I think another unique feature of Stacks is that it is the only L2 smart contract solution that supports bitcoin miners continuously via transaction fees and proof of transfer. The other solutions bridge out btc to their ecosystems and it may take years for that to come back to bitcoin and support its economy (wBTC, cbBTC, etc). These ot…
I think another unique feature of Stacks is that it is the only L2 smart contract solution that supports bitcoin miners continuously via transaction fees and proof of transfer. The other solutions bridge out btc to their ecosystems and it may take years for that to come back to bitcoin and support its economy (wBTC, cbBTC, etc). These other solutions accrue no value to bitcoin and are only interested in leeching btc liquidity. Also, their solutions will and are currently being replicated on Stacks. If I need correcting in my understanding, please feel free to do so.
I think another unique feature of Stacks is that it is the only L2 smart contract solution that supports bitcoin miners continuously via transaction fees and proof of transfer. The other solutions bridge out btc to their ecosystems and it may take years for that to come back to bitcoin and support its economy (wBTC, cbBTC, etc). These other solutions accrue no value to bitcoin and are only interested in leeching btc liquidity. Also, their solutions will and are currently being replicated on Stacks. If I need correcting in my understanding, please feel free to do so.
Forgot to mention that BTC to sBTC and back is tax free (in USA). Same as Lightning Network. Not a sale. No cap gains/losses.