btclnd on Nostr: [non galaxy brain disclaimer] I’ve listened to a few pods talking about covenants ...
[non galaxy brain disclaimer]
I’ve listened to a few pods talking about covenants and the dedicated op code versus generic op code approach.
Personal non qualified opinion,if we went the dedicated op code route then that seems more useful for the average HODL freak.
“OP_LOCK_SPEND”
Locks inputs to output with the restriction that N sats (inc fee) can be spent per M blocks from output. Sats able to be spent accumulates, 2x M blocks have passed without a spend? 2x N sats can be spent in a single transaction.
You set up an overly bullish spend policy? Wait longer - it’s probably not a life or death spend anyway.
I’ve listened to a few pods talking about covenants and the dedicated op code versus generic op code approach.
Personal non qualified opinion,if we went the dedicated op code route then that seems more useful for the average HODL freak.
“OP_LOCK_SPEND”
Locks inputs to output with the restriction that N sats (inc fee) can be spent per M blocks from output. Sats able to be spent accumulates, 2x M blocks have passed without a spend? 2x N sats can be spent in a single transaction.
You set up an overly bullish spend policy? Wait longer - it’s probably not a life or death spend anyway.