Damus
Rijndael · 148w
Talking to some people about OP_VAULT today. Any questions you have that you want the answers to?
dlmair profile picture
Some thoughts

1. bip345 introduced a new utxo which is new, unprecedented, and not in a minor scope. Change is Too big.

2. bip345 seeks fast activation, and inevitable activation, but after only one month, it seems that the author has made significant changes to it, including detail implementation. Too hurry.

3. only discuss the benefits without reciprocity, and avoid discussing the disadvantages of its misuse. Compares are Not even for other time lock method

4. It is very beneficial for institutional users, but not friendly enough for individual users, which exacerbates inequality. A simple one like watch tower is not practically implementable for most of the individual users
1
Rijndael · 148w
1. The change is much smaller than other soft forms and is a well-scoped change (vs a large sweeping change). It does not introduce new utxos. It introduces new ways to encumber coins 2. The activation for bip345 is currently unspecified. It is not seeking a one month activation. 3. Im not sure w...