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Bitcoin Covenants Part 5: MATT and OP_CHECKCONTRACTVERIFY — How Bitcoin could carry state across transactions

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Cointelegraph
By Cointelegraph by Korbinian Kettnaker
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Bitcoin Covenants Part 5: MATT and OP_CHECKCONTRACTVERIFY — How Bitcoin could carry state across transactions
Photo / Coverage: CointelegraphCredit: Cointelegraph by Korbinian Kettnaker
EXECUTIVE SUMMARY

OP_CCV embeds contract state directly into Taproot output keys and enforces valid state transitions onchain. This makes it possible to achieve stateful contracts and compact fraud proofs.

Key Takeaways

  • Bitcoin Covenants Part 5: MATT and OP_CHECKCONTRACTVERIFY — How Bitcoin could carry state across transactions.
  • OP_CCV embeds contract state directly into Taproot output keys and enforces valid state transitions onchain.
  • This makes it possible to achieve stateful contracts and compact fraud proofs.

OP_CCV embeds contract state directly into Taproot output keys and enforces valid state transitions onchain. This makes it possible to achieve stateful contracts and compact fraud proofs.

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