## Potential Approval for New Bitcoin Scripting Method: BIP-119 A new Bitcoin scripting method, proposed in Bitcoin Improvement Proposal (BIP) 119, could see approval by the end of the year. This development has the potential to significantly improve the Bitcoin ecosystem. Steven Lus, CEO of Second, a leading BTC payment solution company, expressed optimism in a recent interview with Cointelegraph. He stated, "Although BIP-119 approval is not confirmed, I believe it can be done by the end of the year." If implemented, BIP-119 is expected to enhance various aspects of the Bitcoin technological landscape. These include improved self-custody solutions, more efficient fee management, advancements in the Lightning Network, and new possibilities for Ark and contract-based applications. This update could unlock greater functionality and scalability for Bitcoin. The approval of BIP-119 would be a major step forward for the cryptocurrency. ```

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