BIP-119 Could Boost Bitcoin Layer 2s & Self-Custody

Global09:43 14.07.2025 robbob

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BIP-119, a long-dormant Bitcoin Improvement Proposal, is gaining traction and could significantly enhance Bitcoin’s layer-2 solutions like Lightning Network and Ark. Backed by key developers, it promises improved scalability, security, and self-custody options for users.

BIP-119 introduces covenants and vaults to improve Bitcoin's self-custody and layer-2 scalability.
The proposal is backed by prominent Bitcoin developers and could benefit Lightning Network and Ark.
Bitcoin upgrades are infrequent; Taproot (2021) was the last major protocol improvement.

📎 Read the original article on cointelegraph.com

Related Tags: Bitcoin

Other Tags: ARK, Lightning Network

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