In terms of performance, the Stacks layer provides high performance and scalability through faster Stacks layer blocks and scalability layers like subnets. The Stacks layer also has knowledge of the full Bitcoin state and can perform trustless reads of Bitcoin transactions and state changes. The Clarity language, a safe language for provable smart contracts, is also supported by the Stacks layer. The Nakamoto release also introduces a decentralized, non-custodial, Bitcoin-pegged asset, sBTC, which allows smart contracts to run faster and more cheaply without compromising safety. The transactions on the Stacks layer will be secured by the entire hash power of Bitcoin after about 100 Bitcoin blocks, providing Bitcoin finality for Stacks transactions. The Nakamoto release of Stacks introduces several new capabilities that enhance the power of the Stacks layer as a Bitcoin layer. It offers several innovations that make it unique, including a Clarity language for safe, decidable smart contracts, fast transactions that settle on Bitcoin, and a decentralized, two-way Bitcoin peg mechanism that enables smart contracts to trustlessly write to Bitcoin. Stacks is a Bitcoin layer for smart contracts that enables applications to trustlessly use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. However, the Bitcoin blockchain is slow, minimal, and conservative in its evolution, making it unsuitable for sophisticated applications that require fully-expressive smart contracts and high performance. Bitcoin is the most decentralized, secure, and durable blockchain, and is widely used as a store of value by millions of people.
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