Analyzing BIP119 And The Controversy Surrounding It
The debate about BIP119 has two central issues being conflated: the proposal itself and the activation mechanisms that could be used to implement it.This is an opinion piece about BIP119 (OP_CTV). If you would like to submit a counter argument, please email Bitcoin Magazine.BIP119, or Check Template Verify (CTV), has been the center of an absurd and ridiculous controversy in the last week or so. There are two aspects of what is currently driving this controversy, the CTV functionality itself and the floated idea of activating it in the short term utilizing the controversial Speedy Trial....
Related News
There are many differing opinions about BIP119. This Twitter Spaces conversation aims to clear up some of the confusion and offer explanations.
In Bitcoin, it is nearly impossible to find out how much support there is for a proposal without trying it. CTV is a non-invasive change and should be accepted.
There’s never been a whirlwind of politics surrounding an open source project on the scale that we see with Bitcoin. Alternative implementations are considered controversial on principle, and Core devs can’t propose a bug fix without being accused of manipulation on behalf of outside interests. However, BSD, another popular open source project, doesn’t seem to have these problems. Why not? At the same time, though, we’ve never seen an OSS project so paralyzed by community sentiment, at the cost of the functionality of the software they produce. Many would argue that this is because the....
A California politician has become embroiled in a growing controversy surrounding an investment company, an alternative digital currency and investors who say they've been duped. According to reports by The Pasadena Star-News, state and federal regulators are investigating US Fine Investment Arts Inc (USFIA), a company backing a digital currency called Gemcoin. The Los Angeles Times reports that the US Federal Bureau of Investigation (FBI) is also speaking with investors who have accused the company of running a scam. An official with the California Department of Business Oversight....
BIP119, which adds limited covenants to Bitcoin, is the current conversation and many people question if Speedy Trial for Taproot was a good precedent.