BPOI Banner
Bitcoin L2 Labs Launches to Accelerate Core Development for Stacks, the Leading Bitcoin Layer 2 Bitcoin L2 Labs Launches to Accelerate Core Development for Stacks, the Leading Bitcoin Layer 2

Bitcoin L2 Labs Launches to Accelerate Core Development for Stacks, the Leading Bitcoin Layer 2

[PRESS RELEASE – New York, New York, November 7th, 2024]

Bitcoin L2 Labs, a new organization focused on advancing Stacks core development and Bitcoin L2 adoption, announced its official launch today. The team aims to lead the next stage of Stacks protocol development and foster innovation within the Bitcoin ecosystem, building on the recent launch of the Nakamoto upgrade.

Key highlights of the announcement include:

  • Bitcoin L2 Labs will take a leading role in Stacks Core Development, building a dedicated team of core developers to accelerate progress on the leading Bitcoin Layer 2 solution.
  • The organization has already added 5 new full-time Rust developers to work on critical projects like sBTC and Clarity WASM, enhancing Stacks’ capabilities and integration with Bitcoin.
  • Bitcoin L2 Labs plans to streamline the developer experience, ship upgrades faster, and facilitate ecosystem-wide roadmapping to ensure cohesive development across the Stacks ecosystem.
  • The team is led by CTO Adriano Di Luzio, former CTO of Algorand Labs, and Head of Product Andre Serrano, who brings extensive Web3 and Stacks ecosystem experience.
  • Upcoming projects include championing sBTC development, supporting ecosystem security through the ‘Orange Hats’ program, and proposing changes to make core development more efficient and transparent.

Adriano Di Luzio, CTO of Bitcoin L2 Labs, stated, “We’re excited to bring a product-led approach to Stacks core development that will open up new possibilities for the Stacks layer, reduce friction, and streamline the developer experience. Our team is committed to accelerating the growth and adoption of Bitcoin L2 technology.”

The launch of Bitcoin L2 Labs comes at a crucial time for the Stacks ecosystem, following the Nakamoto upgrade. This major protocol enhancement has significantly improved Stacks’ functionality and integration with Bitcoin, setting the stage for increased adoption and innovation.

Andre Serrano, Head of Product at Bitcoin L2 Labs, added, “With the Nakamoto upgrade live, we’re now focused on building the next generation of tools and infrastructure to support developers and users in the Stacks ecosystem, starting with the upcoming rollout of sBTC. Our goal is to make Stacks the go-to platform for Bitcoin-based applications and services.”

The organization invites collaboration and engagement from the broader Stacks and Bitcoin communities as it works to accelerate technical milestones and drive innovation within the ecosystem. Bitcoin L2 Labs aims to capitalize on the growing interest in Bitcoin Layer 2 solutions, which are key to unlocking the full potential of Bitcoin’s $1.2 trillion market cap.

To learn more about Bitcoin L2 Labs, visit the website here.

About Bitcoin L2 Labs

Bitcoin L2 Labs is dedicated to advancing core development for Stacks, the leading Bitcoin layer 2, and promoting Bitcoin layer 2 adoption. Under the leadership of CTO Adriano Di Luzio and Head of Product Andre Serrano, Bitcoin L2 Labs is building a dedicated team of core developers to enhance critical projects like sBTC and Clarity WASM, streamline the developer experience, and foster collaboration across the Stacks ecosystem. The organization aims to unlock the full potential of Bitcoin’s Layer 2 solutions, driving growth and adoption in this rapidly evolving space.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!

Source link

Chainwire

https://cryptopotato.com/bitcoin-l2-labs-launches-to-accelerate-core-development-for-stacks-the-leading-bitcoin-layer-2/

2024-11-07 19:04:46

bitcoin
Bitcoin (BTC) $ 95,057.47 1.71%
ethereum
Ethereum (ETH) $ 3,281.08 1.77%
tether
Tether (USDT) $ 0.999883 0.00%
xrp
XRP (XRP) $ 2.17 2.42%
bnb
BNB (BNB) $ 660.32 0.01%
solana
Solana (SOL) $ 181.61 0.86%
dogecoin
Dogecoin (DOGE) $ 0.311553 1.13%
usd-coin
USDC (USDC) $ 1.00 0.03%
staked-ether
Lido Staked Ether (STETH) $ 3,277.47 1.88%
cardano
Cardano (ADA) $ 0.881377 1.13%
tron
TRON (TRX) $ 0.245725 0.16%
avalanche-2
Avalanche (AVAX) $ 36.11 3.82%
chainlink
Chainlink (LINK) $ 22.49 1.95%
the-open-network
Toncoin (TON) $ 5.39 1.41%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,906.11 1.44%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,077.47 1.24%
shiba-inu
Shiba Inu (SHIB) $ 0.000021 0.50%
sui
Sui (SUI) $ 4.25 4.65%
stellar
Stellar (XLM) $ 0.353485 0.37%
polkadot
Polkadot (DOT) $ 6.85 1.87%
hedera-hashgraph
Hedera (HBAR) $ 0.263414 4.38%
weth
WETH (WETH) $ 3,286.97 1.65%
hyperliquid
Hyperliquid (HYPE) $ 26.23 22.43%
bitcoin-cash
Bitcoin Cash (BCH) $ 439.78 2.78%
leo-token
LEO Token (LEO) $ 9.37 0.52%
uniswap
Uniswap (UNI) $ 13.74 0.91%
litecoin
Litecoin (LTC) $ 102.09 2.21%
pepe
Pepe (PEPE) $ 0.000018 1.52%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,467.30 1.66%
near
NEAR Protocol (NEAR) $ 5.04 1.10%
ethena-usde
Ethena USDe (USDE) $ 0.999683 0.03%
bitget-token
Bitget Token (BGB) $ 4.10 0.97%
usds
USDS (USDS) $ 0.998031 0.04%
aptos
Aptos (APT) $ 9.10 2.76%
aave
Aave (AAVE) $ 321.86 8.41%
internet-computer
Internet Computer (ICP) $ 9.93 0.80%
crypto-com-chain
Cronos (CRO) $ 0.153092 2.00%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.472285 0.62%
mantle
Mantle (MNT) $ 1.16 1.80%
ethereum-classic
Ethereum Classic (ETC) $ 26.09 0.31%
vechain
VeChain (VET) $ 0.045494 0.18%
render-token
Render (RENDER) $ 6.99 1.60%
whitebit
WhiteBIT Coin (WBT) $ 24.41 0.27%
mantra-dao
MANTRA (OM) $ 3.63 0.08%
monero
Monero (XMR) $ 186.95 2.40%
dai
Dai (DAI) $ 1.00 0.04%
bittensor
Bittensor (TAO) $ 452.65 0.77%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.26 0.57%
arbitrum
Arbitrum (ARB) $ 0.748373 0.29%
ethena
Ethena (ENA) $ 1.05 1.60%