The following 2 CHIPS being implemented for the code upgrade.
CHIP-2021-03, which introduces bigger script integers to the chain. The specification states that bigger, 64-bit integers will be allowed, and these integers will be able to be multiplied directly in code. This will improve the functionality of these contracts by allowing programmers to harness more value without having to design workarounds, also reducing redundancy and transaction sizes.
CHIP-2021-02, which enables native introspection opcodes, will also allow programmers to take information from the same transaction they are working on to include them in any covenant. This means that programmers will be able to queue information from transactions using different, new opcodes. The implementation of this CHIP aims to reduce the complexity of the code in covenants and to allow new use cases to arise due to the new functions provided by the opcodes.
Upgrade Preparation
============================
For Bitcoin Cash users, this upgrade requires no preparation; payments can safely be made and accepted throughout activation.
Existing wallet software will continue to function without upgrades.
Miners, exchanges and other node operators are advised to upgrade node software before May 15, 2022 to avoid service disruptions. The upgrade requires no downtime, and operations can proceed normally.
CHIP-2021-03, which introduces bigger script integers to the chain. The specification states that bigger, 64-bit integers will be allowed, and these integers will be able to be multiplied directly in code. This will improve the functionality of these contracts by allowing programmers to harness more value without having to design workarounds, also reducing redundancy and transaction sizes.
CHIP-2021-02, which enables native introspection opcodes, will also allow programmers to take information from the same transaction they are working on to include them in any covenant. This means that programmers will be able to queue information from transactions using different, new opcodes. The implementation of this CHIP aims to reduce the complexity of the code in covenants and to allow new use cases to arise due to the new functions provided by the opcodes.
Upgrade Preparation
============================
For Bitcoin Cash users, this upgrade requires no preparation; payments can safely be made and accepted throughout activation.
Existing wallet software will continue to function without upgrades.
Miners, exchanges and other node operators are advised to upgrade node software before May 15, 2022 to avoid service disruptions. The upgrade requires no downtime, and operations can proceed normally.
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