I'm joined by guests James O'Beirne, Rijndael, Antoine Poinsot and Ben Carman to discuss OP_VAULT for Bitcoin covenants.
00:03:40 Overview of OP_VAULT00:10:34 Practical examples of OP_VAULT00:14:44 Anchors and fee management mechanisms00:17:05 Fee management00:20:37 Generating addresses00:23:44 Use cases for OP_VAULT00:26:29 Key management00:31:56 Inheritance planning00:33:35 Simplicity vs complexity00:38:42 OP_VAULT practical applications00:44:34 Covenants and discreet log contracts00:57:44 OP_VAULT benefits01:05:31 Criticisms and risks01:09:27 Watchtowers and handling blockchain information01:12:35 Fungability concerns01:18:46 Drivechains & CTV01:21:34 Unforseen consequences (ordinals)01:23:03 Activating OP_VAULT01:42:15 Chain ossification01:43:23 Bitcoin vs gold - attack vectors01:51:37 Further readingWebsite: https://bitcoin.review/PodcastTwitter: https://twitter.com/bitcoinreviewhqNVK Twitter: https://twitter.com/nvkTelegram: https://t.me/BitcoinReviewPodNostr & LN:⚡[email protected] (not an email!) Full show notes: https://bitcoin.review/podcast/episode-23/