JANUARY 14, 2021
Stacks 2.0 Launches Today: Apps and Smart Contracts for Bitcoin
by Muneeb Ali on January 14, 2021
Stacks 2.0 brings apps and smart contracts to Bitcoin. The Stacks journey started at Y Combinator and Princeton University and after early R&D, the project has evolved from a handful of engineers and scientists to a thriving decentralized ecosystem. The global ecosystem has 33,000+ community members, 400+ decentralized apps, and 300,000+ Stacks (STX) cryptocurrency holders globally. Together, we're building a user-owned internet on Bitcoin.

We've battle tested the infrastructure and are thrilled to announce the latest progress — Stacks 2.0 is launching today. Today, the first consensus algorithm between two blockchains is launching that connects Stacks to Bitcoin.

Stacks 2.0 Launch Event

Stacks, which you may recognize as Blockstack, unlocks new use cases and functionality for the world's most secure blockchain, Bitcoin, without modifying Bitcoin itself. The Stacks 2.0 blockchain allows bitcoin to scale, while Clarity Smart contract language designed by Stacks developers and Algorand makes Bitcoin programmable.

Developers can now build on the capital, security, and immutability of Bitcoin and explore a world of Bitcoin-based DeFi and Dapps, unlocking Bitcoin capital and building upon it as a base layer.

Sign up to attend the ongoing Stacks 2.0 mainnet launch event to learn more about Stacks 2.0 including showcase apps, ecosystem partners, and further updates.
Muneeb Ali
Co-Founder, Stacks
Dr. Muneeb Ali is the founder of Stacks, a decentralized network that brings apps and smart contracts to Bitcoin. He serves as the CEO of Hiro PBC, a Public Benefit Corp that builds developer tools for the Stacks blockchain. He has raised $75 million USD in funding from investors like Union Square Ventures, Y Combinator, Lux Capital, Winklevoss Capital, and others. Hiro (formerly Blockstack PBC) was featured in the CNBC's list of 100 promising startups to watch. Muneeb received his Ph.D. and Masters in Computer Science from Princeton University. His Ph.D. thesis was nominated for the ACM SIGCOMM dissertation award by Princeton University. Muneeb gives guest lectures on cloud computing at Princeton and his research publications have over 1,300 citations. He is one of the main characters in George Gilder's book Life After Google and was a technical advisor to the HBO show Silicon Valley.