reputation as a network that mainly supports digital gold may be changing as efforts gain traction to add new features via a software upgrade to its code.
In fact, it’s been left unchanged on purpose, as the fewer the changes, the more likely it is to remain stable and secure, the logic goes. Some believe OP_CAT could be the first step toward challenging that notion, and heavyweights in the crypto space are starting to sign onto the idea. “It’s a good idea because bitcoin custody benefits from some extra programmability,” said Adam Back, CEO of Blockstream, focused on bitcoin technology. “And extra programmability enables more layer-2 capabilities.”Those capabilities, for example, create better bridges with second-tier blockchains, making it more secure and easier to do transactions.
“I don’t care what technology primitive bitcoin gets under the hood,” Rubin said. “If we got OP_CAT, that will be fantastic. If we get OP_CTV, that will be fantastic.”
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: News24 - 🏆 4. / 80 Read more »
Stocks rise, dollar slips ahead of inflation data: Markets wrapBitcoin fell 2.7% to $67 726.88.
Source: Moneyweb - 🏆 5. / 77 Read more »
Bitcoin slump triggers warning of ‘trouble ahead’ for global marketsThe cryptocurrency has shed about 4% in the past two days following a near 16% plunge in April, the worst monthly drop since Sam Bankman-Fried’s FTX digital-asset empire imploded in November 2022.
Source: Moneyweb - 🏆 5. / 77 Read more »
Grayscale Bitcoin trust sees first inflows since US ETFs were approvedThe ETF has experienced net outflows of approximately $17.4bn since its conversion from a trust.
Source: Moneyweb - 🏆 5. / 77 Read more »
Source: mybroadband - 🏆 11. / 67 Read more »
Bitcoin’s longest losing streak of 2024 casts cloud over cryptoThe token is flirting with five straight days of declines.
Source: Moneyweb - 🏆 5. / 77 Read more »