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Comment by gomox

Some simple use cases:

- a multisignature wallet, that requires more than one person to sign off on a transaction before it can happen.

- payment schedules or any kind of transaction that does not function exactly like a one time, full size payment (payments, debt, etc).

- more ambitious ideas, like the Slock.it ones, involve smart locks that hold funds while granting use to a resource, and only return them after access has been revoked

In all of the above the inputs are contained in the blockchain and therefore have no need for trusted oracles.

parent gomox 10 years ago

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