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The Good, The Bad, and the Bitcoin

Stacks Foundation
Stacks Foundation
Each quarter, we make a point to celebrate projects, builders, and innovations across the Bitcoin ecosystem - and there are always plenty of stories to go around. But as building on Bitcoin grows more popular, it’s also worth recognizing some of the struggles along the way (and remembering there are likely more still to come). 
Building on Bitcoin…meet growing pains. We saw some of this pain manifest on the Stacks layer for Bitcoin this quarter as the network struggled mightily at times under demand load, Sovryn was badly hacked, and even Lightning addressed a major bug on its network. And of course, Bitcoin’s price remains below what we’d all like to see.
Here’s some of the good news. Driving some of the recent congestion on the Stacks layer was a surge in BTC domain registrations. Registrations were up 191.32% in Q3 vs. Q2 and are off to a meteoric rise in Q4, seeing more registrations in just the first 10 days of the quarter than the entirety of Q3. On the developer side, Clarity Camp from the Stacks Foundation brought over a hundred new developers into the fold during the quarter, with a healthy waitlist and new course in partnership with Codecademy driving continued interest. And, the Lightning Network surged over 25% in the last four months, reaching $100m in capacity.
Last but not least, Titan’s recent analysis gives Bitcoiners some validation:
In a sea of red, Bitcoin ($BTC) has comparatively been a strong performer in terms of risk/return over the last year. And, with institutional capital flowing out of Ethereum ($ETH) and into Bitcoin, we’ve elected to trim our Ethereum position and add to our Bitcoin position with the proceeds. 
All this points to Bitcoin remaining a strong, steady place to build. With Stacks 2.1 and Subnets on the way, we’re excited to get Stacks ready for primetime and welcome the rest of the world to building on Bitcoin. 🚀
-Mitchell Cuevas & the Stacks Foundation Team
🚀 Stacks 2.1
🙌 Featured News
🏗️ Stacks Builders
🙌 Quick Hits
🥳 Events, Conferences, & Parties
🌈 New Tutorials
➕ Much more

🚀 Stacks 2.1 is Coming
Stacks 2.1: Strengthening The Connection to Bitcoin
A Closer Look at 2.1: Stacking Improvements
A Developer’s Guide to Stacks 2.1
🙌 Featured News
Stacks & QuickNode: Making Bitcoin dApps possible
Hyperchains are now Subnets
A New Front Door for Crypto.
Blockchain.com Wallet Integration
Clarinet Roadmap: Looking to the Future
A New Look and Feel for Clarity
🏗️ Stacks Builders
Builder Spotlight: ALEX
Builder Spotlight: StackerDAO Labs
Builder Spotlight: Trajan
Builder Spotlight: NeoSwap
🌈 Tutorials
Subnets Update: NFT Use Case and Beyond
Introducing Stacks.js Starters: Launch a Frontend in Just a Few Clicks
➕ More
Purchase Bitcoin Directly in Xverse Wallet
Why Investors Are Looking to Bitcoin DeFi
Defending the Freedom of Bitcoin Open Source Development
CoinList Now Supports STX and Stacking
Peer-to-Peer: A Community Collection for Gender Equity - Gamma.io Blog
📅Events: Recaps & Upcoming
NYC Building on Bitcoin Party
NYC Building on Bitcoin Party
Clarity vs. Solidity: A Web3 Programming Language Workshop
Clarity vs. Solidity: A Web3 Programming Language Workshop
In a recent workshop, Hiro’s Developer Advocate Max Efremov broke down the differences between two popular smart contract programming languages—Clarity (of the Stacks and Bitcoin ecosystem) and Solidity (Ethereum and EVM-compatible blockchains)—so you can make an informed decision on which language is right for your application.
marvin.btc
It's a wrap. Happy to be given the opportunity to talk about @Stacks and @clarity_lang at #UDC2022. Really appreciate all those coming up to me with questions after. https://t.co/gMhBhHJvXb
Coming Up:
Bitcoin 2022 in Amsterdam
Disclaimer: The information shared in this email is strictly for informational purposes. You should not take its content, opinions, and/or descriptions provided as technical advice, legal advice, financial advice, or investment advice. See full disclaimer at stacks.org/terms.
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Stacks Foundation
Stacks Foundation @stacks

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