Bitcoin Improvement Proposal (BIP)

By CoinGecko | Updated on Mar 03, 2020
Initially proposed and described by Amir Takir in 2011, Bitcoin Improvement Proposal (BIP) now refers to any proposal submitted by developers to be used to improve Bitcoin either through new features, parameter changes or bug fixes.

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Related Terms

Whitelist
List of approved participants that will be given access to a token sale (ICO, IEO, STO etc...)
Bitcoin ATM
A machine from which you can buy or sell Bitcoin. Typically also offers different types of cryptocurrencies.
Shitcoin
A coin with no obvious potential value or usage.
Interoperability
Interoperability refers to the property of product/systems that are able to work with products/systems that are different without any restrictions.
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