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
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
Nostr & LN ⚡nvk@nvk.org (not an email!)