Acala, the DeFi protocol of the Polkadot ecosystem, has released a new technology roadmap and plans to launch the Sinai Upgrade upgrade, which is a major advancement in the Acala 2.0 plan. This upgrade mainly includes: multi-chain integration and enhanced DeFi accessibility, empowering the community through open governance, meeting the urgent need for security in the expanding multi-chain environment, establishing clear aSEED redemption standards and promising a fair and transparent framework for the remaining aSEED holders. (Chainwire)

According to PANews, the 'Nakamoto' upgrade of Bitcoin's L2 network Stacks has been delayed once again, as it requires an additional eight weeks of development time. Mitchell Cuevas, the head of the Stacks Open Internet Foundation, stated that the core developers have determined the need for a more advanced signer elasticity/recovery system. They plan to complete the new Signer elasticity feature's code by July 15, with activation beginning on August 28, before the second hard fork. This is expected to require an additional eight weeks of development and testing time. The Nakamoto upgrade is reported to separate Stacks' block production schedule from Bitcoin's and introduce a new way of producing Stacks blocks, updating its transfer proof consensus algorithm. This delay is a setback for the Stacks network, but the team remains committed to ensuring the upgrade is fully functional and secure before its release.

Bitcoin L2 network Stacks has started an upgrade called "Nakamoto", which started at Bitcoin block height 840,360 and aims to solve network congestion. Network creator Muneeb Ali said that Stacks' initial design produced blocks at the same speed as Bitcoin, which led to congestion problems. This upgrade will separate Stacks' block production schedule from Bitcoin's. "Nakamoto" will introduce a new way of producing Stacks blocks and update its unique proof-of-transfer consensus algorithm. The upgrade will be fully activated in May.

According to Blockworks, Bitcoin layer-2 solution Stacks has begun the rollout of its Nakamoto upgrade. This development, which follows the recent halving, is aimed at improving transaction throughput and ensuring Bitcoin finality for layer-2 transactions. The upgrade is expected to speed up block processing and finalize all settlements on the layer-1, allowing Bitcoin to maintain its security while becoming programmable, akin to Ethereum and Solana Virtual Machines. Muneeb Ali, co-founder of Stacks, believes that the Nakamoto upgrade and the overall expansion of Bitcoin layer-2 infrastructure could reignite interest in the Bitcoin blockchain. Ali stated that users are now distinguishing between BTC as an asset and Bitcoin as a platform. He noted that BTC has established itself as a hedge or store of value, resulting in nearly $1 trillion in idle capital. Ali credits advancements like the Nakamoto upgrade for this resurgence. The Stacks team anticipates that the Nakamoto upgrade rollout will continue over the next month, reducing block times from the current 10-30 minutes to approximately five seconds. Ali suggests that these enhancements will allow Bitcoin layer-2s to support the growing number of DeFi applications being developed. He also believes that the market is realizing that Bitcoin can serve as the base layer for the industry, with layer-2s facilitating an economic flywheel around BTC through apps and smart contracts. In addition to the improved Bitcoin layer-2 infrastructure, Ali highlights that other types of innovations are also attracting significant interest in the Bitcoin blockchain. These include ordinals and BRC-20s, which experienced a surge in interest following Bitcoin’s all-time high last month. Ali encourages further research and development around layer-2s, Ordinals, Runes, and other innovations, predicting a layer-2 summer where the Bitcoin developer ecosystem and competition intensify post-halving.

The Nakamoto upgrade will enhance transaction throughput and enable Bitcoin finality for layer-2 transactions source: https://blockworks.co/news/stacks-nakamoto-upgrade-bitcoin-layer-2s

Scroll, a famous name in the cryptocurrency market, has declared to perform the upgrade of the Bernoulli code on 29 April, 2024. The main key point of this technological update lays in increasing the functional capacities with EIP-4844 data blob that is designed to intensify Layer 1 (L1) data availability. On top of that, the […] source: https://www.cryptopolitan.com/overview-of-scrolls-bernoulli-upgrade/

According to Foresight News, Muneeb Ali, co-founder of the Bitcoin Layer2 network Stacks, announced that the community vote for the Stacks Nakamoto upgrade has been approved. The Nakamoto version enhances Stacks' capabilities as a Bitcoin layer, increasing transaction throughput and providing 100% Bitcoin finality. The upgrade aims to improve the overall performance of the Stacks network, which is built on top of the Bitcoin blockchain. By enhancing its capabilities as a Bitcoin layer, the network can handle more transactions and provide better security and reliability for its users. The 100% Bitcoin finality ensures that transactions on the Stacks network are as secure and irreversible as those on the Bitcoin blockchain itself.

Stacks' financial growth, driven by the STX20 Inscription protocol, surpasses Bitcoin and the broader crypto market. source: https://cryptopotato.com/stacks-skyrockets-3028-in-annual-revenue-ahead-of-nakamoto-upgrade/

Luganodes, a high-end blockchain infrastructure provider, is not only adding support for the Stacks Layer but will also be a … Continue source: https://finbold.com/luganodes-adds-support-for-stacks-becomes-signer-of-nakamoto-upgrade/