🚨 Bitcoin Upgrade Proposals on the Table 🚨
Bitcoin devs are cooking up major protocol upgrades to enhance scalability, privacy, and smart contracts. Here’s what’s in the works:
🔹 BIP 119 - CheckTemplateVerify (CTV) → Enables predefined transaction templates for better batching, scalability & congestion control.
🔹 BIP 324 - Encrypted P2P Transport → Encrypts node communication to prevent eavesdropping & traffic analysis.
🔹 BIP 118 - SIGHASH_NOINPUT → Boosts Lightning Network flexibility with reusable addresses.
🔹 BIP 325 - Signet → A coordinated test network for better Bitcoin development.
🔹 BIP 347 - OP_CAT 🐱 → Reintroduces concatenation in Bitcoin scripts, paving the way for smart contracts, covenants, & trustless bridges.
Bitcoin is evolving. Are these upgrades necessary or risky? 🔥 Sound off below! 👇
#Bitcoin #BTC #OP_CAT #BIP347 #Taproot #LightningNetwork