Re: [bitcoin-dev] OP_VAULT: a new vault proposal

2023-01-19 Thread Billy Tetrud via bitcoin-dev
>> It would usually be prudent to store this recovery address with every key to the vault, ... > Worth noting now that in OP_VAULT the recovery path can be optionally gated by an arbitrary scriptPubKey. Gating by a scriptPubKey solves the problem I was talking about there. However, thinking about

Re: [bitcoin-dev] Using OP_VAULT to improve DLCs

2023-01-19 Thread Billy Tetrud via bitcoin-dev
That's an interesting mechanism. Since the goal of OP_VAULT was to avoid being another general covenant proposal, that avenue could be blocked by requiring that for a transaction spending a utxo with a script using OP_UNVAULT, the script (or taproot tree) must *only* contain that one opcode call (p