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nadams 2017-05-18 12:11:06 -07:00
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@ -528,7 +528,7 @@ Using this construct, we can build redeem scripts with tens or hundreds of execu
((("transactions", "advanced", "example")))((("scripting", "complex script example", id="Scomplex07")))In this section we combine many of the concepts from this chapter into a single example. ((("transactions", "advanced", "example")))((("scripting", "complex script example", id="Scomplex07")))In this section we combine many of the concepts from this chapter into a single example.
((("import/export use case")))((("use cases", "import/export")))Our example uses the story of Mohammed, the company owner in Dubai who is operating an import/export business. ((("import/export use case")))((("use cases", "import/export", id="mohamseventwo")))Our example uses the story of Mohammed, the company owner in Dubai who is operating an import/export business.
((("transactions", "advanced", "multisignature scripts")))((("scripting", "multisignature scripts", "import/export example")))((("multisignature scripts")))In this example, Mohammed wishes to construct a company capital account with flexible rules. The scheme he creates requires different levels of authorization depending on timelocks. The participants in the multisig scheme are Mohammed, his two partners Saeed and Zaira, and their company lawyer Abdul. The three partners make decisions based on a majority rule, so two of the three must agree. However, in the case of a problem with their keys, they want their lawyer to be able to recover the funds with one of the three partner signatures. Finally, if all partners are unavailable or incapacitated for a while, they want the lawyer to be able to manage the account directly. ((("transactions", "advanced", "multisignature scripts")))((("scripting", "multisignature scripts", "import/export example")))((("multisignature scripts")))In this example, Mohammed wishes to construct a company capital account with flexible rules. The scheme he creates requires different levels of authorization depending on timelocks. The participants in the multisig scheme are Mohammed, his two partners Saeed and Zaira, and their company lawyer Abdul. The three partners make decisions based on a majority rule, so two of the three must agree. However, in the case of a problem with their keys, they want their lawyer to be able to recover the funds with one of the three partner signatures. Finally, if all partners are unavailable or incapacitated for a while, they want the lawyer to be able to manage the account directly.
@ -597,4 +597,4 @@ A few more things to consider when reading this example. See if you can find the
* How do the partners "reset" the clock every 29 or 89 days to prevent the lawyer from accessing the funds? * How do the partners "reset" the clock every 29 or 89 days to prevent the lawyer from accessing the funds?
* Why do some +CHECKSIG+ opcodes in this script have the +VERIFY+ suffix while others don't?((("", startref="Tadv07")))((("", startref="Scomplex07"))) * Why do some +CHECKSIG+ opcodes in this script have the +VERIFY+ suffix while others don't?((("", startref="Tadv07")))((("", startref="Scomplex07")))((("", startref="mohamseventwo")))