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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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Elephant in the root 1y ago

I actually do know of a service that does exactly that. firefish.io One of the keys is in RAM only and thrown away.

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