OP_CAT, Bitcoin Covenants, and BitVM2
A new report examines Taproot Wizards’ campaign to activate OP_CAT on Bitcoin, comparing its potential covenant use cases with alternatives such as CTV and CSFS, while highlighting BitVM2 as an approach enabling bridge functionality without a soft fork.
hoge.gg
🔗
Taproot Wizards: The Ordinal That Wants to Reprogram Bitcoin
A four-megabyte wizard became a $37.5 million campaign to change Bitcoin's base layer. The collection's real price is the odds that OP_CAT ever activates.