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OP_CAT – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 18 Nov 2024 14:00:00 +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 OP_CAT – DIGIT INFO https://www.digit.info 32 32 Cardano-Bitcoin bridge may be first step to true Bitcoin DeFi https://www.digit.info/cardano-bitcoin-bridge-may-be-first-step-to-true-bitcoin-defi/ Mon, 18 Nov 2024 14:00:00 +0000 https://www.digit.info/cardano-bitcoin-bridge-may-be-first-step-to-true-bitcoin-defi/

The new bridge lets users withdraw Bitcoin even if most Cardano nodes become malicious.

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Starknet will increase TPS 4X and reduce fees 5X within 3 months: CEO https://www.digit.info/starknet-will-increase-tps-4x-and-reduce-fees-5x-within-3-months-ceo/ Sun, 17 Nov 2024 23:29:34 +0000 https://www.digit.info/starknet-will-increase-tps-4x-and-reduce-fees-5x-within-3-months-ceo/

StarkWare is looking to reduce its already cheap fees as it anticipates a boom in blockchain activity and gas fees in the coming months.

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OP_CAT could go live on Bitcoin within 12 months: Eli Ben Sasson https://www.digit.info/op_cat-could-go-live-on-bitcoin-within-12-months-eli-ben-sasson/ Thu, 14 Nov 2024 02:17:38 +0000 https://www.digit.info/op_cat-could-go-live-on-bitcoin-within-12-months-eli-ben-sasson/

If approved, OP_CAT will introduce drastic changes to the Bitcoin network, including covenants, ZK-rollups, and even Bitcoin-native layer 2 networks. 

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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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Rushing OP_CAT on Bitcoin coulkd at an immense security cost https://www.digit.info/rushing-op_cat-on-bitcoin-coulkd-at-an-immense-security-cost/ Wed, 05 Jun 2024 18:31:56 +0000 https://www.digit.info/2024/06/05/rushing-op_cat-on-bitcoin-coulkd-at-an-immense-security-cost/

Operation Concatenate (OP_CAT) could be a game-changer for Bitcoin. But if its security risks are not diligently addressed, it could also undermine Bitcoin.

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StarkWare launches $1M research fund for ZK Bitcoin scaling https://www.digit.info/starkware-launches-1m-research-fund-for-zk-bitcoin-scaling/ Tue, 04 Jun 2024 13:30:00 +0000 https://www.digit.info/2024/06/04/starkware-launches-1m-research-fund-for-zk-bitcoin-scaling/

StarkWare’s fund seeks to promote research into OP_CAT and demonstrate its potential to unlock and benefit Bitcoin and the blockchain community in general.

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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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