Stacks is an asset of a blockchain network designed for the Web 3 network and decentralized assets. The features and advantages of the project are ease of development, the use of a decentralized Gaia data storage network, a configurable not only Proof-of-Work mechanism, but also the reuse of hash power.

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Bitcoin L2 miners have spent 3,280 BTC to secure @Stacks L2 so far.

I expect such L2 security spend to be imp economic activity for BTC at L1.

470 BTC has been burned so far. I think there is room for R&D that replaces burn part with something useful (like sBTC wallet fees).