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Bitcoin OP_CAT use cases series #4: Recursive covenants
A recursive covenant applies to the immediate transaction and subsequent transactions that spend the bitcoins, meaning the imposed conditions could be enforced recursively in perpetuity.
A recursive covenant applies to the immediate transaction and subsequent transactions that spend the bitcoins, meaning the imposed conditions could be enforced recursively in perpetuity.
Following our series #1 and #2, sCrypt demonstrates how to construct non-custodial vaults to provide enhanced security for stored bitcoins.
Blockchain has survived for over a decade now, but its continued survival doesn't rest on hype or novelty but rather on its ability to deliver tangible benefits in a transparent and efficient manner.
The new tax is part of a larger proposal by the Erdogan government to raise $7 billion to plug a budget deficit; similar taxes on stocks failed this month.
The BSV Association recently released its Network Access Rules, and a conversation occurred on X Spaces, clarifying the rules and different opinions, comments, and concerns about it.
Centi AG has set a new record, processing 1 million financial transactions in 24 hours, each consisting of microtransactions worth 1 cent in Centi's stablecoin token.
Bitcoin—embodied as BSV blockchain—has become akin to the fundamental blocks of the evolving digital era as it embodies infrastructure, a staging ground for many possibilities.
In this article, Dr. Craig Wright recounts his "iDaemon" project in 2012, elaborating on the design and architectural blueprint of a complex software system that allows Bitcoin to scale.
Fifteen years ago, the first Bitcoin transaction was recorded on chain, opening the world to the endless possibilities of an electronic peer-to-peer cash system that Satoshi Nakamoto has designed.
The recent "stress tests" on the BSV mainnet by blockchain indexer Bitails highlighted some interesting new use cases for BSV blockchain in the world of IoT and IPv6.
While all blockchains have the capacity to input data, BSV blockchain’s process is more intriguing and unique with its ability to time stamp and give data a monetary dimension.
As Bitcoin approaches its fourth block reward halving, where miners will receive a 3.125 bitcoin reward per block, discussions are heating up around the economic sustainability of both BTC and the BSV blockchain.