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Blockdaemon integrates with Stacks network to provide Bitcoin rewards for institutions

2024.03.06 - 04:15
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TechFlow news: Blockdaemon has announced integration with the Stacks network to offer institutional Bitcoin rewards and become a new signer.

Stacking is the process of locking STX tokens to participate in Stacks network security and earn Bitcoin rewards in return. Blockdaemon now offers enterprise-grade Stacking for institutional clients.

With the launch of the Nakamoto upgrade and sBTC, Stacks will enhance transaction speed and introduce transactions secured by 100% Bitcoin finality, making Bitcoin a programmable asset and unlocking new possibilities for digital and financial use cases.

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