The document is backed by names such as James O’Beirne or Jameson Lopp.
It seeks to support the implementation of Covenants, vaults, discrete contracts, etc.
A group of more than 40 outstanding figures from the Bitcoin Technical Community, including developers, miners and business representatives, has signed an open letter published on the CTV-CSFS.com site, urging Bitcoin Core employees to prioritize the review and integration of two OPCODES: Op_checktemplateverify (CTV) and op_checksigfromstack (CSFS).
The documentbacked by names such as James O’Beirne, Jameson LOPP, and representatives of Mining Pools such as F2pool and Luxor, seeks to expedite the implementation of tools that promise significant improvements in the scalability, safety and functionality of Bitcoin.
The letter, specifically aimed at Bitcoin Core developers, requests that within six months they will be reviewed and integrated The proposals associated with CTV (BIP-119) and CSFS (BIP-348). It is not a demand for immediate activation through a soft fork, but an initial step to include these functionalities in the Bitcoin base software, allowing the community to evaluate its deployment.
Probably, the purpose of the statement is to overcome the stagnation in the adoption of technical improvements that, according to the signatories, are essential to maintain the competitiveness and utility of Bitcoin.
These operation codes enable functionality for a wide set of uses that seek to preserve and expand the role as a reserve of value, scarce and resistant to censorship, of Bitcoin.
Letter for Bitcoin Core.
CTV and CSFS are operation codes (OPCODES) designed to expand Bitcoin’s programability capabilities without compromising your safety or minimalist design.
In simple terms, CTV allows to “freeze” a transaction to follow a predefined pattern, ensuring that funds can only be spent in a specific way. This is useful, for example, to create vaults (Vaults) that protect funds against robberies or implement discrete contracts (DLC) that enable complex financial agreements.
For its part, CSFS It has the purpose of “verify which gives greater flexibility to Bitcoin scripts. Combined, these options could improve lightning, facilitating more robust and efficient bidirectional channels, in addition to simplifying applications of non -custodial mining systems.
The document details the trajectory of these proposals: “CTV was first formalized in BIP-119 more than five years ago. Despite numerous attempts for refinement or replacement, it remains the preferred method to impose sequences of transactions pregenerated by consensus. It unlocks valuable functionalities for scalability solutions, vaults, congestion control, non-custodial mining, contracts discreet, and more. ”
About CSFS, he adds: “CSFS is a primitive option that has been implemented in Blockstream Elements for at least eight years. It does not represent a significant computational load compared to the most used option of Bitcoin, op_checksig. It can be combined with CTV to implement LN-SYMmetry, a long-expected improvement for light enable a variety of other cases of use ”.
The initiative reflects a coordinated effort that can help overcome historical reluctance in the Bitcoin communitywhere protocol updates usually face rigorous scrutiny.
The signatories argue that CTV and CSFS are mature, proven proposals and with a moderate technical impact, which makes them ideal candidates to advance without significant risks. Out of Bitcoin, these Opcodes were formalized 5 and 8 years ago, and together they have 13 years of existence.
The call of the signatories is not only technical, but also strategic. The letter underlines the need for Bitcoin to evolve. The signatory community now expects now that Bitcoin Core developers respond to this order, starting a review process that could mark the course of the next improvements in the network.
