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by everfree 1987 days ago
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What exactly do you mean by "xBTC is secured by Bitcoin itself?"

Do you mean that Stacks writes out its own block hashes to the Bitcoin blockchain, or something?

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> Do you mean that Stacks writes out its own block hashes to the Bitcoin blockchain, or something?

Yes; the entire history of attempts of mining Stacks blocks, as well as the entire history cryptographic sortitions that select Stacks blocks (including forks), is written to the Bitcoin chain. See SIP-001 for details: https://github.com/stacksgov/sips/blob/main/sips/sip-001/sip...