Ahead of the upcoming launch of Stacks 2.0 on Jan. 14th 2021, we wanted to outline some important information for Stacks holders and others that may be entering the ecosystem for the first time. First of all, thanks for being here. We're so excited for all the rich features and opportunity that Stacks 2.0 holds!
The Stacks 2.0 launch is a hardfork of the network happening over the course of a few days — anticipated ~Jan. 11th to Jan 14th. We've made consistent
progress in getting to this point, having reached
feature completion of the network on December 15th. We've stress-tested and
audited the network and have seen testnet mining competitions with
over 800 miners and tons of community contributions and involvement.
UPDATE as of Jan. 11, 2021: See latest launch timelines
here.
We're thrilled to be around the corner from mainnet launch, but this is just the start of the journey. To that end, there are a few things we want early adopters of Stacks to keep in mind when upgrading to the 2.0 network, and we've outlined those areas below. Please see the brief summary below and jump to any topic for further details:
Exchanges and Custody Providers: In the process of the hardfork from Stacks 1.0 to Stacks 2.0, users might see some expected impacts on exchange activity and custody providers. You should check with your exchange or custody provider to see how the hardfork might impact those services.
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Apps: You may need to log in and out of apps that you were logged into on Stacks 1.0. App developers are individually responsible for upgrading their apps, and some might take time to fully upgrade. Given ongoing work at Hiro, a small group of apps that subsidize their names through a subdomain registrar will be impacted for a brief period of time upon launch.
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Stacking: We encourage you to register for
Stacking as soon as it is live on the network, but keep in mind that the first cycle is to get the network kicked off and will not offer BTC rewards. Stacking rewards are anticipated to start the
following reward cycle, roughly ~2 weeks post mainnet launch, approximately at the end of January 2021.
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Wallet: Given network upgrades, we recommend a few paths forward for Stacks holders. As long as you have your wallet seed phrase, your funds are safe and can be restored on the new Stacks 2.0 wallet.
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