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Luganodes to Support Stacks Layer and Enable Bitcoin Rewards

Luganodes to Support Stacks Layer and Enable Bitcoin Rewards

2024/02/01 19:01
BTC-0.20%STX+0.43%

Luganodes, a provider of institutional-grade pledging services, has announced that it will support Stacks Layer and enable Bitcoin L2 Rewards, meaning that institutions will now be able to earn native BTC rewards, in addition to becoming a "signer" for Nakamoto's upgrades, whose key roles will include validating Stacks blocks and processing sBTC transactions, contributing to the security and decentralisation of the network.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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