TheRinger / escrow

Escrow contract to hold funds for a specified time and pay them out to the appropriate parties.

escrow

This contract facilitates an escrow contract between two counterparties. Uses an oracle contract in order to finalize the result.

Features

• Multiple escrow instances can occur at once
• People can participate in multiple at once
• Customizable contracts (amount contributed, time range, etc.)
• Ability to end the contract at any point
• One-way bet (set multipler to 0)

Assumptions

• The resolution of the bet is of type uint256 and can be called via a simple URL
• One addresses cannot be in multiple escrows of the same name at one time
• The entire balance for each counterparty must be included in one transaction from each party
• The multiplier must be >0.1
• If you want to change the parameters of an escrow contract, cancel the existing one first, then recreate another one

Future Features

• ERC20 compatibility
• Multiple type oracle returns and bets (string, addresses, etc.)
• Multiple parties per bet
• getURL return function (to test URL entry)

TODO

• Add tests
• Terms Of Use