#388: OP_VAULT and Bitcoin Governance with James O'Beirne

Join Marty as he sits down with James O'Beirne to discuss the OP_VAULT proposal, the way Bitcoin Core is governed, and some bearish vibes. Follow James on Twitter 6:23 - Opening riff 9:45 - OP_VAULT 12:18 - Origins of covenants 16:02 - Further iterations and designing the best vault 21:18 - Explaining vaults 25:36 - UTXO batching 27:32 - Use cases 32:29 - Ideal UX 37:03 - Feedback on the opcode 42:22 - Zooming out on implications 43:47 - Back to mailing list feedback 45:48 - When is the BIP coming? 48:09 - Bitcoin core governance 55:55 - Bitcoin ossification 59:32 - How should governance change? 1:06:43 - New blood in Core project 1:10:04 - Bearish vibes 1:16:51 - Is there room for project managers? 1:20:13 - Supporting new developers 1:29:53 - Bearish again 1:32:17 - Back to OP_VAULT 1:37:30 - Plugs and closing riff Shoutout to our sponsors: Unchained Capital River TFTC Merch is Available: Shop Now Join the TFTC Movement: Main YT Channel Clips YT Channel Website Twitter Instagram Follow Marty Bent: Twitter Newsletter Podcast