Bitcoin Review Podcast BR023 - OP_VAULT for Bitcoin Covenants Panel ft. James O'Beirne, Rijndael, Antoine Poinsot & Carman
I’m joined by guests James O’Beirne, Rijndael, Antoine Poinsot and Ben Carman to discuss OP_VAULT for Bitcoin covenants.
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Discussion Topics:
- 00:03:40 Overview of OP_VAULT
- 00:10:34 Practical examples of OP_VAULT
- 00:14:44 Anchors and fee management mechanisms
- 00:17:05 Fee management
- 00:20:37 Generating addresses
- 00:23:44 Use cases for OP_VAULT
- 00:26:29 Key management
- 00:31:56 Inheritance planning
- 00:33:35 Simplicity vs complexity
- 00:38:42 OP_VAULT practical applications
- 00:44:34 Covenants and discreet log contracts
- 00:57:44 OP_VAULT benefits
- 01:05:31 Criticisms and risks
- 01:09:27 Watchtowers and handling blockchain information
- 01:12:35 Fungability concerns
- 01:18:46 Drivechains & CTV
- 01:21:34 Unforseen consequences (ordinals)
- 01:23:03 Activating OP_VAULT
- 01:42:15 Chain ossification
- 01:43:23 Bitcoin vs gold - attack vectors
- 01:51:37 Further reading
Notes & Resources
- OP_VAULT: mailing list - a new vault proposal [bitcoin-dev]
- OP_VAULT draft BIP
- PDF White Paper
- Stephan Livera episode with James
Episode submission ideas
- We’re looking for ideas for interesting panel conversations. To send Bitcoin related questions, just go to bitcoin.review and follow the contact links at the bottom of the page.
Get in touch with the pod
- Podcast Twitter
- NVK Twitter
- Telegram
- Nostr & LN ⚡nvk@nvk.org (not an email!)
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