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13min chapter
Open Source Stage Day 1 - Bitcoin 2022 in Miami
Citadel Dispatch
Exploring the Implications of Adding New Elements to Bitcoin Models
This chapter delves into the complexities of integrating new elements into Bitcoin's model and the impact on UTXOs in channels, specifically discussing the need for additional tooling and infrastructure. The conversation emphasizes a cautious approach towards implementing new features like CTVs, considering security issues and community concerns. The speakers also address recursive governance, risks associated with smart contracts, and the evolving nature of covenants in Bitcoin.
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Discover
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