uxellodunum on Nostr: I'm trying to understand the value-proposition of #Covenants. Going through a bunch ...

I'm trying to understand the value-proposition of #Covenants.

Going through a bunch of material, so far my conclusion is, it adds a ton of functionality at the cost of moving
#Bitcoin from being permissionless to permissable.

I definitely think we need a solution at the UTXO level, have been saying this for a while, but definitely not convinced this is it.