@Jorge & Zmn
> A recursive covenant guarantees that the same thing will happen in the
future.
Just a clarification: a recursive covenant does not necessarily guarantee
any particular thing will happen in the future. Both recursives and a
non-recursive covenant opcodes *can* be used to guarantee s
Good morning Jorge,
> I fail to understand why non recursive covenants are called covenants at all.
> Probably I'm missing something, but I guess that's another topic.
A covenant simply promises that something will happen in the future.
A recursive covenant guarantees that the same thing will h
I think something like visacoin could be kind of feasible without recursive
covenants. But as billy points out, I guess they could kind of do it with
multisig too.
I fail to understand why non recursive covenants are called covenants at
all. Probably I'm missing something, but I guess that's anoth
> So if you don't want to receive restricted coins, just don't generate an
address with those restrictions embedded.
This is an interesting point that I for some reason haven't thought of
before. However...
> Unless governments can mandate that you generate these addresses AND
force you to accep
> > > To me the most scary one is visacoin, specially seeing what happened
in canada and other places lately and the general censorship in the west,
the supposed war on "misinformation" going on (really a war against truth
imo, but whatever) it's getting really scary. But perhaps someone else can
b
> This requires *recursive* covenants.
Actually, for practical use, any walled-garden requires *dynamic*
covenants, not recursive covenants. CTV can get arbitrarily close to
recursive covenants, because you can have an arbitrarily long string of
covenants. But this doesn't help someone implement
Good morning Jorge,
> I think people may be scared of potential attacks based on covenants. For
> example, visacoin.
> But there was a thread with ideas of possible attacks based on covenants.
> To me the most scary one is visacoin, specially seeing what happened in
> canada and other places lat
I think people may be scared of potential attacks based on covenants. For
example, visacoin.
But there was a thread with ideas of possible attacks based on covenants.
To me the most scary one is visacoin, specially seeing what happened in
canada and other places lately and the general censorship in
Hi Bitcoin Developers,
Summary for the last CTV meeting:
Topics:
1)APO version of the simple vault
2)APO as alternative to CTV
3)fiatjaf's CTV spacechain demo
4)Compare CTV with other covenant proposals
5)Recursive covenants
6)Responding to FUD
==