BR023 - OP_VAULT for Bitcoin Covenants Panel ft. James O'Beirne, Rijndael, Antoine Poinsot & Carman
Bitcoin.Review Podcast with NVK & Guests
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What Is Up Vault?
Up vault is a way to lock up your coins in such a way that if you want to spend those coins, you have to navigate through this delay period. You can sweep it at any time before that final withdrawal to a pre-specified what I call recovery path. So for example, if somebody tries to send more,. the coins are going to simply go somewhere else, right? That's kind of like how you take your money back in case it gets stolen.
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