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A simple, stack-based, Forth-like programming language using "opcodes" to express spending conditions.

1 vote
0 answers
44 views

How are reserved operations intended to work?

Bitcoin has reserved words like OP_RESERVED1 that are only valid in an unexecuted if branch. How are those words intended on being used in the future to perform some actual operation? I understand how …
B T's user avatar
  • 1,658
6 votes
2 answers
1k views

Is it possible to do a 3-of-5 OR 1 multi-sig for backup purposes?

I'd like to create a multi-sig wallet where I can freely create transactions, but I want to give keys to trusted friends/family + a safety deposit box so that if I hit my head and forget my password, …
B T's user avatar
  • 1,658
0 votes

Is it possible to make an output only spendable to a specific address?

This kind of thing is called a "covenant transaction". It is not currently possible in bitcoin, however there are proposals to add this to bitcion and one of them will likely land sometime in the next …
B T's user avatar
  • 1,658