Bitcoin Covenants Part 5: MATT and OP_CHECKCONTRACTVERIFY — How Bitcoin could carry state across transactions

OP_CCV embeds contract state directly into Taproot output keys and enforces valid state transitions onchain. This makes it possible to achieve stateful contracts and compact fraud proofs. This is Part 5 in the technical article series about Bitcoin covenants by Cointelegraph Research. To read the previous article click here.  MATT (Merkleize All The Things) is […]