nakamoto on October 29

Over five years after launching, the network is preparing for one of its most important upgrades: Nakamoto. Analysts and platform supporters claim this

Stacks Network, a layer-2 on Bitcoin, is set to activate the Nakamoto upgrade on October 29. This upgrade will decouple Stacks from the Bitcoin block production speed, enabling faster transaction processing times.

The platform is also expanding its capabilities with the upcoming Nakamoto upgrade. Being a layer-2 on Bitcoin, Stacks relies on the base layer for security. As such, all transactions processed on the Stacks Network will still be confirmed on the Bitcoin mainnet. This confirmation makes the transactions irreversible, enhancing the overall security of the platform.

According to DeFiLlama, Stacks Network currently has over $109 million in assets under management. The platform continues to grow and adapt as decentralized financial services gain traction.

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