The Stacks Foundation announced today that Asymmetric Research has joined the Stacks ecosystem as a key security contributor in the Bitcoin L2 network.

Asymmetric Joins Stacks

Today, Asymmetric Research entered the Stacks ecosystem as a contributor responsible for security in the Bitcoin L2 network. Asymmetric is participating in the audit of the upcoming sBTC asset and is joining the Stacks signer network through the delegation program.

Asymmetric's Role in Stacks Network

Asymmetric Research has proven expertise in securing leading industry protocols, including Wormhole, Solana, and Cosmos. In the Stacks ecosystem, Asymmetric will contribute to safeguarding the deposit and withdrawal process between BTC and sBTC.

Security Developments with sBTC

sBTC, set to be released in Q4 this year, offers developers a decentralized, programmable Bitcoin asset. This will allow the secure utilization of Bitcoin's 1.2 trillion USD latent capital.

Asymmetric Research's entry into the Stacks ecosystem strengthens network security and provides additional resources for creating trusted and decentralized assets. This event underscores the importance of a comprehensive security approach in innovative projects.