Re-enable OP_CAT to Unlok Bitcoin Programability
Bruce Liu from OP_CAT Labs dey run campaign to re-enable the long-disabled OP_CAT opcode for Bitcoin Script, to change Bitcoin from just static digital gold to programmable money. For BTC Asia wey dem hold for Hong Kong, Liu talk say OP_CAT – wey Satoshi Nakamoto originally code and just comment out – go allow data concatenation for scripts. This change fit unlock beta features like vaults, covenants, decentralized exchanges and zero-knowledge proofs. Even though before e get security wahala about denial-of-service attacks, Liu and him co-founder Mate Tokay don form OP_CAT Alliance to gather developers, institutions and lawmakers support. Dem don show Bitcoin fork wey OP_CAT dey enabled, plus SDKs, APIs and developer tools. The group plan to show working DeFi apps for Bitcoin during next year's conference, to challenge the idea say Bitcoin suppose remain only for payments. If dem adopt am, OP_CAT fit compete with Ethereum and Solana for Layer-1 programmability and spark new innovation wave for Bitcoin network.
Bullish
To dey enable OP_CAT again fit be beta sign for Bitcoin market. For history, big big protocol upgrade like SegWit for 2017 and Taproot for 2021 don improve how network dey work, ginger developers plus dem dey come up with new ideas, plus e dey come with steady price rise. For short term, the suggestion fit make traders mind bright as developers and big companies go start to use am for new purposes. For long term, if we fit unlock Bitcoin to sabi programmability, e fit make DeFi projects come, e go make more transaction happen on-chain, and e go make network get use pass just storing value. If Bitcoin fit stand gidigba like Layer-1 chains like Ethereum and Solana, OP_CAT fit make Bitcoin still be number one for market and e fit help make value rise as more people dey use am.