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Created by
vinjin 94 about 6 days ago

Please explain to me in simple terms how Bitcoin Cash covenants work and what they are

I saw in Jason Dreyzehner's proposal that they can be used for miner validated tokens that do not require something like OP_GROUP: https://blog.bitjson.com/cashtokens-contract-validated-tokens-for-bitcoin-cash/

Please give me a high level intuitive explanation of how they work.

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