ELI5: Explain Like I'm 5

BIP-8

BIP-8 is a special way that people who use computers like to agree on changes and updates to the software they use. Imagine you and your friend both have a toy car, and you both want to add something new to it so that it goes faster. But you don't want to accidentally break the car or make it worse, so you need to agree on how to make the change.

BIP-8 is kind of like having a meeting with your friend to talk about how you want to change the car. You could just start taking the car apart and trying to fix it, but it's much better to talk about what you want to do first. BIP-8 helps people who use computers to talk about what changes they want to make to their software, and then agree on what to do.

When people talk about BIP-8, they are usually talking about a specific way of making these changes that is really careful and thorough. It involves having a lot of meetings and discussions to make sure everyone agrees on what needs to happen. This might seem like it takes a long time, but it's worth it to make sure that the software stays safe and works well for everyone who uses it.

So, BIP-8 is a way for people who use computers to talk about changes they want to make to their software, and it helps them agree on the best way to make those changes so that the software stays safe and works well for everyone.