Bitcoin OP_CAT proposal will get strengthening from Taproot Wizards’ $ 30M Fundraise
The Taproot Wizards raised $ 30 million in which it plans to develop an ecosystem of applications using the OP_CAT Bitcoin Improvement Proposal (BIP).
OP_CAT is a pseudonymous feature of Bitcoin founder Satoshi Nakamoto The original software code includes But where he/she removed the concerns that exposed it to risks such as the attack-of-service attack (DOS).
Many developers have expressed their remembrance of its return.
The proposal can bring the function of the smart contract of Ethereum to Bitcoin by introducing “covenants,” or policies that determine how a specific transaction works.
Taproot Wizards, whose vision is to “rebuild bitcoin magical,” Sold a collection of 3,000 that cannot be said to token .
Wizards are trying to “meme op_cat back,” according to an email announcement on Tuesday.
Co-founder Udi Werthimer described the OP_CAT as “the missing piece” to achieve “unauthorized programmability for Bitcoin, which allows lending, trading and smart contracts without giving up on self-preservation,” In the announcement of Tuesday.
The $ 30 million funding is led by the standard crypto.
