pull down to refresh

112 sats \ 2 replies \ @standard_sats 20 Oct \ on: The BitVault B-SSL vault proposal doesn't make any sense bitcoin
It makes sense to me. But then at the VC scale, it does not. Nonetheless they've raised money.
write
preview
10 sats \ 1 reply \ @Scoresby OP 20 Oct
Can you explain why you would use CSV time locks in this way? Like walk me through the flow of sending coins into the vault and then pulling them out.
reply
0 sats \ 0 replies \ @standard_sats 26 Oct
Bitcoin is a notification layer in their setup. So high value transaction may have additional options for cancelation like in Valet ♦️ which uses RBF also for canceling onchain transaction. If you assumed that you have sent coins to a friend and it was low fee transaction, you may revert it after realizing that you got scammed.
I have had such case with BitBox in the past. I could have canceled the transaction . Hello @bitbox, when full rbf support.
reply