This series of posts walks through what was built, what each constraint does, and what it means for the people who build on Kaspa
What Is a Covenant and what we demonstrated 👇
A Kaspa covenant is a programmable constraint embedded in a UTXO
It doesn't just say "this address can spend these funds" It says how the funds can be spent, by whom, when, and in what sequence
Think of a covenant as a smart contract without a VM No gas fees, no EVM overhead
No runtime environment to exploit
If the constraint isn't satisfied, the transaction is rejected... not by an API, not by a server, but by the protocol itself