Taro: A Taproot Asset Representation Overlay



Summary:

The conversation discusses various topics related to the Taro protocol. The first topic is acknowledging the originators of the idea behind the RGB protocol in a BIP draft. The second topic is about the limitations of building scripting support in Taro, but the conversation explores a potential solution called an "issuance covenant" design sketch that extends the system to allow a specified or generalized script to be validated when an asset issuance transaction is being validated. The third topic is about the possibility of using Bitcoin covenants to enforce certain spending conditions on Taro assets. Finally, the conversation addresses the issue of the location of the Taro tree inside the taproot tree needing to be deterministic for the verifier, and the output in which the Taro tree is placed also needing to be fully specified.


Updated on: 2023-06-03T08:13:07.867192+00:00