Cofund maps the Bitcoin covenant landscape with 24+ use cases in new interactive atlas

Bitcoin covenants have been discussed, debated, and occasionally rage-tweeted about for over a decade. What they haven’t had, until now, is a clean visual map showing what they could actually do. Cofund, a company focused on Bitcoin multisig treasury applications, just published exactly that. The project is called “The Covenants Use-Case Atlas,” and it catalogs more than 24 distinct covenant use cases in an interactive format. It covers everything from foundational vault designs to more exotic implementations like Ark non-interactive issuance and payment pools. What the atlas actually covers For the uninitiated, covenants are a proposed class of Bitcoin script upgrades that would let transactions include conditions on how funds can be spent in the future. Think of it like writing a check that says “this money can only go to rent, groceries, or savings.” Right now, Bitcoin transactions can specify who gets the funds but not what those recipients can do with them afterward. Covenants would change that. The atlas organizes these use cases around several key proposals. CTV, or CheckTemplateVerify (formally BIP 119), proposed by Jeremy Rubin, is probably the most widely discussed. OP_CA...