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Stacks Lianchuang: The startup contract required for Nakamoto upgrade is ready and is expected to be launched in mid-to-late April

Stacks Lianchuang: The startup contract required for Nakamoto upgrade is ready and is expected to be launched in mid-to-late April

CointimeCointime2024/03/11 02:07
By:Cointime

Muneeb.btc, co-founder of Stacks, disclosed the details of the Stacks Nakamoto upgrade plan on X. The Nakamoto upgrade will be launched between April 15th and 29th. The new PoX consensus contract (named pox-4) will be activated in a specific Bitcoin block during this window.

Currently, there is $1.4 billion in STX that has reached consensus. This funding will be automatically unlocked (while users continue to receive BTC rewards during this period), and institutional signers and the community will lock the funds in the new pox-4 contract.

In addition, all launch contracts, including pox-4 and signer binaries, are ready. All Satoshi Nakamoto core consensus rules have been completed. Block validation, DKG, StackerDB, and term extension have all been completed and are being tested.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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