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Bitcoin.Review Podcast with NVK & Guests

BR023 - OP_VAULT for Bitcoin Covenants Panel ft. James O'Beirne, Rijndael, Antoine Poinsot & Carman

11 Feb 2023

Description

I'm joined by guests James O'Beirne, Rijndael, Antoine Poinsot and Ben Carman to discuss OP_VAULT for Bitcoin covenants. 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 Links & Contacts: Website: https://bitcoin.review/Podcast Twitter: https://twitter.com/bitcoinreviewhq NVK Twitter: https://twitter.com/nvk Telegram: https://t.me/BitcoinReviewPod Email: [email protected] Nostr & LN:⚡[email protected] (not an email!) Full show notes: https://bitcoin.review/podcast/episode-23/

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