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Blockspace: Developer consensus may be reaching agreement on Bitcoin's soft fork proposal
Editor
4 hours ago 2,252
On March 18, according to CoinDesk's signings to Blockspace, two Bitcoin improvement proposals (BIP): BIP 119 and BIP 348 are receiving public support, and these two proposals may be implemented in Bitcoin's next soft fork. BIP 119 refers to OP_CHECKTEMPLATEVERIFY (CTV), while BIP 348 refers to OP_CHECKSIGFROMSTACK (CSFS). These BIPs propose new ways to write Bitcoin scripts, which are explicitly supported by numerous developers and can significantly improve Bitcoin’s self-custody, fee management, and existing technologies such as Lightning Network, Ark and contract-based applications. Blockspace wrote that this is the first time in more than four years that Bitcoin users have pushed for changes to the underlying software of the project. It is reported that the process of Bitcoin's soft fork requires support from stakeholders including developers, custodians, investors and miners, and miners need to express support for making changes to the blocks they mine.
Keywords: Bitcoin
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