Bitcoin Improvement Proposal "BIP"

Bitcoin Improvement Proposal is A technical design document providing information to the Bitcoin community, describing new proposed features, processes or environments affecting the Bitcoin protocol. Suggested changes to the protocol are submitted as a BIP. The BIP author is responsible for soliciting feedback and consensus for his or her suggested improvements within the community and documenting dissenting opinions.

Standard BIP - Describes any change that affects most or all bitcoin implementations, such as a change to the network protocol, a change in block or transaction validity rules, or any change or addition that affects the interoperability of applications using bitcoin.
Informational BIP - Describes a bitcoin design issue, or provides general guidelines or information to the bitcoin community, but does not propose a new feature. Informational BIPs do not necessarily represent a bitcoin community consensus or recommendation.
Process BIP - Describes a bitcoin process, or proposes a change to (or an event in) a process. Process BIPs are like standard BIPs but apply to areas other than the bitcoin protocol itself. They might propose an implementation, but not to bitcoin’s codebase; they often require community consensus; and unlike informational BIPs, they are more than recommendations. Examples include procedures, guidelines, changes to the decision-making process, and changes to the tools or environment used in bitcoin development.

Tags #Bitcoin #Crypto Glossary