Question about OP_CTV and Non-Recursive Covenants

The discussions surrounding the concept of covenants in blockchain transactions, as introduced by Gregory Maxwell in 2013, delve into the complexity and potential concerns associated with recursive covenants within a chain of transactions. The idea has been a topic of interest for an extended period, highlighting its significance and the depth of analysis it requires. The concept raises questions about the safety and implications of implementing covenants that restrict transactions to specific conditions or requirements.

A specific point of interest is whether a covenant that commits only to the mined location of a spent outpoint, rather than to the outpoint irrespective of its location, could alleviate some of the concerns Maxwell identified regarding the permanent encumbrance of satoshis (sats). This inquiry suggests exploring alternatives to the original proposal that might mitigate the risk of permanently limiting the utility or movement of sats through overly restrictive covenants. The dialogue indicates a search for a balanced approach that addresses safety concerns while considering the technical and ethical implications of such financial transaction constraints.