public inbox for bitcoindev@googlegroups.com
 help / color / mirror / Atom feed
* [bitcoindev] Un-FE’d Covenants: Char-ting a new path to Emulated Covenants via BitVM Integrity Checks
@ 2024-11-27  3:05 jeremy
  0 siblings, 0 replies; only message in thread
From: jeremy @ 2024-11-27  3:05 UTC (permalink / raw)
  To: Bitcoin Development Mailing List


[-- Attachment #1.1: Type: text/plain, Size: 928 bytes --]

Esteemed Bitcoin Developers,

Sharing below an approach to implementing Bitcoin covenants without 
requiring native protocol changes. The approach uses covenant emulators 
signing servers.

Unlike approaches to date for covenant emulation, the oracle signers put up 
bonds to BitVM auditors subject to a BITVM style fraud proof, whereby their 
funds can be stolen if the emulator oracle ever signs a transaction in 
violation of the covenant rules.
you can find the paper here: 
https://rubin.io/bitcoin/2024/11/26/unfed-covenants/

Regards,

Jeremy

-- 
You received this message because you are subscribed to the Google Groups "Bitcoin Development Mailing List" group.
To unsubscribe from this group and stop receiving emails from it, send an email to bitcoindev+unsubscribe@googlegroups•com.
To view this discussion visit https://groups.google.com/d/msgid/bitcoindev/30440182-3d70-48c5-a01d-fad3c1e8048en%40googlegroups.com.

[-- Attachment #1.2: Type: text/html, Size: 1461 bytes --]

^ permalink raw reply	[flat|nested] only message in thread

only message in thread, other threads:[~2024-11-27  3:21 UTC | newest]

Thread overview: (only message) (download: mbox.gz / follow: Atom feed)
-- links below jump to the message on this page --
2024-11-27  3:05 [bitcoindev] Un-FE’d Covenants: Char-ting a new path to Emulated Covenants via BitVM Integrity Checks jeremy

This is a public inbox, see mirroring instructions
for how to clone and mirror all data and code used for this inbox