How CTV Can Help Scale Bitcoin

OP_CHECKTEMPLATEVERIFY has once again become a focal point in the conversation about improvements to scale Bitcoin. This time around there are many more alternative designs for covenants being proposed, and actual concrete designs that make use of CTV as scaling solutions (Timeout Trees and Ark). The conversation has a much larger depth of concepts to take into consideration, both in terms of alternatives that could be adopted as well as concrete proposals that CTV could enable. One narrative circulating from the camp of people against CTV is that “CTV doesn’t…

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Bitcoin Needs To Change For Its Ethos To Scale

This is an opinion editorial by Michael Matulef, an electrician, independent student of Austrian economics and member of the Mises Institute. Bitcoin needs to change! In the realm of Bitcoin heresy, before you prepare to hang me from the gallows for that statement, permit me to express my final thoughts. Allow me to provide a brief introduction — I am not a galaxy-brained, shadowy super coder. I must admit to my relative ignorance in the fields of computer science and cryptography. I do not work within the Bitcoin industry. Instead,…

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