Tag: bip119

May 09 2022

Bitcoin Changes With User-Signaled Soft Forks

UASF versus URSF is one mechanism for proposed changes to Bitcoin’s code. This should be the way changes to Bitcoin are decided and implemented.Watch This Episode On YouTubeListen To The...

Analyzing BIP119 And The Controversy Surrounding It

The debate about BIP119 has two central issues being conflated: the proposal itself and the activation mechanisms that could be used to implement it.This is an opinion piece about BIP119 (OP_CTV). If you would like to submit a counter argument, please email Bitcoin Magazine.BIP119, or Check Template Verify (CTV),...

May 05 2022

A Conversation About The Controversy Surrounding BIP119

There are many differing opinions about BIP119. This Twitter Spaces conversation aims to clear up some of the confusion and offer explanations.This is a recording of a recent Twitter Spaces conversation about BIP119 (OP_CTV). If you would like to submit an opinion about BIP119, please email Bitcoin Magazine....

May 04 2022

Exploring BIP119 And The Way Changes Are Made In Bitcoin

In Bitcoin, it is nearly impossible to find out how much support there is for a proposal without trying it. CTV is a non-invasive change and should be accepted.This is an opinion piece about BIP119 (OP_CTV). If you would like to submit a counter argument, please email Bitcoin Magazine.In the past few weeks, there has been an effort to push a...

May 03 2022

A Modest Bitcoin Improvement Proposal, Proposal

Decentralized consensus is required to make changes to the Bitcoin code. Clear processes, standards and norms can ease decision-making in the future.This is an opinion piece about BIP119 (OP_CTV). If you would like to submit a counter argument, please email Bitcoin Magazine.We’ve Got A ProblemDecentralized consensus isn’t easy....

May 02 2022

Bitcoin Songsheet: Private Property And Covenants

Bitcoin stands out because it is a digital bearer asset that gives full private property rights to its users, and development must carefully protect this aspect.Good fences make good neighbors.Clear boundaries separate responsibility and make clear who is due what. With good boundaries, we can act more decisively because we know what we own. Without it, nobody feels responsible so it...

Apr 27 2022

Is Speedy Trial The Best Way To Change Bitcoin?

BIP119, which adds limited covenants to Bitcoin, is the current conversation and many people question if Speedy Trial for Taproot was a good precedent.The below is a direct excerpt of Marty's Bent Issue #1198: "OP_CTV and rough consensus" Sign...

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