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2027 Proposal: Transaction Version 5
Today I'm proposing CHIP-2025-01 TXv5: Transaction Version 5: - Zero-Overhead Covenants – Enable user-deployed financial and privacy covenants to minimize transaction sizes, matching or outperforming purpose-built, "layer 1" networks. See Example: Zero-Knowledge Proof Covenants. - Detached ("Cross-Input") Signatures – Reduce transaction sizes by enabling multiple inputs to reference the same signature(s)
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2027 Proposal: Transaction Version 5
Today I'm proposing CHIP-2025-01 TXv5: Transaction Version 5: - Zero-Overhead Covenants – Enable user-deployed financial and privacy covenants to minimize transaction sizes, matching or outperforming purpose-built, "layer 1" networks. See Example: Zero-Knowledge Proof Covenants. - Detached ("Cross-Input") Signatures – Reduce transaction sizes by enabling multiple inputs to reference the same signature(s)
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2027 Proposal: Transaction Version 5
Today I'm proposing CHIP-2025-01 TXv5: Transaction Version 5: - Zero-Overhead Covenants – Enable user-deployed financial and privacy covenants to minimize transaction sizes, matching or outperforming purpose-built, "layer 1" networks. See Example: Zero-Knowledge Proof Covenants. - Detached ("Cross-Input") Signatures – Reduce transaction sizes by enabling multiple inputs to reference the same signature(s)
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