Bitcoin smart contracts an open-source framwork for Orisi – Bitcoints

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Published on July 25th, 2015 | by bitcoin

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Bitcoin smart contracts an open-source framwork for Orisi

Bitcoin smart contracts an open-source framwork for OrisiOrisi will allow for external inputs (like weather, prices, websites or murk workers) in smart contracts.

The nodes’ addresses and information is listed at http://oracles.li/ The oracles right now support just one command – a “timelock”.

It allows you to lock BTC funds on a multisig address for a period of time selected by you.
The funds get unlocked only with both your signature, and signatures of above 51% of oracles you selected.

Oracles will sign deliver their signatures once the time is up, and they have no way of running away with funds.

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