Iyer | BIP-420

@Persona_Journey I’ve been a fan of @Persona_Journey from the moment I saw the art & been in awe everytime I learned some more. here's my contribution with love for this project in the form of Rangoli, Indian Sand Art. 5 hours just flew by, here's how❤️Hope you like it @SpikePersona @HanaPersona_

Protect.The.Shire. $Shire J9jk9RBtGxZB8WWBtDeK4EGPyoQy8wcY4SWUu3QSpump

Let's Build With Ralph! @buildwithralph G48s2m6LEuZdGfPtbdf418EhKTZABLbiq2GQ7qpCBAGS

@quantumcats @TaprootWizards @udiWertheimer @ItsAllBallsNFT Overall, P2SH made Bitcoin more secure, user-friendly, and adaptable to various financial applications, promoting its broader adoption and functionality.

🎃👻#SpookySoftForks👻🎃 Mission 7: Time to take a spooky dive into Pay-to-Script Hash P2SH was a transformative update for more complex txn types, multi-signature txns, with the concept of “script-based” addresses @quantumcats @TaprootWizards @udiWertheimer @ItsAllBallsNFT

@quantumcats @TaprootWizards @udiWertheimer @ItsAllBallsNFT How did it affect Bitcoin? P2SH made Bitcoin more versatile, secure, and efficient, improving usability. It also laid the groundwork for future upgrades like Taproot, supporting Bitcoin's scalability and privacy evolution.

@quantumcats @TaprootWizards @udiWertheimer @ItsAllBallsNFT After P2SH: Instead of storing entire spending script in the address, P2SH txns store a compact hash script. The actual script is only revealed once funds are spent. This provides a more user-friendly address format, better privacy, and saves storage on blockchain, less txn fees

@quantumcats @TaprootWizards @udiWertheimer @ItsAllBallsNFT Why was the change needed? Before P2SH: All spending conditions(like multi-signature) had to be included in the txn address. This meant large, complex addresses that were error-prone, required more blockchain storage,offered little privacy as the entire script was visible to all

@quantumcats @TaprootWizards @udiWertheimer @ItsAllBallsNFT was activated in 2012 with Bitcoin Improvement Proposal 16 (BIP 16) What P2SH Changed- 1. Simplified Complex Scripts 2. Multi-Signature Transactions 3. Improved User Experience and Privacy

I just claimed $BLAST from @BLUR_io's Season 3 airdrop. Season 4 starts today, and it's powered by @BLAST_L2, The Fullstack Chain.

@ItsAllBallsNFT @quantumcats @TaprootWizards @udiWertheimer Technical proposals that enable vaults: Several technical proposals aim to enable and enhance the functionality of Bitcoin vaults. These proposals introduce new opcodes, script enhancements, and security mechanisms. Here's an overview of the key proposals and how they differ.

Mission 5: Vaults Loved exploring the potentials of vaults which can finally be possible on Bitcoin with #OP_CAT Teammate: @ItsAllBallsNFT @quantumcats @TaprootWizards @udiWertheimer #OP_CAT_VAULT

@ItsAllBallsNFT @quantumcats @TaprootWizards @udiWertheimer How does OP_CAT enable vaults? It can be a useful tool in the creation of more complex scripts necessary for vault features that require multi-part tnx. OP_CAT enhances ability to create secure, modular, conditional scripts necessary for the advanced functionality of BTC vaults.

@ItsAllBallsNFT @quantumcats @TaprootWizards @udiWertheimer How would you use a vault if they existed today? Using a Bitcoin vault, if they existed today, would involve setting up the vault, configuring its security features, and managing it according to our needs.

@ItsAllBallsNFT @quantumcats @TaprootWizards @udiWertheimer Why are vaults important for self-sovereignty on Bitcoin? Important for self-sovereignty because they enhance the security and control individuals have over their Bitcoin holdings. Here it means that individuals have full control over their funds without relying on third parties.

@ItsAllBallsNFT @quantumcats @TaprootWizards @udiWertheimer What are Bitcoin vaults and how do they work? Bitcoin vaults are advanced security mechanisms designed to safeguard Bitcoin holdings by adding multiple layers of protection against theft and unauthorized access.

I just claimed $BLAST from @BLUR_io's Season 3 airdrop. Season 4 starts today, and it's powered by @BLAST_L2, The Fullstack Chain.

New favourite board game! Had a lot of fun and laughs while playing! #OP_CAT #BIPLand @ItsAllBallsNFT @prometric666 @TaprootWizards @quantumcats @udiWertheimer

@BabyfacedHustla @SolanaSensei Hey @BabyfacedHustla i found your message on goheard post saying it's a scam keylogger. Can you pls help me out with more info. I'm not able to dm you

YERRRRR GM C𝕏! 💙 Things are turning around already. I haven't been this ecstatic in a LONGGG time! I woke up to this message by the one and only @SolanaSensei who I've looked up to for YEARS. The guy is the foundation of SOL and ONLY gives and never takes. Happy to be apart of the Namaste family and get a sick piece from @monoliff . LETS GOOOO!

To infinity and beyond! 🚀

MARK YOUR CALENDARS MAY 22, 2024