NEWS: stacks brainiacs release overview of a *fully self-custodial* sBTC upgrade. you thought stacks nakamoto was a big deal? get ready for the stacks satoshi upgrades 🔥🚀 with the satoshi upgrades stacks will get: - fully self-custodial sBTC while it’s at rest on the L2 wallets or used in L2 payments. - when sBTC moves into smart contracts default owner of underlying BTC is a decentralized signer set but we can do better! enter bitcoin post conditions: the underlying BTC can be in L1 scripts that work with L2 contracts to precisely define when and where the L1 BTC can move. - self-custodial sBTC minting opens up doors for institutional players who want to mint from their own segregated custodial addresses (for compliance requirements). - trustless sBTC L2 payments like lightning (unilateral withdraw) without any liquidity or routing challenges of lightning. - ability to pay network fees in sBTC, which also result in increased protocol revenue while maintaining STX as underlying infra asset (sBTC swaps for fees underneath). - consensus upgrades for dual staking where both BTC and STX can provide economic security for fast consensus (after 1 bitcoin block, security remains 100% bitcoin hashpower). bitcoin holders can earn BTC on BTC yield from consensus and can boost the yield by locking STX on top. - value accrual mechanism for STX where gas fees increase protocol revenue & STX demand, and dual staking gives increased utility for STX (for yield boost). - faster and more reliable consensus rails, stacks VM upgrades for performance and dev UX. And much more. A more detailed overview in the link I’ll post below in a few hours. are you ready anon? stacks satoshi upgrades are coming! the bitcoins must flow 🟧