Rusty Russell [ARCHIVE] on Nostr: 📅 Original date posted:2022-02-15 📝 Original message:Jeremy Rubin ...

📅 Original date posted:2022-02-15
📝 Original message:Jeremy Rubin <jeremy.l.rubin at gmail.com> writes:
> Rusty,
>
> Note that this sort of design introduces recursive covenants similarly to
> how I described above.
>
> Whether that is an issue or not precluding this sort of design or not, I
> defer to others.

Good point!

But I think it's a distinction without meaning: AFAICT iterative
covenants are possible with OP_CTV and just as powerful, though
technically finite. I can constrain the next 100M spends, for
example: if I insist on those each having incrementing nLocktime,
that's effectively forever.

Thanks!
Rusty.