01Definition
Proposed script constraints that restrict how coins may be spent in later transactions, enabling vaults and new protocols but adding complexity.
02Context
Proposed script constraints that restrict how coins may be spent in later transactions, enabling vaults and new protocols but adding complexity. This coordinate is placed in the wider system through its protocol, economic and historical relationships.
03Why it matters
Understanding Bitcoin covenants helps distinguish a verifiable Bitcoin mechanism or historical record from slogans, products and market narratives.
⌖Reference points
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Linked to related atlas coordinates
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Grounded in a source record
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Explains function and trade-offs
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Part of the open Bitcoin knowledge graph