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PoX-5 hardfork: activated.
The PoX-5 hardfork upgrades Proof of Transfer, the consensus mechanism where miners spend BTC to mine Stacks blocks, and lays the foundation for Bitcoin Staking.
More info below on what this means. ↓
stacks.btc
@Stacks
A Bitcoin L2 enabling smart contracts & apps with Bitcoin as secure base layer 🟧
Regular Stacks Updates: stackssnacks.com
🟧 TG+ stx.is/chat
- "Stacks recently proposed a Proof-of-Transfer (PoX-5) upgrade that lets BTC holders earn BTC-denominated yield while their BTC stays locked on Bitcoin L1."
- The Genesis Bond officially has a block height 🟧 The bond runs during reward cycle 143, which starts at Bitcoin block 966,350. → Opens on Sept ~10 → Enrollment closes Sept 9 → First rewards are projected for Sept 17
- "The lock is enforced by Bitcoin consensus itself, requiring no trust in a custodian, bridge, or signer set." @castle_labs on PoX-5 Bitcoin Staking
- REMINDER 🟧 Only a few blocks left. Restake your STX before Bitcoin block 962,050 to keep earning next cycle.
