The Stacks Foundation announced Asymmetric Research's entry into the ecosystem to support the security of the network and the new sBTC asset.
Asymmetric Research's Participation in Stacks Ecosystem
Today, the Stacks Foundation announced that the leading security firm Asymmetric Research has joined the Stacks ecosystem as a security participant. Asymmetric Research has already made significant contributions through the audit of the new sBTC asset and joined the Stacks signer network. Asymmetric is renowned for its track record in securing protocols such as Wormhole, Jump Crypto, Solana, and Cosmos.
Role of Signers in the Stacks Network
Signers play a crucial role in the Stacks network by securing the deposit and withdrawal process between BTC and sBTC, facilitating a seamless transition of BTC into the Bitcoin L2 ecosystem. Asymmetric will join other industry leaders such as BitGo and Blockdaemon in bolstering the Stacks signer network, which is one of the most robust in the Bitcoin ecosystem.
Expanded Approach to Stacks Security
The Stacks Foundation is actively advancing its security programs. In addition to the audit by Asymmetric Engineering, the security program includes other initiatives such as Hypernative's participation and the creation of the whitehat security program. These measures aim to enhance the overall security level in the network, minimizing risk and improving trust among users and developers.
Asymmetric Research's joining the Stacks ecosystem is a crucial step in strengthening network security and the development of sBTC as a programmable Bitcoin-based asset.