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Replying to Avatar Machu Pikacchu

No need for new OpCodes to enable covenants.

Write a script that encrypts a method for generating a private/public key pair using the entropy from the last N blocks and can’t be tampered with.

As long as the runtime script is blinded from the machine running it and you can prove that nobody can witness the private key then you can also have the script perform arbitrary computation and verifiably be rewarded with a UTXO.

Ask your friendly neighborhood cryptographer for a prescription for homomorphic encryption today.

#bitcoin #covenants

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Thekid.999 1y ago

I dont need to do all this. All i need is to move btc on chain and thats it.

nostr:nevent1qqspynu3ppm4nne46heh2vzyftrn5ed306wykzta9dl064llct0yl8spzemhxue69uhkummnw3ex2mrfw3jhxtn0wfnj7q3qr6ggl0qazvwp02rlxgrf75lkfazuwhu35tmdg0u25eqsjax6243qxpqqqqqqz6ck2rw

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21 Stackage 🦡 1y ago

Just remember to dump CantorCoin after the fork

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Machu Pikacchu 1y ago

Same here. I don’t want new functionality on chain if it can be done securely otherwise. There’s a lot of talk of covenants these days and I’m not convinced we need them.

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