This transaction represents an entire year of my life.mempool.space/tx/9e5d8ccd8b3e214204bf06ca6fc84cf32dedaf607940a3e34b1709facb214172
According to mempool, it looks like a pretty boring transaction with nothing going on. But in secret, a lot of really fancy cryptography took place.
Specifically this contract was executed:
The contract was settled by the escrow agent asynchronously, without taking custody or interacting with the previous owner. Instead, the funds were deposited into a musig-based covenant transaction. And in the interim, the fate of a bitcoin in escrow was decided by a coin-flip.
With that, I'd like to announce that the BitEscrow beta program is officially launched.
There is still a lot of documentation that and other things that needs to be published, so please bear with me while I rush to get that done. We are in the middle of moving to a new office. A lot is going to be updated and released in the next few weeks.
Myself and Tristan have poured our hearts into this project, and it is a love-letter of sorts to Bitcoin and all the great people that make the magic-internet-money scene such a wonderful space.
Please feel free to check out the README.md at the link, if you are curious about the secret sauce behind the greatest escrow on the planet, backed by the hardest money every invented
ps: there's a lot of really great resources in there, for doing fun things such as taproot scripts and musig signatures (and putting bitcoin core through the ringer). Everything in there is open source.
pps: I tried to release this post the same time-of-day as the genesis block, but the fees are high and blocks are slow. the previous block took an hour fml 💀💀💀