Bitcoin
Bitcoin Developers See ‘Programmability’ as Catalyst for Next Rally
After the long-awaited launch of US Bitcoin exchange traded funds in January, and the once-every-four-years software update called “halving” Last month, the big question on many crypto investors’ minds was: what will drive the biggest cryptocurrency’s next rally?
Many developers think they have the answer: add programmability to the Bitcoin blockchain. Today, Bitcoin is seen by many as digital gold – a token you hold for appreciation but can’t do much else with. While you can use its biggest rival, Ether, to exchange currencies and earn yield on the Ethereum network, the Bitcoin blockchain lacks the ability to easily support applications through so-called smart contract functionality that enables features such as self-executing agreements stored in the Ethereum network. blockchain.