High Tower
@htwtech
1/13 Today diving deeper into @Stacks ecosystem overview. They built a smart contract layer that settles directly on Bitcoin through their Proof of Transfer mechanism. Here's what the ecosystem includes🧵 https://t.co/CuWmP4W97D 2/13 Stacks miners spend $BTC to produce blocks. Each block anchors to Bitcoin, inheriting the same finality as native $BTC transactions. This design enables DeFi, NFTs, and dApps while keeping Bitcoin's security model intact
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High Tower
@htwtech
3/13 $sBTC serves as the bridge between Bitcoin and smart contracts. It's a 1:1 peg managed by network signers who need 70% consensus for deposits/withdrawals. $BTC becomes programmable while custody stays decentralized through the protocol 4/13 The ecosystem breaks down into: • Wallets and access tools • DeFi protocols (trading, lending, stablecoins) • NFT marketplaces and collections • Cross-chain bridges • Identity systems like BNS • DAO infrastructure • Developer tooling
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High Tower
@htwtech
5/13 Among wallet options: @LeatherBTC (ex-Hiro Wallet) - browser/desktop app managing $STX, $sBTC, and $BTC. Supports dApp connections, transaction signing, Ledger integration. @XverseApp - mobile wallet with staking features and NFT support built in 6/13 @ALEXLabBTC built a full DeFi suite: trading, lending, token launchpad. They model tokenomics on traditional financial markets with dynamic token launch features
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