Gm Stackers 🟧

📰 Big News: Bitcoin Staking Whitepaper

The Bitcoin Staking whitepaper is live. This is a proposal for what we think the future of Stacks looks like, and the idea is simple:

  • You keep your Bitcoin in your custody and you earn yield in Bitcoin.

  • There are no bridges or wrappers involved, nobody else holding your keys.

  • You lock your BTC on the Bitcoin L1, pair it with a small amount of STX, and earn yield paid in Bitcoin.

  • If you need your BTC back early, there's an early exit option built in.

  • There is no slashing and no protocol level principal loss.

  • It's built on Proof of Transfer, the same consensus mechanism that's been live since 2021 and has already distributed over 4,200 BTC to stackers.

This isn't live yet, it's a proposal. But this is the direction we're headed: a world where individuals and institutions can grow and manage their bitcoin without ever giving up custody.

If you want to go deeper, we launched the Bitcoin Staking Resource Hub, which has everything you need to learn about Bitcoin Staking. And if you want to hear directly from leadership, catch the recording here.

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Stacks is a Bitcoin layer for smart contracts. It enables decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. Stacks exists to unlock Bitcoin’s full potential as the largest, most valuable, durable, and decentralized asset. Learn more here.

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