Bitcoin L2 Labs Launches to Accelerate Core Development for Stacks, the Leading Bitcoin Layer 2

[PRESS RELEASE – New York, New York, November 7th, 2024]

Bitcoin L2 Labs, a brand new group centered on advancing Stacks core growth and Bitcoin L2 adoption, introduced its official launch right now. The group goals to guide the following stage of Stacks protocol growth and foster innovation throughout the Bitcoin ecosystem, constructing on the current launch of the Nakamoto improve.

Key highlights of the announcement embrace:

• Bitcoin L2 Labs will take a number one function in Stacks Core Improvement, constructing a devoted group of core builders to speed up progress on the main Bitcoin Layer 2 resolution.
• The group has already added 5 new full-time Rust builders to work on crucial tasks like sBTC and Readability WASM, enhancing Stacks’ capabilities and integration with Bitcoin.
• Bitcoin L2 Labs plans to streamline the developer expertise, ship upgrades sooner, and facilitate ecosystem-wide roadmapping to make sure cohesive growth throughout the Stacks ecosystem.
• The group is led by CTO Adriano Di Luzio, former CTO of Algorand Labs, and Head of Product Andre Serrano, who brings in depth Web3 and Stacks ecosystem expertise.
• Upcoming tasks embrace championing sBTC growth, supporting ecosystem safety by the ‘Orange Hats’ program, and proposing modifications to make core growth extra environment friendly and clear.

Adriano Di Luzio, CTO of Bitcoin L2 Labs, said, “We’re excited to deliver a product-led method to Stacks core growth that can open up new potentialities for the Stacks layer, cut back friction, and streamline the developer expertise. Our group is dedicated to accelerating the expansion and adoption of Bitcoin L2 expertise.”

The launch of Bitcoin L2 Labs comes at an important time for the Stacks ecosystem, following the Nakamoto improve. This main protocol enhancement has considerably improved Stacks’ performance and integration with Bitcoin, setting the stage for elevated adoption and innovation.

Andre Serrano, Head of Product at Bitcoin L2 Labs, added, “With the Nakamoto improve stay, we’re now centered on constructing the following era of instruments and infrastructure to help builders and customers within the Stacks ecosystem, beginning with the upcoming rollout of sBTC. Our objective is to make Stacks the go-to platform for Bitcoin-based purposes and companies.”

The group invitations collaboration and engagement from the broader Stacks and Bitcoin communities as it really works to speed up technical milestones and drive innovation throughout the ecosystem. Bitcoin L2 Labs goals to capitalize on the rising curiosity in Bitcoin Layer 2 options, that are key to unlocking the total potential of Bitcoin’s $1.2 trillion market cap.

To study extra about Bitcoin L2 Labs, go to the web site here.

About Bitcoin L2 Labs

Bitcoin L2 Labs is devoted to advancing core growth for Stacks, the main Bitcoin layer 2, and selling Bitcoin layer 2 adoption. Beneath the management of CTO Adriano Di Luzio and Head of Product Andre Serrano, Bitcoin L2 Labs is constructing a devoted group of core builders to reinforce crucial tasks like sBTC and Readability WASM, streamline the developer expertise, and foster collaboration throughout the Stacks ecosystem. The group goals to unlock the total potential of Bitcoin’s Layer 2 options, driving progress and adoption on this quickly evolving house.