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The dormant BIP-119 regains attention, and Bitcoin's scalability may see a significant breakthrough.
[Coin World] The long-dormant Bitcoin Improvement Proposal OP_CHECKTEMPLATEVERIFY (abbreviated as CTV or BIP-119) is currently gaining follow, supported by well-known Bitcoin developers and companies. If ultimately approved, it will enhance Bitcoin's scalability, security, and usability, particularly through the introduction of "covenants" and "vaults" functionalities. These features are expected to improve the user self-accomplice experience and give rise to safer and smarter second-layer applications such as Lighting Network and Ark.