Joost Jager [ARCHIVE] on Nostr: 📅 Original date posted:2023-06-03 🗒️ Summary of this message: Removing the ...

📅 Original date posted:2023-06-03
🗒️ Summary of this message: Removing the need for a commitment transaction allows for data inclusion in a single transaction with its own txid, beneficial for covenants and presigned transactions.
📝 Original message:On Sat, Jun 3, 2023 at 9:49 AM Joost Jager <joost.jager at gmail.com> wrote:

> The removal of the need for a commitment transaction also enables the
> inclusion of data within a single transaction that relies on its own
> transaction identifier (txid). This is possible because the txid
> calculation does not incorporate the annex, where the data would be housed.
> This feature can be beneficial in scenarios that require the emulation of
> covenants through the use of presigned transactions involving an ephemeral
> signer.
>

I think this avoidance of a circular reference is also why LN-Symmetry uses
the annex?

Joost
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