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2025-11-28 21:59:42 UTC
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Super Testnet on Nostr: > Bitcoin's protocol gives a syntax for financial state transitions, but doesn't ...

> Bitcoin's protocol gives a syntax for financial state transitions, but doesn't judge whether they are acceptable state transitions

It seems to me that bitcoin's protocol *does* judge whether a state transition is acceptable or not, e.g. in the tx_check.cpp file

For example, consider this snippet:

if (txout.nValue > MAX_MONEY)
return state.Invalid

That seems to imply that a transaction with an output that creates more than 21,000,000 btc is not acceptable