CTV+CSFS: Can we reach consensus on a first step towards covenants?

Posted by instagibbs

Mar 17, 2025/22:45 UTC

The discussion revolves around the selection of OP_NOP4 for Bitcoin Improvement Proposal 119 (BIP119) over other possible upgrade paths such as tapleaf version or OP_SUCCESS. The primary reason behind this choice appears to be timing, as BIP119 was conceptualized before the introduction of the taproot BIP. This chronology suggests that OP_NOP4 was chosen due to the constraints and understanding present at the time of its writing, rather than it being considered superior to alternatives that were later developed or proposed.

Understanding the context and rationale behind specific choices in the development of blockchain technologies, like Bitcoin, is crucial for both developers and enthusiasts. It sheds light on the iterative and sometimes contingent nature of technological advancement, where decisions are often made based on the current knowledge, resources, and consensus mechanisms available. In this case, the selection of OP_NOP4 illustrates how developers must navigate the complex landscape of technical possibilities, community consensus, and the evolving framework of the technology they are contributing to.

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Mar 10 - Apr 12, 2025

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