I'm joined by guests [James O'Beirne]( https://twitter.com/jamesob ), [Rijndael]( https://twitter.com/rot13maxi ), [Antoine Poinsot]( https://twitter.com/darosior ) and [Ben Carman]( https://twitter.com/benthecarman ) to discuss OP_VAULT for Bitcoin covenants.
**Discussion Topics:**
* 00:03:40 Overview of OP_VAULT
* 00:10:34 Practical examples of OP_VAULT
* 00:14:44 Anchors and fee management mechanisms
* 00:17:05 Fee management
* 00:20:37 Generating addresses
* 00:23:44 Use cases for OP_VAULT
* 00:26:29 Key management
* 00:31:56 Inheritance planning
* 00:33:35 Simplicity vs complexity
* 00:38:42 OP_VAULT practical applications
* 00:44:34 Covenants and discreet log contracts
* 00:57:44 OP_VAULT benefits
* 01:05:31 Criticisms and risks
* 01:09:27 Watchtowers and handling blockchain information
* 01:12:35 Fungability concerns
* 01:18:46 Drivechains & CTV
* 01:21:34 Unforseen consequences (ordinals)
* 01:23:03 Activating OP_VAULT
* 01:42:15 Chain ossification
* 01:43:23 Bitcoin vs gold - attack vectors
* 01:51:37 Further reading
**Links & Contacts:**
* Website: https://bitcoin.review/Podcast
* Twitter: https://twitter.com/bitcoinreviewhq
* NVK Twitter: https://twitter.com/nvk
* Telegram: https://t.me/BitcoinReviewPod
* Email: producer@coinkite.com
* Nostr & LN:âš¡nvk@nvk.org (not an email!)
_**Full show notes: https://bitcoin.review/podcast/episode-23/**_