Bitcoin Layer-2 Network Stacks Begins Nakamoto Upgrade

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Bitcoin Layer-2 Network Stacks Begins Nakamoto Upgrade
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Jamie Crawley is a CoinDesk news reporter based in London.

Stacks, the Bitcoin layer-2, has begun the Satoshi upgrade that decouples the block production schedule on Stacks from Bitcoin's.

Stacks, a layer-2 blockchain that augments the Bitcoin network, has begun its Nakamoto upgrade with the aim of making transactions even faster. Network operators now have a two-week window to implement the Nakamoto upgrade, after which there will be hard fork that completes the process. Nakamoto introduces a new way of producing Stacks blocks, using a proof-of-transfer consensus algorithm. Users burn bitcoinTenures are periods of time that miners are assigned to produce multiple blocks that are ultimately settled on Bitcoin.

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