brighton36 / opidoki

A rails application to facilitate easy GUI-based oracle broadcasts for the muggles #bcbhack

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opidoki

A rails application to facilitate easy GUI-based oracle broadcasts for the muggles. #bcbhack

Party On Greek Oracles

Synopsis

This rails app is intended to provide a slick gui for broadcasting truth, onto the Bitcoin blockchain with Counterparty. "Truth" is determined by opening web browser and a url, at a defined time, and executing supplied javascript (or a regex) against the loaded page. The return value (or true/false) is broadcast onto the network and is then available for use for resolving smart contracts, or bets. Once defined in opidoki, can be matched by anyone with a Counterparty wallet, via the Counterparty GUI. It's conceivable that in the future, simple counterparty url schemes could be provided to provide one-click decentralized financial positions.

The opidoki server itself has no 'knowledge' or culpability for the outcomes of it's broadcasts for all the same reasons that the pages it reads have no culpability. By utilizing the Counterparty and Bitcoin networks, counterparty risk for all participants is nil, and regulatory encumbrances are unenforceable, and moot.

##Party On! Lose your center. Free your mind. Fight for your right to party! Serious Business

About

A rails application to facilitate easy GUI-based oracle broadcasts for the muggles #bcbhack


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Language:JavaScript 49.7%Language:Ruby 34.6%Language:CSS 14.3%Language:CoffeeScript 1.4%