HOME - SUREDBITS

Founder. Chris has been involved in the cryptocurrency industry since 2013. He founded Suredbits in 2015 and was a member of Boost VC’s first crypto accelerator cohort. Chris has integrated bitcoin-s into some of the top cryptocurrency exchanges in the world. In his free time he contributes to bitcoin core, the backbone of the bitcoin

network.

BLOG - SUREDBITS

Multi-Oracle DLC Deep Dive. March 29, 2021. No Comments. A couple weeks ago, we announced that we had successfully executed a DLC on-chain using oracles Bitfinex, Pierre Rochard and Suredbits. In this post, we will be diving into the details of how multi-oracle DLCs are

accomplished.

SUREDBITS API REFERENCE Thank you and welcome to Suredbits' Lightning App API documentation. This API allows you to query our NFL, NBA and Crypto Exchange data. Our NFL and NBA APIs offer multiple channels including teams, players, games, scores, and statistics. Our Crypto Exchange API allows you to stream data on Trades, Tickers and Order Books. WELCOME TO SUREDBITS' DLC WEBAPP 3. View Announcement. LaLiLuLeLo. (Hypothetical Event) Location of the first meteorite to land on Earth between now and start of 2022. 2022-01-01 00:00:00. View Announcement. benthecarman. Days until Suez Canal is unblocked, starting on 3/25. 2021-03-27 00:00:00. LIGHTNING 101: LIGHTNING NETWORK FEES 2,000 + (10,000 * 0.01) = 2,100 satoshis. You can see in this example, the base fee ended up being the most expensive part of our fee for the market data subscription. If we were to assume Suredbits was charging 1,000,000 satoshis for their market data subscription, our Lightning network fee would be. 2,000 + (1,000,000 * 0.01) = 12,000 satoshis. DISCREET LOG CONTRACTS PART 2: HOW THEY WORK [OLD NON Discreet Log Contracts Part 2: How They Work In our last Discreet Log Contract post, we explored the problems faced by most existing smart contracts as well as what Discrete Log Contracts (DLCs) are at a high level. In this post we will detail what exactly what it takes to execute a DLC as well as the many benefits we BITCOIN VS LIGHTNING FEES VIEW EVENT - SUREDBITS

Event Hash:

0b06a68d1b8697b0be79ff0f5a2c5b36f2592936d97a45cb5f1f0a3a21e9b4a3 This is the oracle announcement that should be shared with your counterparty in the DLC VIEW EVENT - SUREDBITS

Event Hash:

1cf50af665eae26931696f435f73bdb4f3097e40cf398407fcedf0a8edc3810b This is the oracle announcement that should be shared with your counterparty in the DLC VIEW EVENT - TEST.ORACLE.SUREDBITS.COM

Event Hash:

c62951c4725e6c2596c38cbfefdfed1576cdda3a9dd1a53572015ab1d67df693 This is the oracle announcement that should be shared with your counterparty in the DLC

HOME - SUREDBITS

Founder. Chris has been involved in the cryptocurrency industry since 2013. He founded Suredbits in 2015 and was a member of Boost VC’s first crypto accelerator cohort. Chris has integrated bitcoin-s into some of the top cryptocurrency exchanges in the world. In his free time he contributes to bitcoin core, the backbone of the bitcoin

network.

BLOG - SUREDBITS

Multi-Oracle DLC Deep Dive. March 29, 2021. No Comments. A couple weeks ago, we announced that we had successfully executed a DLC on-chain using oracles Bitfinex, Pierre Rochard and Suredbits. In this post, we will be diving into the details of how multi-oracle DLCs are

accomplished.

SUREDBITS API REFERENCE Thank you and welcome to Suredbits' Lightning App API documentation. This API allows you to query our NFL, NBA and Crypto Exchange data. Our NFL and NBA APIs offer multiple channels including teams, players, games, scores, and statistics. Our Crypto Exchange API allows you to stream data on Trades, Tickers and Order Books. WELCOME TO SUREDBITS' DLC WEBAPP 3. View Announcement. LaLiLuLeLo. (Hypothetical Event) Location of the first meteorite to land on Earth between now and start of 2022. 2022-01-01 00:00:00. View Announcement. benthecarman. Days until Suez Canal is unblocked, starting on 3/25. 2021-03-27 00:00:00. LIGHTNING 101: LIGHTNING NETWORK FEES 2,000 + (10,000 * 0.01) = 2,100 satoshis. You can see in this example, the base fee ended up being the most expensive part of our fee for the market data subscription. If we were to assume Suredbits was charging 1,000,000 satoshis for their market data subscription, our Lightning network fee would be. 2,000 + (1,000,000 * 0.01) = 12,000 satoshis. DISCREET LOG CONTRACTS PART 2: HOW THEY WORK [OLD NON Discreet Log Contracts Part 2: How They Work In our last Discreet Log Contract post, we explored the problems faced by most existing smart contracts as well as what Discrete Log Contracts (DLCs) are at a high level. In this post we will detail what exactly what it takes to execute a DLC as well as the many benefits we BITCOIN VS LIGHTNING FEES VIEW EVENT - SUREDBITS

