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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It's time to harness Bitcoin's full potential. Enter sBTC: a novel trustless peg design enabling smart contracts on Bitcoin. Get ready for DeFi, NFTs, and DAO’s that run entirely on Bitcoin!

Introducing sBTC: Non-Custodial Native Bitcoin DeFi

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👁 sBTC Explained with Xverse
Although Stacks has made significant progress, there’s still no way to move BTC in and out of smart contracts in a fully trustless manner. This has been Bitcoin’s evasive “holy grail” issue for almost a decade. Enter sBTC: a non-custodial form of pegged Bitcoin with 100% Bitcoin finality.

The Stacks network's PoX connection to Bitcoin facilitates sBTC’s novel trustless peg design. Soon, users can convert BTC to sBTC for use in applications without involving centralized entities. Furthermore, users don’t pay any fees when converting between BTC and sBTC other than Bitcoin gas fees.

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sBTC Explained with Xverse.