Post
Topic
Board Bitcoin Discussion
Re: @RogerVer lets make a deal. At least 60k, my BTU for your BTC.
by
jl2012
on 22/03/2017, 07:58:51 UTC
Reddit seems to have caught that post in a spam filter, it shows up when I'm logged in. I lost the password to my other reddit account.

60K is personal holdings, possibly up to an additional 70K in client funds depending on their sentiment, which pretty strongly leans Core.

Escrow wise, I would hope someone could come up with an atomic swap method.

No split, no transaction. If there is a split, I'd love to double up.

Step 1: Roger will generate a secret random value

Step 2: On the original chain, Roger will send 60000 tokens to the following P2SH address:
Code:
IF <100> CSV DROP ELSE HASH256 EQUALVERIFY ENDIF CHECKSIG

Step 3: When the tx in step 2 is sufficiently confirmed (number of blocks to be determined), Loaded will send 60000 BTU tokens to the following P2SH address:
Code:
IF <10> CSV DROP ELSE HASH256 EQUALVERIFY ENDIF CHECKSIG

Step 4: If Roger is satisfied with the transaction of step 3, he will collect 60000 BTU with the following signature (in not more than 10 blocks of time)
Code:
0

Step 5: Loaded will collect 60000 original BTC tokens with the following signature
Code:
0

---------

In case Loaded failed to do step 3, Roger will be able to get his BTC back after 100 BTC blocks

In case Roger failed to do step 4, Loaded will be able to get his BTU back after 10 BTU blocks

You'd better try this on testnet before using real money