fiatjaf on Nostr: I think it has only probably worked because the core developers were massively ...
I think it has only probably worked because the core developers were massively supportive of it.
Now they are not because none of the current proposals is cool enough or does cryptographic tricks enough, or, as matt (npub185h…wrdp) and provoost (npub1s6z…wk4c) said recently, because none of the covenant proposals offer any really decent scaling solution enough to excite anyone not even as a promise (except for Mercury statechains of course, but this one is often forgotten for reasons I don't understand).
Oddly, though, Taproot not even hinted at any scaling benefits and it didn't feel really exciting to anyone I think, but still it was good, reasonable, ok (as are most of the current covenant proposals).
Now they are not because none of the current proposals is cool enough or does cryptographic tricks enough, or, as matt (npub185h…wrdp) and provoost (npub1s6z…wk4c) said recently, because none of the covenant proposals offer any really decent scaling solution enough to excite anyone not even as a promise (except for Mercury statechains of course, but this one is often forgotten for reasons I don't understand).
Oddly, though, Taproot not even hinted at any scaling benefits and it didn't feel really exciting to anyone I think, but still it was good, reasonable, ok (as are most of the current covenant proposals).