Author: ZmnSCPxj 2019-08-08 00:27:32
Published on: 2019-08-08T00:27:32+00:00
In this context, Bryan is discussing the re-vaulting transaction process, which occurs during the setup of the delayed-spend transaction for the parent vault. If someone wants to prevent a coin withdrawal during the public observation delay period, they can broadcast the re-vaulting transaction, which spends the delayed-spend transaction outputs and places all coins back into a new identically-configured vault. This prevents the coins from being relinquished through the delayed-spend transaction timeout for hot wallet key signing. However, there may be a practical limit on the number of times a vault can be used for re-vaulting, as the transactions need to be signed in reverse order. The number of times that the vault setup function is run is the limit on the number of re-vaultings possible. ZmnSCPxj is seeking confirmation that this understanding is correct.
Updated on: 2023-06-13T20:49:47.722508+00:00