OP_CAT Proposal to Bring Smart Contracts to Bitcoin Finally Gets a ‘BIP Number’
Screenshot of “Quantum Cats” launched to promote the reintroduction of OP_CAT. (Quantum Cats/Taproot Wizards)
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Screenshot of “Quantum Cats” launched to promote the reintroduction of OP_CAT. (Quantum Cats/Taproot Wizards)
RUNING THE PARTY? Bitcoin’s once-every-four-years “halving” was supposed to bring a steep cut in revenue for crypto miners, since their rewards for new data blocks would drop by 50%. Instead, the simultaneous launch of Casey Rodarmor’s new Runes protocol – for minting digital tokens on top of the oldest and largest blockchain – proved so popular that it caused massive […]
Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.
The upgrade seeks to solve congestion issues, and will officially launch in May.
CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project’s CELO tokens, under the chain’s governance rules.
The Bitcoin “halving” was supposed to dramatically chop revenue of bitcoin mining companies. Instead, the simultaneous launch of Casey Rodarmor’s Runes protocol has ignited a flurry activity on the oldest and largest blockchain, driving up fees.
Soccer has the World Cup. Athletics and many other sports have the Olympics. Crypto has the halving. The milestone in the blockchain’s 15-year history technically means a cut in rewards for crypto miners with each block – a feature designed to minimize inflation.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 18-24.
Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”
The new technology from Union Labs comes after the blockchain interoperability project raised $4 million in November.