muneeb.btc
@muneeb
founder @stacks, a bitcoin L2 for scaling & programming BTC. bitcoin class of 2013.
stacks network completes a 500% increase in network bandwidth. the tenure-extend feature of nakamoto that increases network capacity has been live on mainnet. core devs plan to work on several other optimizations in 2025 but it’s great to see this one live already!
the @stacks defi will be the most unique ecosystem yet - btc yield everywhere btc yield on btc btc yield on native token (stx) btc yield on usd
turns out blockstream had more than 30,000 BTC on their balance sheet all these years. they likely used a large portion of their $21M raise in 2014 to buy and hodl bitcoin. respect 🫡
We’re excited to announce that our integration with @Stacks is now live! Stacks is building the future of Bitcoin. Now you can see it happening onchain. 👇
bitcoin bull since 2013. bitcoin L2 builder since 2017. having early conviction and unstoppable grit is how we’re going to make the on-chain BTC economy a reality.
we’ve long believed: (a) bitcoin dominance will continue to rise as BTC becomes the clear monetary standard. (b) a bitcoin economy will emerge on L2s as BTC becomes a productive asset. part (a) is playing out and early evidence for (b) e.g., 5,000 BTC deployed on stacks L2.
Bitcoin is going multichain. @muneeb's vision of expanding BTC liquidity is being realized as @Stacks prepares to bring sBTC multichain. The integration will be powered by @Wormhole NTT, the standard for making any token natively multichain.
wormhole to integrate the leading bitcoin L2, stacks! this opens two-way asset flows (STX, sBTC etc) between stacks and major L1s like solana and sui. the bitcoins must flow 🟧
Stacks 🤝 Wormhole $sBTC and $STX are going natively multichain with Wormhole NTT. Wormhole will integrate @Stacks to take $1.5 billion in sBTC and STX multichain, starting with @solana and @SuiNetwork.
the alpha from the selini summit is that the bitcoin treasury companies are the new ICOs, most will flop but some will be massively successful. largest bid right now is for wrapped bitcoin/crypto listed as securities on tradfi. who would’ve thought.
Muneeb Ali, the Future of Stacks, and the Practices that Sustain Long-Term Innovation x.com/i/broadcasts/1…
Brilliant founders gathered for our dinner, but I know you came to see the baby😝
bitcoin price reflects the most accurate immediate global sentiment right after a major event. currently trending up.
I care deeply about Bitcoin innovation. Amid all the noise, @Stacks and @Muneeb have consistently proven themselves as top Bitcoin innovators. Stacks’ new SIP-031 treasury management framework sets Stacks up for growth. Over half a billion dollars in Bitcoin is already…
funds like placeholder, USV, hivemind and others are publicly supporting SIP-31. i’m excited for a new growth era for stacks!
Current version looks good and @usv as a holder of $STX is supportive of SIP-31
it’s great to see how the stacks community came together to improve the stacks growth SIP-31. i’ve mostly stayed in the background, letting other leaders and the community drive this process. current version looks strong and shows the strength of our organic community 🙏🟧
With the new roadmap, DeFi strategy, and proposal in place, we believe portco @Stacks is positioned for its next phase of growth. The SIP 31.1 proposal reflects a serious, long-term commitment to builders, users, and the STX asset. This is how lasting ecosystems are built.🟧
going live on spaces about stacks growth SIP with @zhang_matt (Hivemind)
x.com/i/spaces/1ypJd…