Stacks to Revolutionize Bitcoin DeFi Ecosystem with Nakamoto Upgrade

According to Odaily, Stacks has announced on X that the current transaction processing time of approximately 10 minutes is significantly hindering the development of its DeFi applications. The upcoming Nakamoto upgrade is set to transform this scenario by drastically reducing block time, potentially revolutionizing the Bitcoin DeFi ecosystem. Post-upgrade, the interaction time with existing protocols will be reduced from minutes to seconds, greatly enhancing user experience, supporting high transaction volume use cases, and eliminating the limitations of complex DeFi strategies. For instance, time-consuming operations such as liquidity stacking token minting, depositing into DeFi applications, and collateralized lending will become much faster. In summary, the Nakamoto upgrade will facilitate rapid user interaction with DeFi applications, support the implementation of DeFi strategies requiring quick block confirmations, and attract more developers to build high-throughput applications on Bitcoin. Previously, the Stacks Foundation stated that the final code for the Nakamoto upgrade would be sent to network operators on August 28, with the activation window opening thereafter. The Nakamoto upgrade aims to significantly enhance security and speed by increasing transaction throughput, ensuring 100% Bitcoin finality, and reducing miner extractable value (MEV).