Standardisation of an unstructured taproot annex



Summary:

The email conversation discusses the removal of the need for a commitment transaction and how it enables the inclusion of data within a single transaction that relies on its own transaction identifier (txid). This is possible because the txid calculation does not incorporate the annex, where the data would be housed. The feature can be useful in scenarios that require the emulation of covenants through the use of presigned transactions involving an ephemeral signer. Joost Jager also mentions that this avoidance of a circular reference is also why LN-Symmetry uses the annex.


Updated on: 2023-06-16T18:44:00.654531+00:00