Where are contracts used in the real world

Question

I'd be interested to see some examples of Bitcoin contracts used right now.

Websites that provide escrow services.
Smart properties.
Trading of contracts.
Oracles.

Or are they not really in use right now?

There's a system of distributed oracles that launched last month - http://oracles.li/ , with a whitepaper available here: https://github.com/orisi/wiki/wiki/Orisi-White-Paper . Right now the test oracles allow for timelocking bitcoins, and there are other transaction / contract types coming soon, hopefully. — kolinko, Jun 23 '14 at 17:44

Dust · Accepted Answer · 2013-12-03T20:48:33.937

4

Gregory Maxwell, Pieter Wuille, and theymos are using a 2-of-3 address to store a bounty for contributions to CoinJoin.

https://bitcointalk.org/index.php?topic=279249.msg2983911#msg2983911

Update: A 2-of-3 escrow and arbitration site recently launched: https://www.bitrated.com/

edited Dec 03 '13 at 20:48

answered Dec 03 '13 at 04:14

Dust

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https://bitgo.com/ is another one. I have an account with them but haven't transferred anything yet. – David Silva Smith Dec 04 '13 at 17:32

score 1 · Answer 2 · answered Dec 03 '13 at 17:49

I don't know of any that implement the advanced features in the protocol. But I do know of two sites that make it easier to do escrow transactions with 2 of 2 secrets:

www.bitescrow.org/

http://www.bit2factor.org/

There was also a bounty on the forums for an easy to use n of m escrow application that emailed all parties involved their secrets:

https://bitcointalk.org/index.php?topic=294606.0

Where are contracts used in the real world

2 Answers2