Jameson Lopp: Bitcoin Covenants, OP_VAULT, Upgrade vs. Ossification & Casa Changes
Bitcoin Rapid-Fire
00:00
Constructing Concessions to Improve Fungibility
You're suggesting that Were this done on a protocol level with something like a covenant that would be that tank would be held in perpetuity more Absolutely This is where it gets really difficult to talk about covenants because there's so many different ways of doing it. There are covenant constructions that would vastly improve fungibility Some of them would enable batch lightning channels. That's both scalability and I think fungibility improvement But you know, it's unlikely that we're going to see a generalized covenant proposal that is sort of a kitchen sink Proposal will get through just because of all the complexities Maybe their influence on fungibility over the course of time is not You know absolute is not forever for example
Transcript
Play full episode
