Stacks has launched the PoX-5 public testnet, opening the feature to developers ahead of a planned mainnet hard fork. The upgrade is designed to let users stake Bitcoin on the Bitcoin mainnet through time-locking without handing assets to a custodian. Mainnet activation is expected around July 29, with a target Bitcoin block height of 907,740. Stacks also said the initial rollout will include a capacity cap.
The move follows community approval of two governance proposals, SIP-044 and SIP-045, which passed with more than 99.99% approval. Stacks said a Bitcoin protocol bond called Genesis Bond is planned as the next step. The update was reported by Techub, citing CryptoBriefing. The announcement centers on pre-launch testing, giving developers a window to try the self-custody staking setup before the hard fork reaches mainnet.
Bitcoin Layer 2 network Stacks has launched the PoX-5 public testnet, allowing developers to test self-custodied Bitcoin staking before the planned mainnet hard fork.
Mainnet timing and target block
Mainnet activation is expected around July 29, with a target block height of 907,740.
What the upgrade changes
Under the upgrade, users will be able to stake Bitcoin on the Bitcoin mainnet through time-locking without using a custodian. Stacks said the initial launch phase will include a capacity limit.
Governance approvals already passed
Before the public testnet went live, the community had already approved two governance proposals, SIP-044 and SIP-045, with an approval rate above 99.99%. The project also plans to introduce a Bitcoin protocol bond called Genesis Bond at a later stage.
The update was reported by Techub, citing CryptoBriefing.
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