MarketPR
A Bitcoin opcode proposal called OPCHECKTEMPLATEVERIFY (CTV) would let any $BTC output commit to the precise shape of its next spending transaction — encoding that constraint directly in the output itself, not in external coordination.
The design addresses three concrete problems: trust-minimized vaults, fee-congestion management, and smart-contract primitives.
Its core departure from existing covenant approaches is the removal of pre-signed key management.
What the Opcode Actually Does In standard Bitcoin, an output is spendable by any transaction that satisfies a given script condition, typically a signature check.
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