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[BIP-119] Reword section on fungibility in motivation

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Jeremy Rubin 2022-05-23 09:35:04 -07:00
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1 changed files with 3 additions and 3 deletions
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@ -43,9 +43,9 @@ Covenants are restrictions on how a coin may be spent beyond key ownership.
This is a general definition based on the legal definition which even simple This is a general definition based on the legal definition which even simple
scripts using CSV would satisfy. Covenants in Bitcoin transactions usually scripts using CSV would satisfy. Covenants in Bitcoin transactions usually
refer to restrictions on where coins can be transferred. Covenants can be refer to restrictions on where coins can be transferred. Covenants can be
useful to construct smart contracts. As covenants are complex to implement and useful to construct smart contracts. Covenants have historically been widely
risk of introducing fungibility discriminants they have not been seriously considered to be unfit for Bitcoin because they are too complex to implement
considered for inclusion in Bitcoin. and risk reducing the fungibility of coins bound by them.
This BIP introduces a simple covenant called a *template* which enables a This BIP introduces a simple covenant called a *template* which enables a
limited set of highly valuable use cases without significant risk. BIP-119 limited set of highly valuable use cases without significant risk. BIP-119