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Topic: Assurance contracts (Read 563 times)

sr. member
Activity: 461
Merit: 251
t2k
newbie
Activity: 1
Merit: 0
February 08, 2014, 12:45:00 AM
#1
I'm interested in the bitcoin Script language - looking for someone who can comment on the potential implementation of assurance contracts described here:

https://en.bitcoin.it/wiki/Contracts#Example_3:_Assurance_contracts

Is something like this possible on the bitcoin network today?

The simplest example I think everyone understands is the kickstarter model... People promise to contribute variable amounts of money until a total promised amount has been reached, at which point all the transactions go through.

Thanks!
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