• 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

APEMARS Emerges as a Strong 1000x Meme Coin Contender

chest

APEMARS is gaining traction as a potential 1000x meme coin, currently in its presale phase with significant growth metrics.

user avatarEmily Carter

Macro Risk Reduction Seen in Crypto Markets

chest

Simultaneous outflows from Bitcoin, Ethereum, and Solana ETFs suggest broad risk-off positioning among investors.

user avatarTomas Novak

Ethereum Tests Key Resistance Trendline Amid Market Uncertainty

chest

Ethereum is testing a significant trendline that has been a strong resistance zone, with repeated rejections indicating seller dominance.

user avatarKaterina Papadopoulou

ICE Completes $600 Million Investment in Polymarket

chest

Intercontinental Exchange (ICE) has completed a $600 million investment in Polymarket, increasing its total commitment to $1.6 billion.

user avatarMaya Lundqvist

Current Altcoin Momentum Resembles 2020 MACD Crossover Phase

chest

Market observers are noting similarities between the current altcoin momentum and the MACD crossover phase of 2020, which preceded a significant capital rotation into alternative assets.

user avatarLi Weicheng

Algorand Focuses on Scalability and Practical Finance

chest

Algorand is emphasizing scalability and low transaction costs, targeting practical finance applications in a competitive Layer 1 blockchain market.

user avatarLeo van der Veen

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.