{"id":155599,"date":"2021-01-15T21:53:30","date_gmt":"2021-01-15T18:53:30","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/stacks-big-week-sees-major-partnerships-follow-mainnet-launch\/"},"modified":"2021-01-15T21:53:30","modified_gmt":"2021-01-15T18:53:30","slug":"stacks-big-week-sees-major-partnerships-follow-mainnet-launch","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/stacks-big-week-sees-major-partnerships-follow-mainnet-launch\/","title":{"rendered":"# Stacks&#8217; big week sees major partnerships follow mainnet launch"},"content":{"rendered":"<p>&#8220;<strong># Stacks&#8217; big week sees major partnerships follow mainnet launch <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvNjFlOTQ3NjAtOGE2MS00ZmM0LTlhMzAtOTRjMWU0OWZmYTA2LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Stacks, an open-source network for building smart-contract and DeFi bridges to Bitcoin (BTC), has secured several major partnerships in the wake of its mainnet launch \u2014 sending a strong signal that industry players are keen to back new use cases for BTC.<\/p>\n<p>The Stacks 2.0 mainnet officially launched on Thursday, bringing the promise of new use cases for Bitcoin based on the Clarity smart contract language. As Cointelegraph reported, Stacks 2.0 is attempting to broaden Bitcoin\u2019s utility beyond the digital-gold narrative to include decentralized finance and smart contracts. That includes putting to work the roughly $700 billion in Bitcoin capital currently on the sidelines. <\/p>\n<p>Foundry Digital, a Digital Currency Group company, has since announced that it will provide mining services for STX, the native cryptocurrency of the Stacks ecosystem. Foundry said the move sends a \u201cclear signal to miners about the opportunity to mine STX.\u201d <\/p>\n<p>Foundry was one of several independent miners to launch the Stacks 2.0 network on Thursday. <\/p>\n<p>Blockdaemon, a blockchain infrastructure platform, has also announced integration with Stacks 2.0, which will allow institutions and investors to become node operators. <\/p>\n<p>\u201cWe are currently witnessing unprecedented institutional investment into the crypto sphere, demonstrating the need for enterprise-grade infrastructure to connect and scale blockchain networks,\u201d said Blockdaemon CEO Konstantin Richter. <\/p>\n<p>Regarding Stacks 2.0, he added:<\/p>\n<blockquote><p>\u201cWe\u2019re aligned in our vision of building Web 3.0, and look forward to seeing the network deliver a truly decentralized and user-owned internet.\u201d <\/p><\/blockquote>\n<p>Meanwhile, Korea-based exchange Upbit has stated that it will list STX on its platform, making the token available to up to 3 million investors. <\/p>\n<p>\u201cUpbit is uniquely positioned to expand the Stacks ecosystem for Korean users,\u201d the exchange said. <\/p>\n<p>Stacks 2.0 is based on a proof-of-transfer, or PoX, consensus mechanism. The novel mining system utilizes proof-of-work to create new blockchains that are rooted in Bitcoin&#8217;s security. Stacks co-founder Muneeb Ali <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.blockstack.org\/realizing-web-3-proof-of-transfer-mining-with-bitcoin\/\">said<\/a> that\u00a0PoX can incentivize network participation by offering Bitcoin rewards, something that wasn\u2019t possible before the protocol was conceived. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/stacks-big-week-sees-major-partnerships-follow-mainnet-launch\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Stacks&#8217; big week sees major partnerships follow mainnet launch &#8221; Stacks, an open-source network for building smart-contract and DeFi bridges to Bitcoin (BTC), has secured several major partnerships in the wake of its mainnet launch \u2014 sending a strong signal that industry players are keen to back new use cases for BTC. The Stacks&#8230;<\/p>\n","protected":false},"author":1,"featured_media":155600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2021-01\/61e94760-8a61-4fc4-9a30-94c1e49ffa06.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74983,74868,75434,89730,117],"class_list":["post-155599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-decentralization","tag-defi","tag-smart-contracts","tag-upbit","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/155599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=155599"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/155599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/155600"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=155599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=155599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=155599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}