Damus
dlmair · 148w
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 o...
Rijndael profile picture
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 what you mean about the other lock time. What are the downsides you want to have discussed?

4. I disagree. OP_VAULT would let individual HODLers massively upgrade their security without a lot of operational complexity. Individual users could have a single phone wallet or hardware wallet that implements a vault and falls back to more complex recovery paths. So you could have the ease of use of something like blue wallet but the theft resistance of a multisig
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dlmair · 148w
1. bip345 introduces 'covenant' a new utxo, non-deterministic utxo, doesn't it? 2. from GitHub and Twitter comments, bip345 behaves too hurry, but 1 month ago the author made a lot of changes with the help of others didn't he? 3. bip345 introduces new features, in terms of security comparisons, a...