Stacks Completes PoX-5 Hardfork, Sets Stage for Bitcoin Staking

The Stacks team has made significant progress toward implementing Bitcoin Staking on its platform. The PoX-5 hardfork, which completed this week, marked the first step in this rollout with the consensus layer now live and verified. This achievement sets the stage for further developments in the coming weeks.

The next major milestone is the Genesis Bond, scheduled to be available by late August. While its specific details are still unclear, it's expected to play a crucial role in the staking ecosystem. The Genesis Bond will give users a stated use for STX within this new system.