Programmable Bitcoin vaults could reimagine long-term savings
Bitcoin vaults for long-term savings could soon be programmable on-chain thanks to a new soft fork proposal.
Cryptocurrency news by Protos · Protos
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Show Notes
Bitcoiners might be able to program long-term savings vaults into code, on-chain — an exciting development for Bitcoiners who keep the cryptocurrency as a long-term investment, known as ‘hodling’ (holding on for dear life).
Despite the roller coaster-like swings in bitcoin’s value, many people believe Bitcoin is a durable store of value. So, as the Bitcoin community increasingly seeks programmability regarding long-term investment practices, Bitcoin Core developers are now considering the addition of hard-coded “vaults” into Bitcoin’s software through a soft fork.
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