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MarketPublished by KAS Watch · November 13, 2026

Bitcoin Covenants Part 5: MATT and OP_CHECKCONTRACTVERIFY

OP_CHECKCONTRACTVERIFY embeds contract state directly into Taproot output keys and enforces valid state transitions onchain. This technical implementation enables stateful contracts and compact fraud proofs within the Bitcoin network.

Why it matters for the market

Changes in Bitcoin smart contract capabilities can influence broader crypto market sentiment and macro liquidity trends, which may indirectly affect risk appetite across Layer 1 assets like Kaspa.

Original source

Cointelegraph
Source publication · November 11, 2026 · 1 verified source
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