> One must also analyze all the covenants that one *could* author using a
primitive
So as I've been contemplating this more, I'm realizing that a calculus of
covenants themselves may not make as much sense as a broader calculus of
Bitcoin transactions as a whole. I think this comment that you
(To everyone):
I should have made it much clearer that version 1 is only supposed to solve
1 of the 2 use cases. I was a lot more focused on the fee-bumping use case,
since it’s more important. Orphan-fetching was added to the motivation
section last-minute because John Newbery mentioned to me
Good morning e,
> Good evening ZmnSCPxj,
>
> Sorry for the long delay...
Thank you very much for responding.
>
> > Good morning e,
> >
> > > Good evening ZmnSCPxj,
> > >
> > > For the sake of simplicity, I'll use the terms lender (Landlord), borrower
> > > (Lessor), interest (X), principal
