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Explaining Bitcoin Covenants: MATT and OP_CHECKCONTRACTVERIFY for Stateful Transactions · Cyprus Report

Tech · World

Explaining Bitcoin Covenants: MATT and OP_CHECKCONTRACTVERIFY for Stateful Transactions

1 sourceFirst reported 4 days agoUpdated 4 days ago

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OP_CHECKCONTRACTVERIFY embeds contract state directly into Taproot output keys to enforce valid state transitions on-chain.
This cryptographic mechanism enables Bitcoin to achieve stateful contracts and compact fraud proofs.

Generated by AI from the 1 sources below · always verify with the originals

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All coverage (1)

Bitcoin Covenants Part 5: MATT and OP_CHECKCONTRACTVERIFY — How Bitcoin could carry state across transactionsCointelegraph · 4 days ago

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AI summary: catch up in 20 seconds

OP_CHECKCONTRACTVERIFY embeds contract state directly into Taproot output keys to enforce valid state transitions on-chain.
This cryptographic mechanism enables Bitcoin to achieve stateful contracts and compact fraud proofs.

Generated by AI from the 1 sources below · always verify with the originals