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Muneeb Ali: Bitcoin to enable staking with Stacks genesis bond launch

Muneeb Ali: Bitcoin to enable staking with Stacks genesis bond launch
Bitcoin gets staking with Stacks launch

Muneeb Ali, CEO at Trust Machines, announced that Bitcoin is set to have its own staking moment with the launch of the genesis bond for Stacks at Bitcoin block 966,350.

According to Ali, the network is now live and stable, with 400 million STX of staking power already online. The next phase highlighted is institutional Bitcoin deployment.

Ali previously highlighted security efforts in the Bitcoin ecosystem after a Coldcard incident, with Stacks developers advancing AI threat defenses, as reported in an earlier article. He also drew attention to a new draft of the Stacks mission statement, inviting community feedback on direction and priorities in a recent update. These developments reflect ongoing technical and governance activity within the Stacks and Bitcoin communities.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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