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100 sats \ 2 replies \ @Tristan OP 13 Apr \ on: New BitEscrow landing page bitcoin
Hey everyone,
We’re preparing for our launch fairly soon, which will include
  • our API
  • app
  • agents
  • SDKs
  • white paper
  • website
  • dev playground
And much more. I wanted to do a quick redesign and freshen things up a bit before the big release - we have a huge secret project underway that the world is going to love, and grandma will definitely use.
Stay tuned
write
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10 sats \ 1 reply \ @nym 13 Apr
Does this use DLCs?
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7 sats \ 0 replies \ @BlueSlime 13 Apr
Sort of, but not really. 😁
BitEscrow uses a covenant to lock funds to a limited set of outputs that the escrow agent can choose from. The covenant is tweaked with the contract terms, which the agent must sign in agreement to spend an output.
In contrast, a DLC will set up a similar covenant with limited set of outputs, and the "oracle" spends the covenant by signing a particular message.
Both methods use similar cryptography, but the strategy and tradeoffs are different.
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