Event Hash:

0b06a68d1b8697b0be79ff0f5a2c5b36f2592936d97a45cb5f1f0a3a21e9b4a3 This is the oracle announcement that should be shared with your counterparty in the DLC VIEW EVENT - SUREDBITS

Event Hash:

1cf50af665eae26931696f435f73bdb4f3097e40cf398407fcedf0a8edc3810b This is the oracle announcement that should be shared with your counterparty in the DLC VIEW EVENT - TEST.ORACLE.SUREDBITS.COM

Event Hash:

c62951c4725e6c2596c38cbfefdfed1576cdda3a9dd1a53572015ab1d67df693 This is the oracle announcement that should be shared with your counterparty in the DLC SETTLEMENT OF FIRST MULTI-ORACLE DLC Settlement of First Multi-Oracle DLC. On March 11, 2021, Ben and I (Nadav) entered into a Discreet Log Contract on the bitcoin blockchain using a multi-oracle DLC. The oracles used were Bitfinex, Pierre Rochard and Suredbits. For the DLC to settle, 2 out of the 3 oracles had to attest to consistent BTC prices at maturity. DISCREET LOG CONTRACTS ARCHIVES Release of Suredbits Oracle Explorer and Krystal Bull. February 23, 2021. No Comments. For the past year, the team at Suredbits has been diligently working on Discreet Log Contracts (DLCs) . DLCs are a new technology that enables non-custodial bitcoin-settled derivatives. It is important to understand how this is accomplished. MULTI-ORACLE DLC DEEP DIVE Multi-Oracle DLC Deep Dive. posted by Nadav Kohen. March 29, 2021. No Comments. A couple weeks ago, we announced that we had successfully executed a DLC on-chain using oracles Bitfinex, Pierre Rochard and Suredbits. In this post, we will be diving into the details of how multi-oracle DLCs are accomplished. Before we dive into a discussion

about

CRYPTO HEDGING WITH DISCREET LOG CONTRACTS As we have written previously, Discreet Log Contracts (DLCs) can offer some novel opportunities for hedging risk unique to the crypto economy. Specifically, for mining operations and block fees. A Discreet Log Contract is a “simple” oracle contract scheme proposed by Tadge Dryja of MIT. DLCs can be executed using almost any

blockchain

DISCREET LOG CONTRACTS PART 1: WHAT IS A Previously we have analyzed Discreet Log Contracts (DLCs) at a high level and briefly walked through a specific contract executed between Blockstream and Crypto Garage.In this series we will be delving further into DLCs, looking at what they are, how they work, their security model, trust model and some of their benefits. DISCREET LOG CONTRACTS PART 2: HOW THEY WORK [ADAPTOR Discreet Log Contracts Part 2: How They Work In our last Discreet Log Contract post, we explored the problems faced by most existing smart contracts as well as what Discrete Log Contracts (DLCs) are at a high level. In this post we will detail what exactly what it takes to execute a DLC as well as the many benefits we reap

for

SCHNORR APPLICATIONS: MUSIG MuSig is a Schnorr multi-signature scheme proposed by Maxwell, Poelstra, Seurin, and Wuille in this paper. A multi-signature scheme, as the name suggests, entails a set of multiple signing keys (X1, X2, , Xn) which all collaboratively generate a signature for a message. Given any normal signature scheme (such as Schnorr or ECDSA), the RESOURCES - ORACLE.SUREDBITS.COM Search. Resources. Suredbits Slack; DLC telegram; Oracle Tutorial VIEW EVENT - SUREDBITS

Event Hash:

0b06a68d1b8697b0be79ff0f5a2c5b36f2592936d97a45cb5f1f0a3a21e9b4a3 This is the oracle announcement that should be shared with your counterparty in the DLC VIEW EVENT - SUREDBITS

Event Hash:

1985a5e99a8c28a402b58c0c58cbf86bd66a0db850aafc7674f7226d5ce82fde This is the oracle announcement that should be shared with your counterparty in the DLC

HOME - SUREDBITS

Founder. Chris has been involved in the cryptocurrency industry since 2013. He founded Suredbits in 2015 and was a member of Boost VC’s first crypto accelerator cohort. Chris has integrated bitcoin-s into some of the top cryptocurrency exchanges in the world. In his free time he contributes to bitcoin core, the backbone of the bitcoin

network.

BLOG - SUREDBITS

Multi-Oracle DLC Deep Dive. March 29, 2021. No Comments. A couple weeks ago, we announced that we had successfully executed a DLC on-chain using oracles Bitfinex, Pierre Rochard and Suredbits. In this post, we will be diving into the details of how multi-oracle DLCs are

accomplished.

