Navigating Bitcoin's Future: Soft Forks and Covenants

This chapter explores the complex debate surrounding Bitcoin's soft forks, especially CheckTemplateVerify (CTV) and other covenant proposals. The discussion highlights the technical and psychological hurdles within the Bitcoin development community regarding scalability solutions, emphasizing the need for careful consideration of each proposed change. Additionally, the chapter reflects on the balance between innovation and security, assessing the implications of emerging technologies on Bitcoin's viability as a decentralized currency.

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