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Bitcoin Developers Propose Soft Fork-Free Covenant for Network Upgrade

  • The ColliderScript proposal allows for covenants in Bitcoin without a soft fork, enhancing its programmability and competitiveness with Ethereum.
  • However, it raises concerns about spending restrictions and scalability, requiring further testing and refinement.
  • The ColliderScript proposal aims to introduce programmable features to Bitcoin, making it more competitive with Ethereum.
  • There are concerns about spending restrictions and scalability associated with the proposal, which will require testing and refinement.

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