Stacks to Undergo Nakamoto Hard Fork on October 9th

Name: Nakamoto Hard Fork
Start: 2024-10-09T00:00:00Z
End: 2024-10-10T00:00:00Z

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Stacks is initiating the Nakamoto upgrade sequence on October 9th. This upgrade aims to enhance the speed of blocks and Bitcoin finality on the Stacks layer. The process will be carried out safely to ensure the system’s integrity.

Event date: October 9, 2024 UTC

What is a hardfork?

The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, changes are periodically introduced into it. A hard fork represents changes that are not compatible with previous versions of software supporting the cryptocurrency network. In order to continue to mine the cryptocurrency, miners need to update the software.

In some cases, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash and EthereumPoW.

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