Is it possible to restrict where coins from a given P2SH address can be sent to?

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I would like to create a checking/saving style scheme where coins from savings can only go into checking before they go anywhere else.

Is this even possible in Bitcoin?

R Bubba M

Posted 2016-10-15T01:01:02.733

Reputation: 23

Answers

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No, Bitcoin script has no view of the output of a transaction as a design decision. This sort of behavior is called a covenant, which is usually regarded to be a fairly poor idea.

Anonymous

Posted 2016-10-15T01:01:02.733

Reputation: 10 054