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Bitcoin Covenants Part 2: OP_CHECKTEMPLATEVERIFY

Bitcoin Covenants Part 2: OP_CHECKTEMPLATEVERIFY

CTV lets a Bitcoin output commit to precisely what the next transaction must look like. This enables trust-minimized vaults, congestion control, and smart contract primitives without pre-signed key management.

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FAQs

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Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.

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