💻 Covenants are a potential #Bitcoin upgrade that enable constraints on how coins can be spent, opening the door to features like enhanced scalability, transaction batching, and privacy improvements. Opcodes like OP_CTV (CheckTemplateVerify) could facilitate use cases such as pooled mining and better coinjoin implementations, making Bitcoin more versatile and efficient.

Developers are actively discussing these proposals on the covenants and how they might be implemented.

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