Author: Prayank 2021-11-30 01:47:31
Published on: 2021-11-30T01:47:31+00:00
The email discusses various aspects of the Revault and bitcoin network. The delegation process in Revault is analyzed, focusing on the application of spending policies by watchtowers that can enforce certain rules such as preventing Unvault outside of business hours. The potential privacy issues associated with watchtowers are also mentioned. The email then moves on to discuss the problem of ensuring confirmation at any feerate, which is not possible. The use of historical fee rates is also debated, with one person disagreeing that they should be used. The idea of fee-bumping and re-bumping is discussed, and the use of `estimatesmartfee` RPC is questioned due to its issues. The email also suggests the possibility of creating an insurance market using discreet log contracts with some trust assumptions and multi-oracles. Lastly, the email mentions an idea for creating an insurance project for the LGBTQ community in India and shares a link to a presentation by Jack Mallers on creating derivatives for users to hedge fees.
Updated on: 2023-06-15T03:10:46.418673+00:00