Bitcoin Review Podcast BR033 - OP_VAULT Round 2, Many Changes & OP_CTV ft. JamesOB, theinstagibbs, benthecarman & Rijndael
I’m joined by guests JamesOB, Greg, Ben Carman and Rijndael to discuss OP_VAULT.
If you missed chechout the first OP_VAULT episode #23 here
Discussion Topics:
- 00:01:26 Introductions
- 00:02:35 Primer on OP_VAULT
- 00:08:37 How is CHECKTEMPLATEVERIFY achieved?
- 00:13:12 Fee issues on CTV
- 00:15:20 How has the proposal evolved?
- 00:17:32 Simplification of OP_VAULT proposal
- 00:21:34 Script libraries and CTV templates
- 00:23:52 OP_VAULT criticisms
- 00:34:22 Do we need OP_VAULT? Why change Bitcoin?
- 00:36:44 OP_VAULT Opsec
- 00:43:30 Cancel paths
- 00:47:30 Why do OP_VAULT along with CTV?
- 00:49:57 OP_VAULT + ANYPREVOUT
- 00:50:28 Blockspace concerns
- 00:52:41 Use in chaumian mints/ecash
- 00:53:25 Managing security between L1 & L2
- 00:56:56 Vaults & DLCs
- 00:59:10 How do we activate OP_VAULT?
- 01:02:43 Is there enough interest to do the work?
- 01:04:05 Investment insurance concerns
- 01:08:56 Now really, how do we activate OP_VAULT??
- 01:13:01 Taproot & Segwit complexity VS OP_VAULT
- 01:16:33 OP_VAULT product market fit
- 01:18:47 Recursiveness of OP_VAULT
- 01:19:53 OP_VAULT main selling points
- 01:26:04 Multisig, OP_VAULT and improving HODL features
- 01:32:14 Final thoughts
Notes & Resources
- Add OP_VAULT (BIP 345) - Github
- https://twitter.com/JeremyRubin/status/1618994157552570368
- Jeremy Ruben Bitcoin Core Vulnerability Report
- Taproot sighash implementation could cause blocks to take 60s or more to validate with specially crafted standard transactions. The patch adds a new cache during validation.
- Vaults and Covenants by James O’Beirne
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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