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  <updated>2024-10-30T15:28:19Z</updated>
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  <title>Nostr notes by Jimmy Floyd</title>
  <author>
    <name>Jimmy Floyd</name>
  </author>
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      <title type="html">💲 The Bitcoin ecosystem just hit a major milestone with the ...</title>
    
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      💲 The Bitcoin ecosystem just hit a major milestone with the full activation of Stacks Nakamoto upgrade at block 867867. &lt;br/&gt;&lt;br/&gt;📝 For those unfamiliar, Stacks is a Layer 2 solution built on top of Bitcoin.&lt;br/&gt;&lt;br/&gt;🍿  What You Need to Know About the Nakamoto Upgrade and Bitcoin DeFi:&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;1️⃣ DeFi Potential: Currently, just 0.012% of Bitcoin is used in DeFi. The upgrade aims to expand Bitcoin-backed lending, stablecoins, and other DeFi functions.&lt;br/&gt;&lt;br/&gt;2️⃣ Faster Transactions: Using the Stacks Layer 2, transactions process in under 5 seconds, compared to Bitcoin’s 10-minute block time, without changes to Bitcoin&amp;#39;s core.&lt;br/&gt;&lt;br/&gt;3️⃣ Security: Nakamoto’s model maintains Bitcoin’s established security level while enabling faster, more flexible transactions.&lt;br/&gt;&lt;br/&gt;4️⃣ New Programming Language: Clarity, designed specifically for Bitcoin, allows secure programming for DeFi.&lt;br/&gt;&lt;br/&gt;5️⃣ Proof of Transfer (PoX): PoX links Stacks and Bitcoin economically, it let users secure the network by locking STX and earn BTC rewards.  &lt;img src=&#34;https://image.nostr.build/c92efe3f4041e015e326b88e362c5e8163b6ec3e925c01a6440b52691e63aaae.jpg&#34;&gt;  
    </content>
    <updated>2024-11-01T23:24:24Z</updated>
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  <entry>
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      <title type="html">🇺🇸U.S Bitcoin spot ETFs have hit 53% of Gold ETF assets in ...</title>
    
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      🇺🇸U.S Bitcoin spot ETFs have hit 53% of Gold ETF assets in just 10 months of trading&lt;br/&gt;&lt;br/&gt;With $70B poured into Bitcoin ETFs in 2024, they&amp;#39;re already rivaling the $138B held across 35 U.S. Gold ETFs — which, had a 20-year head start since their launch in 2004.&lt;br/&gt;&lt;br/&gt;ETF to market cap ratio shows how much demand there is for BTC&lt;br/&gt;&lt;br/&gt;$70b - $1.4T&lt;br/&gt;&lt;br/&gt;$140b - $18T
    </content>
    <updated>2024-11-01T20:49:18Z</updated>
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  <entry>
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      <title type="html">U.S. spot Bitcoin ETFs had inflow of $870M yesterday, the third ...</title>
    
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      U.S. spot Bitcoin ETFs had inflow of $870M yesterday, the third largest inflow since launch.  &lt;img src=&#34;https://image.nostr.build/76effa5e9e8eff5abc0841751d5713c60b58850a76e9624a2c6a7abc57213695.jpg&#34;&gt;  
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    <updated>2024-10-30T15:30:29Z</updated>
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