🍿 Update on sBTC Testnet & Optimizing Stacks Nakamoto

Hey Stackers! Core developers have exciting updates on both Stacks Nakamoto and sBTC. While sBTC is now live on the primary testnet, core developers at Bitcoin L2 Labs are working on optimizing Stacks Nakamoto for lower latency and higher bandwidth. These efforts are running in parallel, with the first Nakamoto release targeted for December 16. Let’s dive into this week’s news bites for Stacks!

🍿 Stacks Snacks

• CoinFlip, the #1 Global Bitcoin ATM Network Is Making Programmable Bitcoin More Accessible with Stacks

• Stacks Core Devs from Bitcoin L2 Labs share exciting progress in optimizing the Stacks Nakamoto release for higher bandwidth.

• Core Developers share sBTC now live on primary testnet, with Signers and builders getting onboarded next week.

• The Leading Crowdsourced Security Platform in Bitcoin and Beyond, Immunefi, joins the Best & the Brightest on Stacks with upcoming “Attackathon” event.

😋 Other tasty content

• ALEX officially kicks off ALEX Surge campaign with 12,000,000 ALEX in rewards.

• Listen to a Stacks space with Stacks Foundation Executive Director Mitchell Cuevas and CoinFlip CTO Jeff Tong talk about the ways Stacks can integrate with the largest crypto ATM.

• Hermetica’s stablecoin USDh launches on Zest.

• Coinbase shares details on Coinbase Coin 50 INDEX, including leading Bitcoin L2 Stacks.