📅 Original date posted:2022-02-15
📝 Original message:Jeremy Rubin <jeremy.l.rubin at gmail.com> writes:
> Rusty,
>
> Note that this sort of design introduces recursive covenants similarly to
> how I described above.
>
> Whether that is an issue or not precluding this sort of design or not, I
> defer to others.
Good point!
But I think it's a distinction without meaning: AFAICT iterative
covenants are possible with OP_CTV and just as powerful, though
technically finite. I can constrain the next 100M spends, for
example: if I insist on those each having incrementing nLocktime,
that's effectively forever.
Thanks!
Rusty.
Rusty Russell [ARCHIVE] /
npub1zw…hkhpx
2023-06-07 23:03:24
in reply to nevent1q…frpp
Author Public Key
npub1zw7cc8z78v6s3grujfvcv3ckpvg6kr0w7nz9yzvwyglyg0qu5sjsqhkhpxPublished at
2023-06-07 23:03:24Event JSON
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"content": "📅 Original date posted:2022-02-15\n📝 Original message:Jeremy Rubin \u003cjeremy.l.rubin at gmail.com\u003e writes:\n\u003e Rusty,\n\u003e\n\u003e Note that this sort of design introduces recursive covenants similarly to\n\u003e how I described above.\n\u003e\n\u003e Whether that is an issue or not precluding this sort of design or not, I\n\u003e defer to others.\n\nGood point!\n\nBut I think it's a distinction without meaning: AFAICT iterative\ncovenants are possible with OP_CTV and just as powerful, though\ntechnically finite. I can constrain the next 100M spends, for\nexample: if I insist on those each having incrementing nLocktime,\nthat's effectively forever.\n\nThanks!\nRusty.",
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