Here is a summary of the on chain futures contract: For anyone who thinks BIP 444 will activate, I will happily offer you an ability to make more bitcoin. We each deposit 1 BTC into a taproot address with two spending conditions: 1. Time locked so that you can withdraw June 1st next year at a depth of 1 in the tap tree. 2. Time locked so I can withdraw May 1st next year at a depth of 128 in the tap tree. If BIP444 activates, you get 2 BTC out of the address (because my spend path would be consensus invalid). If BIP444 does not activate, I get 2BTC out of the address. DMs are open, we can use a dedicated escrow agent as third key if necessary, would obviously provide auditable code to show there are no tricks. We can also atomically fund the transaction using a multi input transaction into this taproot address to guarantee all parties fund the address.

Replies (3)

Marcus Satbard's avatar
Marcus Satbard 2 months ago
Will you share the code/instructions so that others can also challenge #444clowns from their circles?
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