• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cobra: Bitcoin Update via UASF in 2025 and Its Implications

user avatar

by Giorgi Kostiuk

a year ago

Cobra, the anonymous owner of the Bitcoin.org domain, has issued a warning about a potential user-activated soft fork (UASF) for Bitcoin scheduled for 2025. The initiative aims to introduce the CheckTemplateVerify (CTV) function to the BTC network.

What are UASF and CTV?

UASF is a user-activated protocol change, while CTV, based on the BIP 119 proposal, allows users to set specific spending conditions for wallets. This could enhance security for significant and institutional Bitcoin holders.

Pros and Cons of CTV

Proponents assert that CTV enhances cold wallet security, whereas critics are concerned about its impact on Bitcoin's fungibility and the increased codebase complexity, which could lead to security issues.

Cobra's Warning

Cobra emphasized in a public statement: "Some Bitcoiners will attempt to soft fork CTV via a UASF in 2025. Developers (non-Core) are currently working on the code and activation parameters. Not enough people are paying attention."

Some Bitcoiners will attempt to soft fork CTV via a UASF in 2025. Developers (non-Core) are currently working on the code and activation parameters. Not enough people are paying attention.

Introducing CTV via UASF in 2025 could significantly impact Bitcoin network's security and stability. Users and developers should pay attention to this potentially pivotal shift in the ecosystem.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

David Schwartz Issues Urgent Warning About Rising XRP Scams

chest

David Schwartz, former CTO of Ripple, warns XRP users about a surge in scams targeting them, particularly through fake airdrops and giveaways.

user avatarKofi Adjeman

Ethereum Price Recovery Attempts Amidst Resistance Levels

chest

Ethereum price is attempting to recover above key support and resistance levels, facing challenges at 2,320.

user avatarNguyen Van Long

Clarity Act Debate Intensifies Concerns Over XRP and RLUSD

chest

The controversy surrounding Ripple and RLUSD is linked to the Clarity Act and digital asset legislation in the U.S.

user avatarSatoshi Nakamura

Ripple, XRP, and RLUSD Face Banking Industry Opposition

chest

A controversy has emerged as crypto commentator Pumpius claims that major banking groups are lobbying against legislation that could strengthen Ripple's stablecoin ecosystem, raising concerns about the impact on traditional bank deposits.

user avatarJesper Sørensen

Ric Edelman Proposes New 80/20 Investment Strategy for Retirement

chest

Ric Edelman proposes a new 80/20 investment strategy for retirement, emphasizing the importance of keeping 80% in equities and growth assets, including at least 10% in cryptocurrencies.

user avatarRajesh Kumar

Ric Edelman Predicts Bitcoin Could Surpass $150,000

chest

Financial adviser Ric Edelman predicts Bitcoin could exceed $150,000 by the end of 2026, driven by institutional investment and regulatory changes.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.