Show HN: Bitcoin Smart Contracts – With Live Demo

https://medium.com/@hedgy/decoding-the-dna-of-derivatives-82dcdf052607

by WarPaul • 11 years ago

11 2 11 years ago

Rmilb• 11 years ago

This is very interesting. Right now Hedgy is the only option for a trusted third party oracle though. I'm not sure if this is a "real" smart contract... They are just a legal notary service and oracle for prices right now. Could this off blockchain? I think that would only require publicly posting every contract that is agreed, maybe obfuscating the identities.

They will be hashing legal agreements and adding that meta data to the bitcoin transaction so there is a permanent record of it.

Does anyone know of a real world example of a blockchain holding up in court? I know that www.proofofexistance.com does something similar with hashes of documents to prove it hasn't been tampered with. Used for wills and other documents that are traditionally notarized by a person and not a blockchain.

CatheryneN• 11 years ago

Go Hedgy!!

Show HN: Bitcoin Smart Contracts – With Live Demo

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