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Replying to Avatar jimmysong

You can basically do covenants by creating pre-signed transactions and throwing the private key away. To my knowledge no wallet has any UI for it and no service advertises that they do anything like this.

Which raises the question, if covenants are so useful, why don't people do what I've described?

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Nice and Kind Vic 1y ago

This is a fundamental misunderstanding of covenants

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