#388: OP_VAULT and Bitcoin Governance with James O'Beirne

TFTC: A Bitcoin Podcast · Jan 16, 2023 · 1h 41m

Join Marty as he sits down with James O'Beirne to discuss the OP_VAULT proposal, the way Bitcoin Core is governed, and some bearish vibes.

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6:23 - Opening riff

9:45 - OP_VAULT

12:18 - Origins of covenants

16:02 - Further iterations and designing the best vault

21:18 - Explaining vaults

25:36 - UTXO batching

27:32 - Use cases

32:29 - Ideal UX

37:03 - Feedback on the opcode

42:22 - Zooming out on implications

43:47 - Back to mailing list feedback

45:48 - When is the BIP coming?

48:09 - Bitcoin core governance

55:55 - Bitcoin ossification

59:32 - How should governance…