Blockdaemon integrates with the Stacks network to provide institutions with Bitcoin rewards
Blockdaemon announces integration with the Stacks network to provide Bitcoin rewards for institutions, while also becoming a new signer.
Stacking is the process of locking STX tokens to participate in securing the Stacks network and generating Bitcoin rewards as a return. Blockdaemon now offers enterprise-level Stacking for institutional clients.
With the launch of Nakamoto upgrades and sBTC, Stacks will improve transaction speed and introduce transactions supported by 100% Bitcoin finality, making Bitcoin a programmable asset and opening up new possibilities for digital and financial use cases.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Silver Price Forecast: XAG/USD consolidates below 100-Day SMA as momentum fades
Viavi Solutions EVP, CFO Ilan Daskal disposes of 56,290 common shares worth $2.04 million
Meliuz holds shareholder meeting, votes cast on board size and director slate
US Dollar Weakens Against The Loonie as Hostilities Resumes Between The US and Iran
Crypto prices
More
