Ryder Partners with FAST Pool for Stacks’ Nakamoto Upgrade
Ryder, a crypto hardware wallet, is teaming up with FAST Pool, a self-service stacking service, to participate as a Signer in the upcoming Stacks’ Nakamoto upgrade. This collaboration is a significant step in advancing Stacks as a complete Bitcoin layer-2 solution.
Enhancing the Stacks Ecosystem
FAST Pool allows users to stack STX, contribute to processing sBTC, and participate in network validation within the Stacks ecosystem. By operating FAST Pool and becoming a Signer in the Nakamoto upgrade, Ryder is strengthening the decentralized foundation of Stacks and improving the scalability of Bitcoin.
The Role of Ryder as a Signer
Ryder’s participation as a Signer plays a crucial role in enabling permissionless movement of BTC onto the Stacks Layer. Signers validate Stacks blocks and process transactions, ensuring network security. With Ryder’s involvement and 43 million STX locked, the network’s decentralization and resilience will be enhanced.
A Safer and Easier Experience
“Making life easier and safer for users is at the core of our mission at Ryder,” says Louise Ivan, CEO at Ryder. The integration with FAST Pool aims to improve usability and accessibility within the Stacks ecosystem while providing an additional layer of security for Bitcoin.
Empowering Users and Strengthening Security
This partnership represents a significant milestone for Ryder and the broader Stacks community. By empowering users to participate in network validation and enabling seamless BTC-to-sBTC transfers, Ryder is encouraging individuals to take ownership of their digital assets and contribute to the future of Bitcoin.
Hot Take: Ryder and FAST Pool Join Forces for Stacks’ Nakamoto Upgrade
Ryder, a crypto hardware wallet, is partnering with FAST Pool to participate as a Signer in the upcoming Stacks’ Nakamoto upgrade. This collaboration aims to strengthen the decentralized foundation of Stacks and enhance the scalability of Bitcoin. By empowering users to stack STX, contribute to network validation, and enable seamless BTC-to-sBTC transfers, Ryder is making Bitcoin more accessible and secure for everyone.
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