w3irdrobot on Nostr: admittedly I am not an expert on bitcoin convenants. I know that there are alot of ...
admittedly I am not an expert on bitcoin convenants. I know that there are alot of good use-cases for them. that said, how is allowing a utxo to be encumbered, especially in the case of recursive covenants, not a huge attack surface ripe for abuse? it sounds like a great way to make the bitcoin network an ofac-compliant cbdc.
Published at
2024-04-07 16:49:46Event JSON
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"content": "admittedly I am not an expert on bitcoin convenants. I know that there are alot of good use-cases for them. that said, how is allowing a utxo to be encumbered, especially in the case of recursive covenants, not a huge attack surface ripe for abuse? it sounds like a great way to make the bitcoin network an ofac-compliant cbdc. ",
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