Contemplating the Governance Suitability of Bitcoin Improvement Proposals through Inscriptions and BIP-119
Bitcoin Investing 

Contemplating the Governance Suitability of Bitcoin Improvement Proposals through Inscriptions and BIP-119

BIP-119 is an improvement proposal introduced by Rubin in 2022. It advocates for the introduction of a new opcode called CheckTemplateVerify (CTV) to enable the implementation of on-chain covenants in the Bitcoin network. The proposal aims to provide a modular system that, when combined with other tools, can construct more advanced applications.

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