Open Source Stage Day 1 - Bitcoin 2022 in Miami
Citadel Dispatch
00:00
Exploring Covenants in Bitcoin Transactions
The chapter delves into the concept of covenants in Bitcoin transactions, discussing how they impose conditions on the spending of coins beyond ownership. The speakers explore proposals like Check Template Verify and Any Prebout as potential covenant solutions, highlighting their benefits and concerns. The conversation emphasizes the importance of incorporating covenants in Bitcoin for security, scalability, and enabling new use cases.
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