Explaining CheckTemplateVerify, Bitcoin’s Latest Controversial Soft Fork Proposal (Bitcoin Magazine)

Originally published at: https://www.channel-sea.cc/explaining-checktemplateverify-bitcoins-latest-controversial-soft-fork-proposal-bitcoin-magazine/

CheckTemplateVerify (CTV) is meant to enable more flexibility on the network, but its potential activation is a topic of debate among developers. CheckTemplateVerify (CTV) is a soft fork proposal for Bitcoin specified in the Bitcoin Improvement Proposal (BIP) 119. It aims to enable new use cases for the network by adding a basic type of…