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🌟 Exciting News for Bitcoin Enthusiasts! 🌟
🚀 Bitcoin Proposal BIP-420 Receives Official Support! 🚀
Udi Wertheimer, co-founder of Taproot Wizards and advocate of OP_CAT, announces the official BIP number: BIP-420! 🎉
🔍 What does BIP-420 entail?
- Enhanced Bitcoin contracts ✨
- Smart contracts 💡
- Secure bridges 🌉
- On-chain transactions 💰
- zk proof verification 🔒
💡 OP_CAT opcode is set to revolutionize Bitcoin's functionality, making decentralized protocols more practical and supporting advanced multi-signature setups.
🛠️ How does BIP-420 reintroduce OP_CAT?
- Through a backward-compatible soft fork ✅
- Redefining opcode OP_SUCCESS126 to reintroduce OP_CAT 🔄
🌐 Community consensus is key! The possibility of an OP_CAT soft fork depends on technical, security, and community consensus considerations. Let's watch closely for further developments! 🚀
#Bitcoin #BIP420 #OPCAT $BTC #BullorBear #Megadrop
🚀 Bitcoin Proposal BIP-420 Receives Official Support! 🚀
Udi Wertheimer, co-founder of Taproot Wizards and advocate of OP_CAT, announces the official BIP number: BIP-420! 🎉
🔍 What does BIP-420 entail?
- Enhanced Bitcoin contracts ✨
- Smart contracts 💡
- Secure bridges 🌉
- On-chain transactions 💰
- zk proof verification 🔒
💡 OP_CAT opcode is set to revolutionize Bitcoin's functionality, making decentralized protocols more practical and supporting advanced multi-signature setups.
🛠️ How does BIP-420 reintroduce OP_CAT?
- Through a backward-compatible soft fork ✅
- Redefining opcode OP_SUCCESS126 to reintroduce OP_CAT 🔄
🌐 Community consensus is key! The possibility of an OP_CAT soft fork depends on technical, security, and community consensus considerations. Let's watch closely for further developments! 🚀
#Bitcoin #BIP420 #OPCAT $BTC #BullorBear #Megadrop
OP_CAT, a proposal to introduce Ethereum-like smart contract features to Bitcoin, has been assigned the Bitcoin Improvement Proposal (BIP) number 347.
The proposal, co-authored by Ethan Heilman and Armin Sabouri, aims to spark discussions within the Bitcoin community about expanding the network's capabilities.
#OPCAT #bitcoinhalving #BinanceLaunchpool #Megadrop #BullorBear
The proposal, co-authored by Ethan Heilman and Armin Sabouri, aims to spark discussions within the Bitcoin community about expanding the network's capabilities.
#OPCAT #bitcoinhalving #BinanceLaunchpool #Megadrop #BullorBear
OP_CAT, also known as BIP-420, has been launched on Bitcoin's official testnet 'SIGNET', enabling developers to build advanced applications using CatVM and conduct real-time testing.
#OPCAT #BIP420 #signet #catvm #bitcoinhalving
#OPCAT #BIP420 #signet #catvm #bitcoinhalving
StarkWare is taking three steps to scale Bitcoin:
•Proposing a new design for Starknet, a decentralized Layer 2, to settle on both Ethereum and Bitcoin simultaneously.
•Launching a $1 million fund to support research and development on OP_CAT, a feature that enables trustless rollups on Bitcoin.
•Publicly supporting the OP_CAT Bitcoin soft fork, which allows recursive covenants to manage and update their state autonomously.
StarkWare believes that STARKs and Starknet are well-suited to achieve this Bitcoin scaling, as STARKs can provide the necessary cryptographic proofs and Starknet can become a single Layer 2 that scales both Ethereum and Bitcoin.
#StarkWare #StarkWareFoundation $BTC #OPCAT #StarknetUpdate $STRK
•Proposing a new design for Starknet, a decentralized Layer 2, to settle on both Ethereum and Bitcoin simultaneously.
•Launching a $1 million fund to support research and development on OP_CAT, a feature that enables trustless rollups on Bitcoin.
•Publicly supporting the OP_CAT Bitcoin soft fork, which allows recursive covenants to manage and update their state autonomously.
StarkWare believes that STARKs and Starknet are well-suited to achieve this Bitcoin scaling, as STARKs can provide the necessary cryptographic proofs and Starknet can become a single Layer 2 that scales both Ethereum and Bitcoin.
#StarkWare #StarkWareFoundation $BTC #OPCAT #StarknetUpdate $STRK
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OP_CAT Expected To Launch On Bitcoin Testnet Signet Next Week
According to Foresight News, Udi Wertheimer, the advocate of OP_CAT and co-founder of Taproot Wizards, has announced that OP_CAT, also known as BIP-42, is expected to launch on the Bitcoin testnet Signet next Tuesday, April 30. This will allow developers to build OP_CAT applications using CatVM and conduct real-time testing on the official test network.
Signet is the name of the Bitcoin test network designed for developers to test their software. It operates without miners and does not require proof of work, creating a block every 10 minutes on average.
Signet is the name of the Bitcoin test network designed for developers to test their software. It operates without miners and does not require proof of work, creating a block every 10 minutes on average.