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Bitcoin Development Challenges and Innovations
This chapter explores the ongoing debates within the Bitcoin development community regarding Covenants and layer two solutions, highlighting the current limitations and frustrations in consensus-building. The discussion delves into the intricacies of implementing new protocols like CTV and examines the balance between innovation and stability in the Bitcoin ecosystem. Additionally, it reflects on the historical context of scaling technologies and the gradual integration of new tools, emphasizing the importance of a stable base layer to facilitate meaningful advancements.