#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Nakamoto upgrade of Stacks has been launched, introducing the mechanisms of 'Quick Block' and 'BTC Finality'.
PANews reported on October 29th that Muneeb Ali, co-founder of the BTCLayer2 network Stacks, stated on the X platform that Stacks' Nakamoto upgrade has been successfully launched. With this upgrade, for Stacks Layer2 transactions, the finality of BTC reaches 100%, and transaction sequencing and reversal are protected by the entire BTC hash power; 'Fast Blocks' shorten the latency to a few seconds instead of BTC's 10-40 minutes; Stacks no longer forks with BTC, and the only way to fork Stacks L2 is to reorganize BTC itself; Nakamoto has laid the foundation for SBTC to go live, and it is expected to go live within 4-6 weeks from now. Core developers have released this version, focusing on following network security and conducting large-scale upgrades. In the coming weeks, more optimization measures for network bandwidth and latency will be introduced; these upgrades are not critical Consensus upgrades, but normal Node upgrades.