FWIW there have been a number of thoughts over the years in this general area. I came up with SNICKER in 2017, there's a draft BIP on my gist (AdamISZ), not sure why it was never assigned a number. I ...
Please explain how covenants help solve scalability. I’m wondering how these proposals address the uncertainty of fees.
It seems to me that restricting payments to a particular address assumes that the transaction can be actually made or that fees are negligible.
With fees growing, would it be possible for the payment to be uneconomical? And even if the payment is made, the actual amount received may be less than expected?
It seems to me that restricting payments to a particular address assumes that the transaction can be actually made or that fees are negligible.
With fees growing, would it be possible for the payment to be uneconomical? And even if the payment is made, the actual amount received may be less than expected?
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