Re: [bitcoin-dev] On a new community process to specify covenants

2022-07-24 Thread ZmnSCPxj via bitcoin-dev
Good morning alia, Antoine, and list, > Hi Antoine, > Claiming Taproot history, as best practice or a standard methodology in > bitcoin development, is just too much. Bitcoin development methodology is an > open problem, given the contemporary escalation/emergence of challenges, > history is no

Re: [bitcoin-dev] On a new community process to specify covenants

2022-07-24 Thread aliashraf.btc At protonmail via bitcoin-dev
I suppose it is more about spending from vaults, rather than locking in. A covenant would impose rules for spending tx.e.g. :Don't spend this output unless it is claimed by a tx which 1) Spends it as a whole in the very first output. 2) This output is P2SH with specified script pattern ( a TLC sc

Re: [bitcoin-dev] On a new community process to specify covenants

2022-07-24 Thread Bram Cohen via bitcoin-dev
On Wed, Jul 20, 2022 at 2:46 PM Antoine Riard via bitcoin-dev < bitcoin-dev@lists.linuxfoundation.org> wrote: > Indeed this range has grown wild. Without aiming to be exhaustive (I'm > certainly missing some interesting proposals lost in the abyss of > bitcointalk.org), we can mention the followin

Re: [bitcoin-dev] On a new community process to specify covenants

2022-07-24 Thread aliashraf.btc At protonmail via bitcoin-dev
--- Original Message --- On Saturday, July 23rd, 2022 at 9:11 PM, Antoine Riard via bitcoin-dev wrote: > Hi Michael, > > I'm thinking such a covenant effort would be more a technical process aiming > to advance the state of covenant & contracting knowledge, collect and > document the u

Re: [bitcoin-dev] On a new community process to specify covenants

2022-07-24 Thread Antoine Riard via bitcoin-dev
Hi Michael, > One cautionary word from someone who is probably still feeling the effects of burn out from the activation drama earlier in the year. No process can guarantee community > consensus at the end of it especially if some of those who we consider experts in this area only tentatively part