Re: [bitcoin-dev] Covenant opcode proposal OP_CONSTRAINDESTINATION (an alternative to OP_CTV)

2021-07-28 Thread Jeremy via bitcoin-dev
High level feedback: you should spec out the opcodes as separate pieces of functionality as it sounds like OP_CD is really 3 or 4 opcodes in one (e.g., amounts to outputs, output addresses, something with fees). One major drawback of your approach is that all transactions are twice as large as th

Re: [bitcoin-dev] Covenant opcode proposal OP_CONSTRAINDESTINATION (an alternative to OP_CTV)

2021-07-28 Thread Billy Tetrud via bitcoin-dev
Hi Zac, > a smart wallet should be able to set up and maintain multiple rate-limited addresses in such a way that their aggregate behaviour meets any rate-limiting parameters as desired by the user I think that would be possible if there was a way to say "within the last B blocks, this output can

Re: [bitcoin-dev] Covenant opcode proposal OP_CONSTRAINDESTINATION (an alternative to OP_CTV)

2021-07-28 Thread Zac Greenwood via bitcoin-dev
Hi Billy, Thank you for your comprehensive reply. My purpose was to find out whether a proposal to somehow limit the amount being sent from an address exists and to further illustrate my thoughts by giving a concrete example of how this might work functionally without getting to deep into the tech