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Subject: Re: [bitcoindev] CTV + CSFS: a letter
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Thanks Jameson.
I think this is a much more valuable contribution to encouraging developers=
to work on covenants=20
than some other parts of this thread.
Is there a specific protocol utilizing covenants that you wish to implement=
at Casa (I assume Vaults=20
maybe, but can you sketch the high-level setup and considerations)?
Thanks,
Matt
On 6/13/25 7:08 AM, Jameson Lopp wrote:
> > Unlike a generic "We Want Things" sign-on letter,=C2=A0individual mess=
ages indicating desire to=20
> utilize features is way more compelling.
>=20
> Then I submit my essay from 2 years ago (https://blog.casa.io/why-bitcoin=
-needs-covenants/ <https://=20
> blog.casa.io/why-bitcoin-needs-covenants/>) and will quote myself:
>=20
> "There are clearly a LOT of use cases that could potentially be unlocked =
with the right kind of=20
> covenant implementation. Personally, having spent 8 years working on high=
security multi-signature=20
> wallets, I'm most interested in vaults. I believe the value they offer is=
quite straightforward and=20
> is applicable to every single self-custody bitcoin user, regardless of wh=
at type of wallet they are=20
> running."
>=20
> - Jameson
>=20
> On Thu, Jun 12, 2025 at 6:54=E2=80=AFPM Matt Corallo <lf-lists@mattcorall=
o.com <mailto:lf-=20
> lists@mattcorallo.com>> wrote:
>=20
> To be fair to James, in my (luckily rather brief) experience with Bit=
coin-consensus-letter-writing,
> its nearly impossible to forge a statement that everyone agrees to th=
at is consistently interpreted.
>=20
> Matt
>=20
> On 6/12/25 3:51 PM, Andrew Poelstra wrote:
> > Le Thu, Jun 12, 2025 at 02:38:13PM -0400, James O'Beirne a =C3=A9c=
rit :
> >>
> >> As the person who coordinated the letter, I can say that this is =
not an
> >> accurate characterization of the signers' intent. Everyone who si=
gned
> >> explicitly wants to see the imminent review, integration, and act=
ivation
> >> planning for CTV+CSFS specifically. The letter is intentionally c=
oncise to
> >> make sure there are no misunderstandings about that.
> >>
> >> I spoke to each person on the original list of signatories who ei=
ther did
> >> (or didn't) sign and this was made very clear. Some people didn't=
sign as a
> >> result of what the letter says.
> >>
> >
> > The letter asks Core to "prioritize the review and integration" on=
an
> > accelerated timeline, and that this will "allow" for "activation p=
lanning".
> >
> > Early drafts of the letter did ask for actual integration and even
> > activation, but I did not sign any of those early drafts. It was n=
ot
> > until the language was weakened to be about priorities and plannin=
g (and
> > to be a "respectful ask" rather some sort of demand) that I signed=
on.
> >
> >
> > The letter is concise but unfortunately I think Matt is correct th=
at it
> > offers a broad range of interpretations, even among the signers.
> >
> >
>=20
> --=20
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>=20
--=20
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