• Do you think we've seen the last upgrade to Bitcoin L1?
  • Would Synonym make use of covenants if they were deployed?
  • Depends what you mean by upgrade, I guess, but generally I think we will definitely have more soft forks, more feature additions, and more optimizations. However I think we need to more conservative about adding features and complexity to the base layer, and that we need better ways to measure when it might be the right time to increase some of the magic numbers.
  • Synonym would lobby against covenants being added to Bitcoin. If they were added anyway, we would wait until other major platforms deployed them within designs, and for at least 1-2 years after activation before reassessing.
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