Stacks Testnet Hard Fork Successful: Faster Bitcoin Transactions Coming Soon

• Stacks Core Developers successfully completed the Nakamoto Testnet hard fork, enhancing transaction speed.
• Developers are fixing bugs in node communication and preparing for the mainnet upgrade.

The Stacks Foundation has revealed some great news: Core Developers successfully completed this week’s planned Nakamoto Testnet hard fork.

This upgrade is a huge step forward for the Stacks network as it seeks to establish itself as a prominent Bitcoin Layer 2 solution, with the Nakamoto version introducing virtually instant transactions.

Nakamoto Activation Update

Core Developers shared that this week's planned Nakamoto Testnet hard fork was successful!

Please note: The Testnet may reset over the weekend to eliminate some issues discovered by the Core Developers.

More info below 1/4 pic.twitter.com/cywbAN1u0U

— Stacks Foundation (@StacksOrg) September 27, 2024

Stacks Developers Tackle Testnet Issues and Prepare for Mainnet Upgrade 

During the testnet update, Core Developers noticed a few issues with how nodes communicate about tenure extensions. Although the testnet is mainly working as expected, some users may detect occasional skipped sortations.

The Core Developers are actively trying to tackle these remaining issues and are willing to reset the testnet if necessary to ensure a smooth transition. This meticulous attention to detail demonstrates the engineers’ drive to provide a secure and efficient upgrade.

In terms of the primary testnet hard fork timetable, Core Developers expect a little change to the mainnet hard fork block. They are working furiously over the weekend to complete the details and want to provide an update on the hard fork status by Friday, October 4th.

Regardless of the problems they face, their primary objective remains a safe and secure launch, with any potential new issues properly addressed.

Previously, CNF reported that Stacks is improving Bitcoin with speedier transactions and a decentralized ecosystem driven by sBTC. This development not only reinforces Stacks’ position, but also highlights the Nakamoto update as a major changer for the Bitcoin ecosystem.

The addition of practically immediate transactions boosts Stacks’ position as a top Bitcoin Layer 2 solution, making it more accessible and efficient for consumers.

Furthermore, as we previously noted, the inclusion of the Zest Protocol has provided Stacks users with safe Bitcoin lending and borrowing, enhancing the platform’s DeFi capabilities. Zest’s Stacks Market allows users to earn rewards while also engaging with DeFi applications.

This integration shows Stacks’ evolving position as a key participant in the decentralized finance sector, providing a diverse set of financial tools and opportunities to its expanding user base.

Meanwhile, as of writing, the network native token, STX, is trading at around $1.88, down 2.15% over the last 24 hours, with a daily trading volume of approximately $81.06 million.