Bitcoin upgrade proposal BIP-119 may be finalized before the end of the year

This article is machine translated
Show original

According to ChainCatcher and Cointelegraph, the long-dormant Bitcoin Improvement Proposal OP_CHECKTEMPLATEVERIFY (abbreviated as CTV or BIP-119) is currently gaining attention, supported by prominent Bitcoin developers and companies. If ultimately approved, it will enhance Bitcoin's scalability, security, and usability, particularly by introducing "covenants" and "vaults" features.

These features are expected to improve the self-custody experience and foster more secure and intelligent second-layer applications, such as Lightning Network and Ark.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments