The Bitcoin Script language is a simple, stack-based scripting language used to define the spending conditions of Bitcoin transactions. It prioritizes security and minimizes complexity, playing a ...
Explore how Covenants address the current limitations of Bitcoin Script by allowing complex transaction conditions that help make Bitcoin more expressive.
Bitcoin Script can verify who spends your coins. OP_CTV wants to control exactly where they go next — and that changes ...
The last six months or so have seen several proposals for improvements to Bitcoin Script: CAT, 64-bit arithmetic, as well as some older ideas (CTV) and far-future ideas (Chialisp and Simplicity). This ...
Is OP_CAT happening? The covenants proposal was just assigned BIP number #347. But before we delve deeper, let’s explore what covenants are and why Bitcoiners may want them. To understand covenant ...
In my prior article on the mempool, I laid out a simple conceptual framework to reason about the basic functionality of the mempool, and how it was used by different kinds of users of the Bitcoin ...
While the last year or two have seen a number of proposals for covenant-proposing extensions to Bitcoin, there has always been a suspicion among experts that covenants may be possible without any ...
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