BIP174: The Bitcoin Improvement Proposal That Would Make Offline BTC Transactions Possible37.27

The Bitcoin Improvement Proposal (BIP 174) was added to Bitcoin’s official repository, potentially allowing the blockchain to support the famous “Partially Signed Bitcoin Transactions” (PSBT) in the future.

In the event that such a proposal is implemented, Bitcoin users may be able to perform offline transactions through a protocol that would allow them to establish standard formats for signing transactions without having to upload them to the network immediately.

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