The Bitcoin Satoshi Vision (BSV) Technical Standards Committee (TSC) published a new technical standard. The standard details the envelope specification that wallets and data services could use to read and write transactions.
The envelope specification is a part of the TSC’s roadmap for building out a series of baseline standards for the BSV blockchain ecosystem. The standard aims to provide a framework for specifying and combining different Bitcoin transactions protocols. It would be agnostic to the way data is stored and all types of protocols and protocol identifiers.
There will be a period of consideration and review before the technical standard is officially recommended for adoption. Even at this stage, the standard will only crystallize when adopted within the BSV ecosystem to ensure it is relevant and appropriate to real-world use cases.
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