Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.
A group of top Bitcoin developers collaborating across multiple teams is claiming a breakthrough on the oldest and largest blockchain, outlining a way of adding a type of programming known as"covenants" that could unlock crucial functionality such as new wallet and vault features and more efficient layer-2 protocols.
However, that effort would require changes to the Bitcoin software, as would a separate proposal for covenants known as OP_CTV, proposed by the developer Jeremy Rubin.
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