2022
Title: Transaction Introspection
Details: Covenants (restrictive spending rules)
Benefits:
-Vaults (time-delayed withdrawals, emergency recovery paths)
-Scaling (shared UTXOs, unilateral exits, mass payouts/deferred expansion)
-Layer-2s/sidechains (no penalty transactions, simpler watchtowers)
2023
Title: CashTokens
Details: Miner-validated minting and transferring of fungible and non-fungible tokens
Benefits:
-Tokenized real-world assets
-Decentralized exchanges
-Algorithmic over-collateralized stablecoins
-Cross-contract communication/composability
2024
Title: Jessica ABLA (Adaptive Blocksize Limit Algorithm)
Details: Blocksize limit automatically adjusts with usage (upper bound of doubling in size each year)
Benefits:
-No need to coordinate future increases to BCH’s blocksize limit. (Algorithm can be updated if needed.)
-Node runners can capacity-plan around maximum storage/bandwidth/compute requirements over a given time.
2025
Title: VELMA (Virtual Machine Limits)
Details: Re-targets various limits on BCH smart contracts
Benefits:
-More advanced and efficient smart contracts
-Lower worst-case resource usage for malicious transactions
2026
Title: LAYLA (Loops & Functions)
Details: Loops and functions, fundamental programming concepts, are now safe to implement thanks to the VELMA upgrade.
Benefits:
-Transaction sizes reduced
-Smart contracts become simpler and easier to audit
-Post-quantum cryptography, zero-knowledge privacy, and many other complicated constructions become more practical to implement
submitted by /u/AD1AD [link] [comments]r/CryptoCurrencyRead More
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