Anyone here anti-CTV/APO/OP_VAULT, and why?
Discussion
I was initially very skeptical of opctv, I didnt like the way jeremy rubin went about pushing it. Since, clearly we need a covenant implementation, im neutral on whats best.
So it was more the activation methodology? No issue with the underlying tech or it's ramifications on the economics of bitcoin?
I knew much less about the incentives and workings of bitcoin at the time, and what effect ctv would have. I was concerned about recursive vaults, which jeremy said were impossible, but I felt that should be subject to scrutiny/debate before just accepting it. I really dont like the way some of these devs conduct themselves though, trying to ram something like ctv through when many of us had never even heard of it can only be met with resistance.
We need a conference or podcast circuit for new proposals, everyone should be hearing the best arguements from all sides.
Bitcoin.Review by nostr:nprofile1qqsw3znfr6vdnxrujezjrhlkqqjlvpcqx79ys7gcph9mkjjsy7zsgygprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqyvhwumn8ghj7ur4wfshv6tyvyhxummnw3ezumrpdejqz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcsq70d7 has had a couple of very good long-form discussions around CTV. Just finished the latest one this morning. Must listen while drinking coffee so you don't fall asleep.
Id be fine with opctv now that I know what its doing, I would just like to see more debate between that, op_return, and a new proposal that I heard about recently, I forget the name. I wish jeremy the best, I just wish I could coach devs a bit on how to talk to people LOL.
I'm sceptical because it is a slippery slope of loosing fungibility; and all applications of covenants (at least I'm aware of) are already possible without consensus changes. Prove me wrong
Can’t stop a transaction. A vault covenant can intercept a malicious transaction and sweep to predetermined address.