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Stacks: Nakamoto upgrade is expected to shorten transaction processing time to a few seconds, promoting interaction with Decentralized Finance applications
Odaily Star Daily News Stacks stated in a post that the current Stacks transaction processing time is about 10 minutes, which severely limits the development of its Decentralized Finance applications. The upcoming Nakamoto upgrade will completely change this situation, significantly reducing the block time and potentially revolutionizing the BTC Decentralized Finance ecosystem. After the upgrade, the interaction time between users and the existing protocol will be shortened from minutes to seconds, greatly improving the user experience, supporting high-volume use cases, and eliminating the limitations of complex Decentralized Finance strategies. For example, currently time-consuming operations such as Liquidity Stacking Tokenmint, depositing into Decentralized Finance applications, and collateralized borrowing and lending will become quicker. In short, the Nakamoto upgrade will promote fast interaction between users and Decentralized Finance applications, support the implementation of Decentralized Finance strategies that require fast Block confirmation, and attract more developers to build high-throughput applications on BTC. Earlier, the Stacks Foundation announced that the final code for Nakamoto's upgrade will be sent to network operators on August 28th, and the activation window will be open. It is reported that Nakamoto's upgrade aims to significantly improve security and speed by increasing transaction throughput, '100% BTC finality', and the extractable value of dropped BTC Miners (MEV).