[Bitcoin-development] [PULL] Add scriptPubKey enforced sendescrow and redeemescrow API calls

Mike Hearn mike at plan99.net
Wed Jun 22 13:24:36 UTC 2011

Thanks for writing this. It's great to see somebody run with the contracts

Your proposed protocol is simpler than the one I suggested, so I updated the
Contracts wiki page to use it. However your implementation, as pointed out
by Gavin, is too complicated. See my proposal on the wiki here:


I think you can just use an output script of


On Thu, Jun 16, 2011 at 6:53 AM, <bgroff at lavabit.com> wrote:

> I have a pull request here:
> https://github.com/bitcoin/bitcoin/pull/319
> >From the README:
>  Bitcoin "escrow" are coins that are under the control of multiple
>  parties.  The initial implementation allows n parties to vote, with
>  k good signatures needed (k <= n).
>  This eliminates single points of failure and reduces the trust required
>  in many transaction use cases.
> Use cases include Escrow (without trusting the escrow agent with the
> coins), immediate payment and funds locked with multi-party signatures.
> This was inspired by https://forum.bitcoin.org/index.php?topic=8821.0 and
> https://forum.bitcoin.org/index.php?topic=4723.msg68804 .
> Feedback on the pull is very much appreciated.
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