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Stacks Nakamoto is expected to be successfully upgraded on the 15th of this month, and STX production will be halved

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2024-09-02 02:46:39
After the successful upgrade of Stacks Nakamoto this month, according to the new consensus rules, the reward will be halved, and only 500 STX tokens will be awarded per bitcoin block. According to the plan, the official expects to carry out a hard fork at the height of Stacks block 861500 to activate all Stacks Nakamoto new rules, while improving the efficiency of the Stacks network, the output will be halved simultaneously. Calculated from the current block height, the upgrade is expected to be successfully completed around September 15th.
It is reported that the current Stacks blockchain uses the POX mining mechanism, with miners staking bitcoin and rewarding STX tokens with 1,000 STX tokens per bitcoin block.
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