

S15 E17: Andrew Poelstra on Covenants (OP_CAT vs OP_CTV)
Feb 2, 2024
Andrew Poelstra, mathematician and head of research at Blockstream, discusses covenants in Bitcoin Script, including op CAT and op CTV. The chapter explores the functionalities of op codes dupe and cat, the limitations of CTV, and the potential solution of CAT for more flexible transactions. They also discuss personal experiences with Wasabi and JoinMarket, the integration of Wasabi and Shop N Bit, and the future improvements needed in Bitcoin.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 2min
Covenants in Bitcoin Script
02:05 • 11min
Debate on Bitcoin covenant proposals and explanation of op CAT
12:38 • 4min
Op Codes Dupe and Cat in Bitcoin Script
16:11 • 24min
Exploring Covenants, CTV, and Introducing CAT (OP_CAT)
40:30 • 2min
Personal Experiences with Wasabi and JoinMarket, Integration of Wasabi and Shop N Bit, Discussion on Covenants and Benefits for Businesses and Developers
42:08 • 10min
Discussion on Sato Chip, IVPN, and the Next Soft Fork for Bitcoin
51:40 • 4min
Technical Difficulties and Future Improvements
55:27 • 20min