Un-FE’d Covenants
Proposes a practical, oracle-assisted covenant system using off-chain computation, key management, and BitVM-style incentives to enforce covenant logic without protocol changes.
A mix of essays, technical notes, and project updates. The main focus is Bitcoin, with additional series like Shenzhen Journey.
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Proposes a practical, oracle-assisted covenant system using off-chain computation, key management, and BitVM-style incentives to enforce covenant logic without protocol changes.
Explores how Bitcoin covenants could be emulated without a soft fork by combining functional encryption and zero-knowledge proofs, outlining the high-level mechanism and tradeoffs.
This post draws heavily from Zmnscpxj’s fantastic post showing how to make drivechains with recursive covenants. In this post, I will show similar tricks that can accomplish something similar using ANYPREVOUT with a o...
Warning: this post assumes a great deal of context on CTV is already understood by the reader. If you are not familiar, you may wish to start with utxos.org, the advent calendar, and the BIP-119 text and reference imp...
This originally appeared on the mailing list.