🍿 Potential Scaling Solution for Ordinals on L2 Stacks & ETF Approval

During Bitcoin Unleashed 2023 in London, Zest Founder Tycho Onnasch shared three things that excited him for the next six months regarding Bitcoin: 1. ETF Approval 2. Bitcoin Halving and 3. the Stacks Nakamoto Upgrade. With the SEC officially approving Bitcoin ETFs, we can celebrate the first victory for Bitcoin this year. However, this is just the beginning, as builders are gearing up for an amazing 2024.

🍿 Stacks Snacks

• Bitcoin DEX Bitflow celebrates its $2M TVL milestone for stSTX.

• Asigna Founder Vlad / Fess-v introduces sOrdinals protocol, with the website now live.

• Ryder announces it will operate Fast Pool, the largest stacking pool on Stacks, and with that will become a signer for the upcoming Stacks upgrade.

• Zest Founder Tycho Onnasch and Stacking DAO Founder Philip de Smedt host their first Stacks DeFi Show.

• ALEX announces integration of STX20 into the Bitcoin Oracle paving the way for secure trading on ALEX’ AMM.

• DeFi Researcher Ignas publishes his “Degen Playbook for Stacks”, shares by tech newsletter TLDR.

• Blockchain Research Group House of Chimera reports rapid growth in daily transactions on Stacks.

😋 Other tasty content

• Nakamoto Upgrade Deep Dive: 100% Bitcoin Finality for Stacks, what does it mean?

• MT Capital shares research report: Stacks Nakamoto is about to be upgraded to inject new impetus into the Bitcoin ecosystem.

• ALEX now listed in the Crypto dot com app.

• Ledger shares Bitcoin L2s, what they are and how they work, with Stacks.

• Trust Machine’s Rena Shah explains the Bitcoin DeFi future as guest appearance at Blockworks.