Bitcoin Developers Move to Gauge Consensus on Covenants Soft Forks

A small, but important development in Bitcoin’s much-debated consensus process is taking place, with some developers moving to publicly test competing soft fork proposals that could add to the software’s rule set.

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Specifically, the effort began today with the creation of a page on the Bitcoin Wiki website called “Support Agreements,” where anonymous network developers can demonstrate their interest in no less than nine proposals, with a rating system of six options. .

The effort is unrelated to Bitcoin Core, the network’s largest software implementation.

However, it is noteworthy, since this process has been evoked in the evolution of Bitcoin’s past consensus, starting with the first soft fork, P2SH, in 2012, and continuing with the fictional Fork Wars, and SegWit, the most contested change to date, both they have dedicated Wiki pages.

Protocols, a way to limit the conditions of use of certain UTXOs, has been gaining ground since 2021, with the introduction of OP_CTV, approved by engineer Jeremy Rubin, although opinions were divided at the time on the strength of the proposal and its promotion.

Among those measured by the feelings of developers are OP_VAULT, a system of protocols specifically intended for storage, and OP_CAT, a change that can bring back the power of the Satoshi era, such as the ability to perform complex code queries.

Weighing in with their opinions are Luke Dashjr, one of the network’s longest-serving contributors, as well as newcomers like Jon Attack, Brandon Black, and MoonSettler.

If the effort gains traction, the page may appear as one to watch.

Bitcoin’s governance process, although highly contested, is rarely accompanied by a dedicated process, with some long-time stakeholders arguing against the need for a process at all.

Nevertheless, the movement shows a complete interest among the development community in moving forward with code updates that improve Bitcoin for users, although there may always be a debate about the preferred update, and the opening method that will make it work.

This article is a Take it. The views expressed are entirely those of the author and do not reflect those of BTC Inc or Bitcoin Magazine.


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