Sigbash: Covenant-Like Policies on Bitcoin Without a Soft Fork with Arbedout | SLP737
Sigbash: Covenant-Like Policies on Bitcoin Without a Soft Fork with Arbedout | SLP737  
Podcast: Stephan Livera Podcast
Published On: Sat May 23 2026
Description: In this episode, Stephan sits down with Arbedout to explore one of the most debated technical topics in Bitcoin today: covenants, vaults, and the future of Bitcoin custody infrastructure.They discuss why many people may be misunderstanding where the real demand for covenants comes from, and how covenant-related features could improve Bitcoin self-custody through vaults, spending limits, recovery mechanisms, and more secure long-term storage setups.The conversation also explores Bitcoin adoption, conviction, long-term store of value dynamics, and the psychological challenges of holding Bitcoin through volatility.Timestamp:(00:00) – The privacy problem with co-signing today(03:25) – What does Sigbash allow us to do?(08:15) – What is Oblivious Signing? (12:20) – Privacy, Regulation, and Reducing Multisig Honeypot Risks(15:10) - What does Sigbash use look like in practice? Inheritance, Vaults, and Multisig(19:50) - Can the server grief the user?(21:10) – Mobile Wallets, Assisted Self-Custody, and NeoBank Possibilities(25:50) - Sigbash project and product(28:29) – Sigbash vs PIPES vs BinoHash Explained(33:01) – Covenant Demand, Bitcoin Security, and the Future of Self-Custody(36:33) – Closing ThoughtsLinks: https://sigbash.com/https://x.com/arbedoutStephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack