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Blockspace: Developer consensus may be reaching agreement around Bitcoin soft fork proposal

On March 18, CoinDesk reported that two Bitcoin Improvement Proposals (BIPs): BIP119 and BIP348 are gaining public support, and these two proposals may be implemented in the next soft fork of Bitcoin. BIP 119 refers to OP_CHECKTEMPLATEVERIFY (CTV), and BIP 348 refers to OP_CHECKSIGFROMSTACK (CSFS). These BIPs propose a new way to write Bitcoin scripts, have clear support from many developers, and can significantly improve Bitcoin's self-hosting, fee management, and existing technologies such as Lightning Network, Ark, and contract-based applications. Blockspace wrote that this is the first time in more than four years that Bitcoin users have pushed for changes to the underlying software of the project. It is reported that the Bitcoin soft fork process requires the support of stakeholders including developers, custodians, investors and miners, and miners need to express support for changes to the blocks they mine.

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