Binary covenants on #Bitcoin refer to a type of spending condition that restricts how Bitcoin can be spent, allowing only specific transactions to occur. This means that a transaction can enforce rules on future transactions, such as only allowing funds to be sent to predetermined addresses or under certain conditions.
Is there a use case to restricting your use of your money?
Wes
npub16ctd...4qpf
Wes from the west
#btc people were brainwashed that #XBT #Blake2b #Bitcoin forked off 😂
The altcoin btc emerged when miners rejected BIP-110 and continued on the incompatible chain.
Matthew Kratter on why the other side has no grenade:
"We're just crazy enough to walk into the room and say: look, Bitcoin is money. This is so important to me that I've got a grenade here, and I'm willing to blow all of us up if you don't go along with us.
And we don't have an opposition. No one has the hand grenade that says I want spam and CSAM on Bitcoin. If there were a group trying to push that through, I would URSF them in a second, because that's unacceptable.
We're watching Bitcoin heal itself and fight back."
@mattkratter
on The @_BitcoinMatrix
#279.
@LukeDashjr
You're the one who is brainwashed.
Spamcoin DID fork off to make a new altcoin.
They attempted to hardfork to remove #BIP110.
Hardfork attempts without consensus FAIL and become an altcoin.
To contrast, just 3 weeks later, #BLAKE2b hardforked successfully WITH consensus.
#xbt #bitcoin
Adam Back, CEO of Blockstream. In December 2023, Back described Dashjr as Bitcoin's "10th man", the contrarian voice a system needs to stay honest. Bitcoin, he wrote, was safer for having him. #xbt #blake2b #bitcoin
#bitcoin was defined as money after the core takeover they changed the definition removing use as money!
Should be no spot for useless features that noone can define a clear use case for. yet they fight to keep it in. I want bitcoin to be just money and remove all useless use cases not good for bitcoin. There is a chain now full of pictures now called BTC and many places this can be used. BitTorrent was designed to be censor resistant some say the beginning of bitcoin.
The arguments from thous I imagine have a investment into btc freaking out that someone has a problem with it. Hate the crap out of #XBT #blake2b Bitcoin
I ask them to sell me there worthless xbt then or I ask them if they are ok with the proposed taxs. Number one question to ask is if they believe bitcoin should be used for money.
They seem to think its ok to be money and thats what they want but also want this no restrictions on what people can abuse bitcoin for.
I feel if this is not resolved BTC is dead. XBT gets better every day.
The longer future XBT has some breathing room to tighten up the code make the major changes now that will be a pain later on. its like the beta is on a testnet if it survives some time there it goes live. It should be ready when its ready . You will know when volumes go to the billions as we know it seems to hit.
#xbt #bitcoin #fiatwar https://rumble.com/v7g8n7y-rf-bis.html
Luke Dashjr
"
- We now have the precedent that centralization will result in a PoW change, creating a strong disincentive to do it.
- BLAKE2b doesn't have any known vulnerabilities (like SHA256d's ASICBoost) and is very simple for new ASIC manufacturers to enter the market. There are already 6 or 7.
- Since we had to reorganize the header anyway, we also fixed several long-standing issues with it. One of those issues fixed is block withholding attacks. The only way previously to defend against them was incentives and KYC. With the new format, it is possible to defend completely at a technical level.
- The new header also increases the nonce space significantly, avoiding the need for mining hardware to handle Bitcoin internals - often incorrectly, a problem that interferes with generating payouts to miners directly.
"
#xbt #blake2b #bitcoin
At the moment a risky bet but a far better future
#btc forked off now they are talking about adding
-OP_CAT covenants (force how you can spend or just make your money expire)
-Tail emission and/or demurrage (tax on holding your money and a tax for the greedy miners)
-Tether wants to mint there tokens in bitcoin.
Covenant opcodes in Bitcoin would allow spending conditions to be attached to transaction outputs that restrict how the received bitcoins can be spent in future transactions, such as limiting spending to whitelisted addresses or enforcing specific transaction structures
So lets go against freedom and make a payment that can force bitcoin to only be spent on certain things . sounds like Central Bank Digital currency feature to me.
I do not want money that has a condition on it like what I can or can not buy. Thats just wrong. Another example of the downfall of #btc
Hodlonaut posted on x that Adam Back
"Did you guys catch the latest @adam3us
news!?! It’s huge! BREAKING!
He supports covenant opcodes!",
So BTC is moving to be a CBDC so start looking at your only other choice #xbt #blake2b

X (formerly Twitter)
hodlonaut (@hodlonaut) on X
Citizen Journalist. Always looking to learn. Speaking my mind. Behind https://t.co/zk4Z2HrhA3 @ctdl21
Hard forks of the past BCH BSV realy only needed minor changes ready to go, The big difference of #XBT #Blake2b is alot of coding changes so mainly a chance at a fresh start! Oportunity to rebuild from the bottom up! Time to redo better. Sorta puts things back many years. Risk higher. Better return Better future!
Its no surprise that any of these #bitcoin hacks happened all around the time AI testing security. We get stronger!
#XBT #BTC #Bitcoin

X (formerly Twitter)
Shire (@Shireh0dl) on X
More details:
#XBT #blake2b @Abel_xl takes on #BTC sessions misrepresenting #bitcoin
🚀RoboSats next release:
✅ Adds #xbt as BTCB2 as a swap method, in the same list as On-Chain BTC, LBTC, RBTC and WBTC. It sits right after On-Chain BTC, in third position.
You can use your on chain wallet seedin a #xbt supported wallet if you had #btc befor aug 8th 2026. Since it was a fork what ever you had you will have.
You could use the 3 different exchanges and face to face if you want to buy and sell. Safetrade Nokyc or the popular Neoxa. Now sounds like RoboSats
#XBT blake2b or #btc sha256d, Principle over feelings! choose wisely.
