SegWit 2x Hard Fork bet
Parties to the bet: awemany (henceforth BB), FIXME (henceforth SB)
Arbiter: @Norway, FIXME(?)
Resolution by: Dec 2nd, 2017
Bet amount: 2.5BTC from each party
Conditions:
BB wins the bet if the Bitcoin blockchain with the largest
cumulative SHA256^2 hashing done since the genesis block
will contain a block of size larger than 1000000 (1 Million) Bytes
(excluding SegWit witness data) on Dec 1st, 2017 00:00 UTC,
as measured by the block time stamp closest to, but
before this date.
Otherwise, SB wins the bet.
Payment:
Whoever wins the bet is paid out the sum of all coins in the bet
on all chains of non-trivial value that result from any fork
of the current Bitcoin blockchain, minus a 1% commission fee per chain.
The 1% commission fee goes to bitco.in user @Norway, full
name FIXME, who is also the arbiter of the bet.
If all parties agree, the bet can be resolved early.
BB pays an amount of 2.5 BTC to address FIXME and
SB pays an amount of 2.5 BTC to address FIXME.
These addresses are under control of arbiter @Norway.
@Norway will additionally provide two time-locked transactions to each bet party
that will pay their respective amount back, should he not be
able to resolve the bet within time. The time locks expire sometime within
2018, at @Norway's discretion.
On the majority hash power chain, payout for BB will happen to address FIXME and payout to SB will happen to address FIXME.
Signed, SB, BB, @Norway (signatures here)
@Norway, is a 1% comission good enough for you?
@Peter R. any loopholes? Do you also have just one arbiter, dooglus?
(took some minor inspiration from you and RHavar's bet)
Parties to the bet: awemany (henceforth BB), FIXME (henceforth SB)
Arbiter: @Norway, FIXME(?)
Resolution by: Dec 2nd, 2017
Bet amount: 2.5BTC from each party
Conditions:
BB wins the bet if the Bitcoin blockchain with the largest
cumulative SHA256^2 hashing done since the genesis block
will contain a block of size larger than 1000000 (1 Million) Bytes
(excluding SegWit witness data) on Dec 1st, 2017 00:00 UTC,
as measured by the block time stamp closest to, but
before this date.
Otherwise, SB wins the bet.
Payment:
Whoever wins the bet is paid out the sum of all coins in the bet
on all chains of non-trivial value that result from any fork
of the current Bitcoin blockchain, minus a 1% commission fee per chain.
The 1% commission fee goes to bitco.in user @Norway, full
name FIXME, who is also the arbiter of the bet.
If all parties agree, the bet can be resolved early.
BB pays an amount of 2.5 BTC to address FIXME and
SB pays an amount of 2.5 BTC to address FIXME.
These addresses are under control of arbiter @Norway.
@Norway will additionally provide two time-locked transactions to each bet party
that will pay their respective amount back, should he not be
able to resolve the bet within time. The time locks expire sometime within
2018, at @Norway's discretion.
On the majority hash power chain, payout for BB will happen to address FIXME and payout to SB will happen to address FIXME.
Signed, SB, BB, @Norway (signatures here)
@Norway, is a 1% comission good enough for you?
@Peter R. any loopholes? Do you also have just one arbiter, dooglus?
(took some minor inspiration from you and RHavar's bet)
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