irwerm

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Stacks Nakamoto launch rollout details are live⚡️ As more institutional signers join the Nakamoto launch, devs published a more detailed rollout plan: - Instatiation Window: The Nakamoto upgrade will begin rolling out between April 15-29 (as previously announced). The new PoX consensus contract, called pox-4, will activate at a specific Bitcoin block in this window. - There is currently $1.4 billion in STX capital locked in consensus. This capital will automatically unlock (while users continue to earn BTC rewards for the cycle), and institutional signers and the community will lock the capital in the new pox-4 contract. This is a big step! - Signers will start registering on the network and test their setup on the mainnet. At this point, signers are running the Nakamoto code, but the Nakamoto consensus rules are inactive. This step gives time to onboard signers on the mainnet while signers are not actively validating L2 blocks yet. I expect this to be an exciting time in the community--I can’t wait to run my own signer! - After approx two stacking cycles, we’ll reach the Activation Window, during which the Nakamoto consensus rules become active at a specific Bitcoin block. In other words, ‘the switch is flipped’! During these two stacking cycles (each lasting approx two weeks), the main activity on the network will be signer onboarding, where institutions and solo signers run their setup on the mainnet and test their respective binaries and setups.  An insane amount of engineering work has gone into the Nakamoto launch. All boot contracts, including pox-4 and signer binaries, are ready. All core Nakamoto consensus rules are done. Block validation, DKG, StackerDB, tenure extension, etc., are all done and being tested. The Stacks Foundation’s recent blog post provides more details. Bitcoin L2 season is starting, with 20+ new Bitcoin L2s getting funded and developed. The Stacks Nakamoto launch marks the official start of the Bitcoin L2 season—it’s time to build on Bitcoin 🟧

Coachella and OpenSea launch NFTs with music festival utility and keepsakes cointelegraph.com/news/coachella… via @cointelegraph

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