Covenants are a category of proposed changes to Bitcoin’s consensus rules that would allow a script to prevent an authorized spender from spending to certain other scripts.| Bitcoin Optech
OP_CHECKTEMPLATEVERIFY (CTV) is a proposed new opcode that takes a commitment and requires any transaction executing the opcode to match the commitment in the following fields: its version, locktime, signature scripts, number of inputs, sequences, number of outputs, outputs, and the location of the input being spent within the spending transaction. This allows an output to specify how its funds may be spent—a design known in Bitcoin as a covenant.| Bitcoin Optech
About Me My name is Seth, and I’ve started this blog to give me a space for longer-form analysis, thought, and content. My aim overall is to educate and learn more myself about where technology and privacy meet, and am deeply enthusiastic about the ability these technologies grant people to take back control of their data, and more broadly, their digital lives. How To Contact Me Signal - @sethforprivacy.01 SimpleX Matrix - @sethforprivacy:agoradesk.com Twitter/X - @sethforprivacy Nostr - se...| sethforprivacy.com