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BIP-116

MERKLEBRANCHVERIFY.

Draft

Would let a script check that one or more items come from a list fixed in advance, without revealing the whole list.

Today a script, the small program that decides who can spend coins, has to show every possible spending condition, even unused ones. That wastes space and reveals private details of a contract. This new check would let coins commit to a set of keys or rules and reveal only the ones needed when spending.

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