SIP-028 Approved with Strong Support from the Community
November 13, 2024
The vote on SIP-028 has closed and the results are in, reflecting an overwhelming 'yes' from the community.

Quick highlights:

  • 1,293 addresses participated in the vote
  • 136,043,064 STX went towards 'yes' votes
  • 145,286 STX went towards 'no' votes
  • Locked Stacks: 99.8901 % in favor
  • Unlocked Stacks: 99.9335 % in favor
SIP-028 Overview
SIP-028 is a critical proposal that lays the groundwork for the sBTC system by defining the criteria for selecting sBTC Signers. These Signers will be essential in ensuring the security and efficiency of the sBTC protocol. The SIP outlines key requirements for potential Signers, including proven experience, high reliability, responsive communication, network contributions, and geographic distribution.
Strong Approval
The approval of SIP-028 highlights the community's alignment on the vision for sBTC and the importance of establishing a robust, decentralized system for its management. These are outcomes that signal we’re on the right track! With this groundwork in place for sBTC, the way forward is clear for next steps in bringing programmable Bitcoin to life through the Stacks ecosystem.

We extend our gratitude to everyone who participated in the voting process, as well as those who contributed to the development and refinement of the proposal. Their collaboration with Core Developers continues to drive the Stacks network forward, solidifying its position as the leading Bitcoin L2.
How SIP-028 Moves the sBTC launch forward
To expedite the launch of sBTC, the initial signer set has been selected based on the criteria established in this SIP. Following this process will help ensure a simpler, faster system for the rollout of sBTC, providing builders with early access to programmable Bitcoin.

  • Full details and discussion around SIP-028 are always publicly available and can be viewed here.