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0 sats \ 2 replies \ @ek 10h \ parent \ on: Why I'm Against Covenants (Jimmy Song) bitcoin
Afaict, the first thing @jimmysong said was already wrong because Spark is doing what he says no one is doing (#1218968)
Afaik, covenants don’t enable „arbitrary computations on the chain“ or „decentralized computation on the blockchain.“ Comparing them with Ethereum is a stretch. There are also many different proposals for covenants.
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0 sats \ 0 replies \ @ek 8h
@jimmysong, if you read this, I apologize for jumping to conclusions, I was wrong, see #1219027
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0 sats \ 0 replies \ @SimpleStacker 10h
Ok, well I don't really know about the full range of possibilities it enables. My comment about Ethereum is mainly that the vibe I got with Ethereum was that they got really excited about these technical ideas, but in the end there just isn't a real demand for that. Like I remember Vitalik's comments about tokenizing game assets and making them transferrable between games. Are we really seeing that? Did anyone want that? I am wondering the same thing for covenants.
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