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BIP-420 – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Fri, 26 Jul 2024 19:30:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png BIP-420 – DIGIT INFO https://www.digit.info 32 32 Bitcoin Network’s OP_CAT upgrade fuels developer innovation https://www.digit.info/bitcoin-networks-op_cat-upgrade-fuels-developer-innovation/ Fri, 26 Jul 2024 19:30:00 +0000 https://www.digit.info/bitcoin-networks-op_cat-upgrade-fuels-developer-innovation/

Bioniq CEO Bob Bodily talks about Ordinals and the need for covenants on the Bitcoin network at Bitcoin 2024.

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OP_CAT Proposal Assigned BIP-347, Aims to Enhance Bitcoin With Ethereum-Style Smart Contracts https://www.digit.info/op_cat-proposal-assigned-bip-347-aims-to-enhance-bitcoin-with-ethereum-style-smart-contracts/ Thu, 25 Apr 2024 00:20:13 +0000 https://www.digit.info/2024/04/25/op_cat-proposal-assigned-bip-347-aims-to-enhance-bitcoin-with-ethereum-style-smart-contracts/ Read more]]> News Bytes - 13OP_CAT, a proposal aimed at introducing Ethereum-like smart contract functionality to Bitcoin, has been assigned the Bitcoin Improvement Proposal (BIP) number 347, marking the first step towards potentially implementing this long-discussed software upgrade. Co-authors Ethan Heilman and Armin Sabouri have emphasized that receiving a BIP number mainly facilitates discussion around the proposal by providing a […]

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Controversy Swirls Around Bitcoin’s BIP-420: Push Behind Opcode ‘Isn’t in Good Faith,’ Says Developer https://www.digit.info/controversy-swirls-around-bitcoins-bip-420-push-behind-opcode-isnt-in-good-faith-says-developer/ Tue, 23 Apr 2024 18:34:56 +0000 https://www.digit.info/2024/04/23/controversy-swirls-around-bitcoins-bip-420-push-behind-opcode-isnt-in-good-faith-says-developer/ Read more]]> Controversy Swirls Around Bitcoin's BIP-420: Push Behind Opcode 'Isn't in Good Faith,' Says DeveloperOn Monday evening, Taproot Wizards co-founder Udi Wertheimer unveiled a Bitcoin Improvement Proposal (BIP) that reintroduces the OP_CAT opcode to Bitcoin. This opcode could facilitate more streamlined and efficient decentralized file hosting systems, payment channels, and sophisticated Bitcoin smart contracts by minimizing reliance on intricate cryptographic techniques. However, Bitcoin developer Luke Dashjr has labeled the […]

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