On Fri, Jan 21, 2022 at 9:32 AM Billy Tetrud wrote:
> > Bitcoin doesn't have a strong single concept of a 'parent'
>
> I'm using the term "parent" loosely in context here to mean a relationship
> where an input has constraints applied to an output (or outputs).
>
Yes and I'm using it more
> Bitcoin doesn't have a strong single concept of a 'parent'
I'm using the term "parent" loosely in context here to mean a relationship
where an input has constraints applied to an output (or outputs).
> verify the secure hash chain from its parent to itself so that it knows
what the parent
On Thu, Jan 20, 2022 at 11:23:30AM -0800, Bram Cohen via bitcoin-dev wrote:
> > Nodes currently aren't required to keep around the whole blockchain, but
> > your proposal sounds like it would require them to. I think this could be
> > pretty detrimental to future scalability. Monero, for example,
On Tue, Jan 18, 2022 at 6:25 PM Billy Tetrud wrote:
> > 'assert that my parent has a scriptpubkey of X'... That way you can, for
> example, have a UTXO which only allows itself to be absorbed by a
> transaction also involving a UTXO with a particular capability
>
> I'm not sure I fully follow. I
> 'assert that my parent has a scriptpubkey of X'... That way you can, for
example, have a UTXO which only allows itself to be absorbed by a
transaction also involving a UTXO with a particular capability
I'm not sure I fully follow. I usually think about covenants as having the
reverse form, that
On Tue, Jan 18, 2022 at 7:10 AM Billy Tetrud wrote:
> > Since scriptpubkeys/scriptsigs continue to run ephemerally at
> validation time full turing completeness is much less dangerous than people
> fear.
>
> The covenant proposals I've seen that might give bitcoin turing
> completeness require
> Since scriptpubkeys/scriptsigs continue to run ephemerally at validation
time full turing completeness is much less dangerous than people fear.
The covenant proposals I've seen that might give bitcoin turing
completeness require a turing complete process to be stepped such that each
step is a
