Utilizing Third Keys and Arbitration in Smart Contracts for Unconfirmed Transactions

Kevin Loaec of wizardsardine joins me to talk about bitcoin security and vaults. We get into a discussion about: 

• Vaults and what’s possible today 
• Timelocking and using them as part of self custody
• Inheritance scenarios
• Business use cases
• Covenant soft forks

Links:

• X: @KLoaec
• X: @Wizardsardine
• X: @revaultdev
• Site: Wizardsardine  

Sponsors:

• Swan.com (code LIVERA)
• CoinKite.com (code LIVERA)
• Mempool.space

Stephan Livera links:

• Follow me on X: @stephanlivera
• Subscribe to the podcast
• Subscribe to Substack

Chapters:

• 00:00 - Intro
• 02:07 - Revault
• 08:07 - Liana
• 14:48 - Overview of Liana and Supported Hardware Wallets
• 25:17 - Managing Time Locks in Liana: Rotating Coins and Duration
• 29:47 - Coinkite.com
• 30:47 - Swan.com
• 32:09 - Mempool.space
• 33:10 - Self-Custody with Liana
• 37:26 - Understanding Revault and Liana
• 44:56 - Exploring Decaying and Expanding Multi-Signature
• 49:15 - RBF and CPFP in Liana Transactions
• 56:07 - Transaction Size in Liana
• 01:00:42 - The Debate on Covenants
• 01:05:37 - Enhancing Organization Security with Cosigners
• 01:09:30 - The Future of Self-Custody