Stacks Foundation: Nakamoto upgrade will be activated on August 28

Odaily News The Stacks Foundation recently published a statement on X that the final code for the Nakamoto upgrade will be sent to network operators on August 28, and the activation window will be open. Network operators will upgrade Cycle 92, and after the Signer successfully switches from Cycle 92 to Cycle 93, the core developers will select the final hard fork block. It is reported that the Nakamoto upgrade aims to significantly improve security and speed by increasing transaction throughput, "100% Bitcoin finality" and reducing Bitcoin miners' extractable value (MEV). In addition, the project's planned non-custodial, programmable 1:1 Bitcoin-backed asset sBTC will be "ready to go live on the mainnet within four weeks of the Nakamoto hard fork."