Bitcoin's use cases are seeing 'explosive growth' and its the 'best thing that could have happened,' says TrustMachinesco CEO and Stacks co-founder muneeb during a Consensus2023 presentation. FrederickMunawa reports.
The report identified bitcoin non-fungible tokens , bitcoin name services and recent developments on the Stacks blockchain – a bitcoin smart contract platform that powers much of the Trust Machines’ ecosystem – as the key use cases driving new growth and adoption.
While the Web3 development has grown exponentially based on other blockchains such as Ethereum, development on Bitcoin has lagged. However, with new use cases and technologies emerging, this is likely going to change, said Muneeb Ali, CEO of Trust Machines and co-founder of Stacks, during a panel Friday at"It's the revival of the developer culture that I'm by far the most excited about.
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