OrdinalsGoods is excited to share groundbreaking news from the Bitcoin community – the initiation of testing for the BIP-420 Bitcoin improvement proposal, which introduces the OP_CAT script opcode.
This opcode serves as a vital component in enhancing Bitcoin’s smart contract capabilities, enabling developers to construct a wide array of intricate smart contracts, including Layer 2 (L2) solutions, trustless bridges, and advanced virtual machines (CatVM).
Udi Wertheimer, an advocate for OP_CAT and co-founder of Taproot Wizards, expressed enthusiasm for this development, emphasizing its potential to enable covenants on Bitcoin, facilitating smart contracts, secure bridges, on-chain trading, zk proof verification, and more.
This significant advancement underscores OrdinalsGoods’ commitment to driving innovation within the Bitcoin ecosystem and accelerating its journey towards scalability and mass adoption. As we continue to witness progress and evolution within the blockchain space, we’re excited about the endless possibilities that lie ahead for OrdinalsGoods and the broader Bitcoin community. Stay tuned for further updates on this groundbreaking initiative!
