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Stacks is a decade-old blockchain project that aims to establish a decentralised economy on top of Bitcoin.

See my YouTube dive on Stacks here.

As the largest Bitcoin Layer 2 network focusing on smart contracts, Stacks is slated to complete the final piece of a long-standing puzzle plaguing Bitcoin with its upcoming sBTC hard fork. This upgrade introduces a decentralised two-way peg, addressing the Bitcoin write problem.

With sBTC, developers will finally be able to utilise Stacks Clarity programming language to write fully-expressive smart contracts and build cutting-edge decentralised apps (dApps). This enables a vibrant DeFi, NFT, and web3 scene on Stacks, with dApps utilising Bitcoin as a settlement layer.

In short, Stacks is furnishing Bitcoins unparalleled capital, security, and network effects with advanced smart contracts functionality. These are capabilities that builders and web3 users have previously relied on through Ethereum Layer 2 solutions like Arbitrum, sidechains like Polygon, and competing Layer 1 networks like Solana.

Well, the big brother is about to catch up.

In this article, Ill dive into:

Theres a lot to cover, so lets dive in.

Stacks began in 2013 as Blockstack in Princetons computer science department, founded by two PhD students

See the original post here:

How High Can Stacks (STX) Go? Building the Future of Bitcoin with Advanced Smart Contracts - DataDrivenInvestor