Called Nakamoto, honoring Bitcoin’s pseudonymous creator, the upgrade will decouple the Stacks block production schedule from Bitcoin’s. Although the layer-2 network has a higher transaction throughput than Bitcoin (which processes about 7 transactions per second), as initially designed, Stacks produced blocks at the same rate as Bitcoin, leading to congestion issues, network creator Muneeb Ali told CoinDesk.
Bankrupt Crypto Lender Cred’s Former Executives Indicted on Wire Fraud, Other Charges
Daniel Schatt, a Cred co-founder and former CEO, Joseph Podulka, former CFO, and James Alexander, the former chief capital officer,...