The ColliderScript proposal allows for covenants in Bitcoin without a soft fork, enhancing its programmability and competitiveness with Ethereum.
However, it raises concerns about spending restrictions and scalability, requiring further testing and refinement.
A new research paper titled “ColliderScript: Covenants in Bitcoin via 160-bit hash collisions” explores an innovative approach to introducing covenants into Bitcoin, a concept that could elevate Bitcoin’s functionality without requiring a soft fork. As Bitcoin Surges, in a CNF previous post, Bitcoin Spark was Poised To Revolutionize The Bitcoin Fork World
Eli Ben-Sasson, CEO Co-Founder of Stark Ware Ltd, shared in his personal X account the ColliderScript: Advancing Bitcoin covenants without a fork .
ColliderScript: Advancing Bitcoin covenants without a fork https://t.co/ecQfVg6mnR via @Blockworks_
— Eli Ben-Sasson (@EliBenSasson) November 7, 2024
Developed by a team of leading Bitcoin developers, the ColliderScript prop