Stacks: The Nakamoto upgrade is expected to reduce transaction processing time to a few seconds, facilitating interaction with DeFi applications

2024-08-26 08:53:31

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ChainCatcher message, Stacks stated in a post on X that the current transaction processing time for Stacks is about 10 minutes, which severely limits the development of its DeFi applications.

The upcoming Nakamoto upgrade will completely change this situation by significantly shortening block times, promising to revolutionize the Bitcoin DeFi ecosystem. After the upgrade, the interaction time for users with existing protocols will be reduced from minutes to seconds, greatly improving user experience, supporting high transaction volume use cases, and eliminating the limitations of complex DeFi strategies. For example, currently time-consuming operations such as liquidity Stacking token minting, depositing into DeFi applications, and collateralized lending will become much faster.

In summary, the Nakamoto upgrade will facilitate rapid interaction between users and DeFi applications, support the implementation of DeFi strategies that require quick block confirmations, and attract more developers to build high-throughput applications on Bitcoin.

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