Stephan Livera Podcast Revault, Liana, self custody and bitcoin inheritance with Kevin Loaec SLP563
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Apr 12, 2024 Bitcoin security expert Kevin Loaec discusses vaults, self custody, and inheritance scenarios. Topics include using time locks, business use cases, covenant soft forks, utilizing ReVault and Liana products for enhanced security, managing time locks in Liana, exploring multi-signature setups, and debates around covenants and organization security.
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Practical Vaults Without Covenants
- Revault implements a practical vault architecture that works on Bitcoin today without waiting for covenants.
- It avoids pre-computing exact amounts and lets users send arbitrary amounts while enforcing on-chain policies.
No Precomputed Amounts Needed
- Revault differs from prior vault designs by avoiding pre-computation of transaction amounts.
- That makes it practical because users can send arbitrary amounts while still being protected by the design.
Pick Vault Or Recovery Based On Risk
- Use ReVault for theft deterrence and Liana for recovery redundancy depending on your priority.
- Choose ReVault when you need on-chain policy enforcement and Liana when you prioritise loss protection and backups.