Hey fellow Stackers, with the successful Instantiation step of the Nakamoto upgrade behind us, this update will cover a significant change to the Activation timeline. With the benefit of more information and practical experience with aspects of the new network, the core developers have identified the need for a more advanced Signer resiliency/recovery system, something initially scoped for a later release.
As a result, they are projecting an additional 8 weeks of development time, plus time for testing, before the second hard fork that brings us Nakamoto features. Code complete on the new Signer resiliency features is expected July 15th and Activation starts August 28th.
Shifting dates this late in the game is not fun and I recognize this is disappointing - fast blocks just can’t get here fast enough! However, this change is being made to ensure the safety and liveness of the network upgrade. Let’s dive into the dynamics at play here, the primary benefits of the shift, and even a look at sBTC.