Why Nostr? What is Njump?
2024-08-09 04:26:57

semisol on Nostr: idk how people can be so dumb to think recursive covenants matter for on chain KYC ...

idk how people can be so dumb to think recursive covenants matter for on chain KYC

there is a simpler and cheaper solution: 2-of-2 multisig
What pieces would be missing to implement on-chain KYC if recursive covenants are enabled?

Regarding the possibility to do it with multisig, my understanding is that it would be easier for regulators to have it implemented/enforced through recursive covenants.
Author Public Key
npub12262qa4uhw7u8gdwlgmntqtv7aye8vdcmvszkqwgs0zchel6mz7s6cgrkj