Re: [bitcoin-dev] BIP for OP_VAULT

2023-03-06 Thread Greg Sanders via bitcoin-dev
Hi James, I think everything except the hinted "withdrawal authorization" is spot on. For withdrawal authorization, I think we'll have to go deeper into the TLUV direction as AJ suggested for at least a couple reasons: 1) You need the withdrawal authorization committed at deposit time 2) You nee

Re: [bitcoin-dev] BIP for OP_VAULT

2023-03-06 Thread James O'Beirne via bitcoin-dev
I'm glad to see that Greg and AJ are forming a habit of hammering this proposal into shape. Nice work fellas. To summarize: What Greg is proposing above is to in essence TLUV-ify this proposal. I.e. instead of relying on hashed commitments and recursive script execution (e.g. + later presentati