sBTC functionality unleashes Bitcoin as a fully programmable, productive asset.
sBTC will allow builders to create applications and experiences, such as DeFi and NFTs, that are backed by the security and stability of Bitcoin.
Bitcoin write unlocked. sBTC powers smart contracts on Bitcoin, secured by the entire hash power of Bitcoin.
Decentralized. sBTC is not reliant on a fixed federation or other points of centralization.
Growth. The Stacks layer unlocks $500B in BTC capital using the Bitcoin L1 as settlement for decentralized applications - accelerating the growth of the Bitcoin economy.
sBTC operations happen on the Bitcoin main chain, meaning that external actors in the layer cannot censor these operations.
Threshold signers are incentivized with BTC rewards from the Stacks layer's consensus, giving them strong economic incentives to participate without introducing additional fees.
Real-world participation data suggests that sBTC can reach a circulating supply of hundreds of millions to billions of dollars given recent capital locked in Stacks consensus, making sBTC commercially viable and scalable.
sBTC unlocks Bitcoin write functionality and the movement of Bitcoin in and out of Bitcoin layers. The unique characteristics of the Stacks Bitcoin layer and PoX consensus provide high performance and decentralized security.
Understand sBTC and get further involved in its development.
Understand sBTC through the eyes of various experts in the Stacks Ecosystem.
Read the Nakamoto release with Trustless Bitcoin Peg and Bitcoin Finality
Learn about the novel consensus mechanism that makes Stacks work
Learn what the Stacks layer does and how it unlocks smart contracts, DeFi on Bitcoin, and more