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Bitcoin Upgrade Proposal BIP-119 Expected to Be Finalized by End of Year
Summary: According to reports from Cointelegraph, the long-dormant Bitcoin Improvement Proposal OP_CHECKTEMPLATEVERIFY (CTV or BIP-119) is currently gaining attention, with support from prominent Bitcoin developers and companies. If ultimately approved, it will enhance Bitcoin's scalability, security, and usability, particularly by introducing 'covenants' and 'vaults' functionalities. These features are expected to improve user self-custody experiences and foster ...
According to reports from Cointelegraph, the long-dormant Bitcoin Improvement Proposal OP_CHECKTEMPLATEVERIFY (CTV or BIP-119) is currently gaining attention, with support from prominent Bitcoin developers and companies. If ultimately approved, it will enhance Bitcoin's scalability, security, and usability, particularly by introducing 'covenants' and 'vaults' functionalities. These features are expected to improve user self-custody experiences and foster more secure, smarter second-layer applications, such as the Lightning Network and Ark.
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Link: Bitcoin Upgrade Proposal BIP-119 Expected to Be Finalized by End of Year [Copy]
