Design Review Call #22: Revault

[ConorOkus]

Date: 2021-11-08
Time: 8:00am
Timezone: PDT (US east coast)
Duration: 1h
UTCTime: 2021-11-08 16:00 UTC

Agenda

Revault GUI

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[ConorOkus]

Notes

• Revault is designed to do enterprise multi-sig, as most large companies use custodians e.g Coinbase
• As a stakeholder, you want to ensure funds are moving in the right way and to the right places
• Looks like it will predominantly be used for large transactions (millions, billions)
• Stakeholders create vaults using one UTXO and sign a transaction, which under the hood is making multiple types of transactions cancel Tx, emergency Tx & unvault emergency Tx.
• We want the creation of a vault to be very simple and not require users to know the types of transactions being configured
• Much like we do with funding transactions when opening a channel on the lightning network.
• Coordinating signatures between multiple stakeholders can be difficult if the coordinator is not online! This could lead to some time delays. How would we communicate this to users?
• Want to get rid of the coin selection if possible.
• Do labels seem like they will be important here, contacts?
• Requires guidance on displaying complex information.

Figma File

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