Summary
TLDR: The Stacks network is upgrading to decouple its block production schedule from Bitcoin’s to address congestion issues caused by having the same rate of block production. This will increase transaction throughput and improve network performance.
Key Points
1. The upgrade called Nakamoto will decouple the Stacks block production schedule from Bitcoin’s, named in honor of Bitcoin’s pseudonymous creator.
2. Stacks, a layer-2 network, has a higher transaction throughput than Bitcoin, which processes about 7 transactions per second. However, initially designed to produce blocks at the same rate as Bitcoin, it led to congestion issues, as explained by network creator Muneeb Ali.
3. This upgrade aims to address the congestion issues and improve the overall performance of the Stacks network by adjusting the block production schedule independently from Bitcoin.