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2min chapter
Covenant Use Cases & TXHASH with Steven Roose (SLP541)
Stephan Livera Podcast
Concerns about Accidentally Enabling Undesired Effects through Covenant Use
This chapter explores the concerns regarding unintentional enablement through covenant use and the potential impact of Miner Extractable Value (MEV) in Bitcoin. They discuss the absence of concrete examples illustrating the significant impact of MEV on Bitcoin and suggest that on-chain market making and trading may not be suitable for Bitcoin.
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