BTC soft fork next year? What is the controversial BIP-119 proposal and the proposed introduction of Smart Contract-like functions?

The operator of the bitcoin.org domain, Cobra, recently reminded the community that unidentified BTC developers outside of Bitcoin Core plan to introduce the BTC improvement proposal CTV through a user-activated soft fork (UASF) in 2025. According to a report by Bitcoin.com, Cobra, the operator of the bitcoin.org domain, reminded the community on December 1st that unidentified BTC developers outside of Bitcoin Core plan to introduce the BTC improvement proposal CTV through a user-activated soft fork (UASF) in 2025. CTV, also known as CheckTemplateVerify, is a soft fork proposal for BTC introduced by Jeremy Rubin, the founder of BTC research organization Judica, in 2021. The purpose of this proposal is to add a new ‘contract/covenant’ to the BTC network, similar to the Smart Contracts on Ethereum (ETH). Rubin hopes to whitelist or blacklist certain addresses through this covenant, so that funds from cold wallets or hardware wallets can only be withdrawn to another address under the control of the fund owner. This proposal also allows for automated transactions and the export of wallet balances on specific dates or multiple dates, bringing more programmability to BTC. The BTC community member Shinobi also believes that one of the most effective and influential benefits of CTV is to improve the scalability of people joining the Lightning Network. However, while receiving support, the BIP-119 proposal has also been criticized by multiple BTC experts. For example, BTC technical expert and co-founder of Blockstream, Adam Back, advocated for a thorough review of BIP-119 in 2022. Andreas Antonopoulos, a blockchain writer, also expressed concerns about the potential impact of BIP-119 in the same year, pointing out that the additional features of the proposal allow developers to restrict the list of addresses that can send BTC in the future, but this makes specific BTC tokens no longer fungible and essentially creates a new category of BTC. Additionally, when users have the ability to blacklist certain addresses, governments and regulatory agencies are likely to intervene and begin banning certain addresses. Currently, there is still controversy within the BTC community regarding BIP-119, with some people believing that this improvement is valuable and others claiming that it is a desperate attempt. Therefore, whether BTC will truly see this improvement next year remains uncertain.