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Diffstat (limited to 'bip-0119.mediawiki')
| -rw-r--r-- | bip-0119.mediawiki | 4 |
1 files changed, 2 insertions, 2 deletions
diff --git a/bip-0119.mediawiki b/bip-0119.mediawiki index 37cb477..552e1f0 100644 --- a/bip-0119.mediawiki +++ b/bip-0119.mediawiki @@ -49,10 +49,10 @@ and risk reducing the fungibility of coins bound by them. This BIP introduces a simple covenant called a *template* which enables a limited set of highly valuable use cases without significant risk. BIP-119 -templates allow for non-recursive fully-enumerated covenants with no dynamic +templates allow for '''non-recursive''' fully-enumerated covenants with no dynamic state. CTV serves as a replacement for a pre-signed transaction oracle, which eliminates the trust and interactivity requirements. Examples of uses include -wallet vaults, non-interactive payment channel creation, congestion controlled +vaults, non-interactive payment channel creation, congestion controlled batching, efficient to construct discreet log contracts, and payment pools, among many others. For more details on these applications, please see the references. |