From: Anthony Towns <aj@erisian•com.au>
To: Matt Corallo <lf-lists@mattcorallo•com>,
Bitcoin Protocol Discussion
<bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Unlimited covenants, was Re: CHECKSIGFROMSTACK/{Verify} BIP for Bitcoin
Date: Thu, 3 Feb 2022 16:17:14 +1000 [thread overview]
Message-ID: <20220203061714.GA5326@erisian.com.au> (raw)
In-Reply-To: <5e694d37-ac49-3c24-26ee-ed2a5580d76d@mattcorallo.com>
On Mon, Jul 05, 2021 at 09:46:21AM -0400, Matt Corallo via bitcoin-dev wrote:
> More importantly, AJ's point here neuters anti-covanent arguments rather
> strongly.
>
> On 7/5/21 01:04, Anthony Towns via bitcoin-dev wrote:
> > In some sense multisig *alone* enables recursive covenants: a government
> > that wants to enforce KYC can require that funds be deposited into
> > a multisig of "2 <recipient> <gov_key> 2 CHECKMULTISIG", and that
> > "recipient" has gone through KYC. Once deposited to such an address,
> > the gov can refus to sign with gov_key unless the funds are being spent
> > to a new address that follows the same rules.
I couldn't remember where I'd heard this, but it looks like I came
across it via Andrew Poelstra's "CAT and Schnorr Tricks II" post [0]
(Feb 2021), in which he credits Ethan Heilman for originally coming up
with the analogy (in 2019, cf [1]).
[0] https://medium.com/blockstream/cat-and-schnorr-tricks-ii-2f6ede3d7bb5
[1] https://twitter.com/Ethan_Heilman/status/1194624166093369345
Cheers,
aj
next prev parent reply other threads:[~2022-02-03 6:17 UTC|newest]
Thread overview: 31+ messages / expand[flat|nested] mbox.gz Atom feed top
2021-07-03 16:31 [bitcoin-dev] " Jeremy
2021-07-03 17:50 ` Russell O'Connor
2021-07-03 18:30 ` Jeremy
2021-07-03 20:12 ` Russell O'Connor
2021-07-04 17:30 ` Jeremy
2021-07-04 19:03 ` Russell O'Connor
2021-07-06 17:54 ` Jeremy
2021-07-06 18:21 ` Russell O'Connor
2021-07-06 18:53 ` Jeremy
2021-07-04 1:13 ` David A. Harding
2021-07-04 18:39 ` Jeremy
2021-07-04 20:32 ` [bitcoin-dev] Unlimited covenants, was " David A. Harding
2021-07-04 20:50 ` Billy Tetrud
2021-07-05 0:50 ` ZmnSCPxj
2021-07-05 1:02 ` Russell O'Connor
2021-07-05 2:10 ` Russell O'Connor
2021-07-05 2:39 ` ZmnSCPxj
2021-07-05 5:04 ` Anthony Towns
2021-07-05 13:46 ` Matt Corallo
2021-07-05 13:51 ` Greg Sanders
2022-02-03 6:17 ` Anthony Towns [this message]
2021-07-05 17:20 ` Russell O'Connor
2021-07-06 6:25 ` Billy Tetrud
2021-07-06 10:20 ` Sanket Kanjalkar
2021-07-06 11:26 ` Russell O'Connor
2021-07-06 18:36 ` Jeremy
2021-07-07 4:26 ` ZmnSCPxj
2021-07-07 6:12 ` Billy Tetrud
2021-07-07 13:12 ` Russell O'Connor
2021-07-07 14:24 ` Russell O'Connor
2021-07-07 17:26 ` Jeremy
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