SUREDBITS API REFERENCE Thank you and welcome to Suredbits' Lightning App API documentation. This API allows you to query our NFL, NBA and Crypto Exchange data. Our NFL and NBA APIs offer multiple channels including teams, players, games, scores, and statistics. Our Crypto Exchange API allows you to stream data on Trades, Tickers and Order Books. WELCOME TO SUREDBITS' DLC WEBAPP 3. View Announcement. LaLiLuLeLo. (Hypothetical Event) Location of the first meteorite to land on Earth between now and start of 2022. 2022-01-01 00:00:00. View Announcement. benthecarman. Days until Suez Canal is unblocked, starting on 3/25. 2021-03-27 00:00:00. LIGHTNING 101: LIGHTNING NETWORK FEES 2,000 + (10,000 * 0.01) = 2,100 satoshis. You can see in this example, the base fee ended up being the most expensive part of our fee for the market data subscription. If we were to assume Suredbits was charging 1,000,000 satoshis for their market data subscription, our Lightning network fee would be. 2,000 + (1,000,000 * 0.01) = 12,000 satoshis. CRYPTO HEDGING WITH DISCREET LOG CONTRACTS As we have written previously, Discreet Log Contracts (DLCs) can offer some novel opportunities for hedging risk unique to the crypto economy. Specifically, for mining operations and block fees. A Discreet Log Contract is a “simple” oracle contract scheme proposed by Tadge Dryja of MIT. DLCs can be executed using almost any

blockchain

BITCOIN VS LIGHTNING FEES DISCREET LOG CONTRACTS PART 2: HOW THEY WORK [OLD NON Discreet Log Contracts Part 2: How They Work In our last Discreet Log Contract post, we explored the problems faced by most existing smart contracts as well as what Discrete Log Contracts (DLCs) are at a high level. In this post we will detail what exactly what it takes to execute a DLC as well as the many benefits we VIEW EVENT - SUREDBITS

Event Hash:

1cf50af665eae26931696f435f73bdb4f3097e40cf398407fcedf0a8edc3810b This is the oracle announcement that should be shared with your counterparty in the DLC VIEW EVENT - ORACLE.SUREDBITS.COM

Event Hash:

0b06a68d1b8697b0be79ff0f5a2c5b36f2592936d97a45cb5f1f0a3a21e9b4a3 This is the oracle announcement that should be shared with your counterparty in the DLC

HOME - SUREDBITS

Founder. Chris has been involved in the cryptocurrency industry since 2013. He founded Suredbits in 2015 and was a member of Boost VC’s first crypto accelerator cohort. Chris has integrated bitcoin-s into some of the top cryptocurrency exchanges in the world. In his free time he contributes to bitcoin core, the backbone of the bitcoin

network.

BLOG - SUREDBITS

Multi-Oracle DLC Deep Dive. March 29, 2021. No Comments. A couple weeks ago, we announced that we had successfully executed a DLC on-chain using oracles Bitfinex, Pierre Rochard and Suredbits. In this post, we will be diving into the details of how multi-oracle DLCs are

accomplished.

SUREDBITS API REFERENCE Thank you and welcome to Suredbits' Lightning App API documentation. This API allows you to query our NFL, NBA and Crypto Exchange data. Our NFL and NBA APIs offer multiple channels including teams, players, games, scores, and statistics. Our Crypto Exchange API allows you to stream data on Trades, Tickers and Order Books. WELCOME TO SUREDBITS' DLC WEBAPP 3. View Announcement. LaLiLuLeLo. (Hypothetical Event) Location of the first meteorite to land on Earth between now and start of 2022. 2022-01-01 00:00:00. View Announcement. benthecarman. Days until Suez Canal is unblocked, starting on 3/25. 2021-03-27 00:00:00. LIGHTNING 101: LIGHTNING NETWORK FEES 2,000 + (10,000 * 0.01) = 2,100 satoshis. You can see in this example, the base fee ended up being the most expensive part of our fee for the market data subscription. If we were to assume Suredbits was charging 1,000,000 satoshis for their market data subscription, our Lightning network fee would be. 2,000 + (1,000,000 * 0.01) = 12,000 satoshis. CRYPTO HEDGING WITH DISCREET LOG CONTRACTS As we have written previously, Discreet Log Contracts (DLCs) can offer some novel opportunities for hedging risk unique to the crypto economy. Specifically, for mining operations and block fees. A Discreet Log Contract is a “simple” oracle contract scheme proposed by Tadge Dryja of MIT. DLCs can be executed using almost any

blockchain

BITCOIN VS LIGHTNING FEES DISCREET LOG CONTRACTS PART 2: HOW THEY WORK [OLD NON Discreet Log Contracts Part 2: How They Work In our last Discreet Log Contract post, we explored the problems faced by most existing smart contracts as well as what Discrete Log Contracts (DLCs) are at a high level. In this post we will detail what exactly what it takes to execute a DLC as well as the many benefits we VIEW EVENT - SUREDBITS

Event Hash:

1cf50af665eae26931696f435f73bdb4f3097e40cf398407fcedf0a8edc3810b This is the oracle announcement that should be shared with your counterparty in the DLC VIEW EVENT - ORACLE.SUREDBITS.COM

Event Hash:

0b06a68d1b8697b0be79ff0f5a2c5b36f2592936d97a45cb5f1f0a3a21e9b4a3 This is the oracle announcement that should be shared with your counterparty in the DLC MULTI-ORACLE DLC DEEP DIVE Multi-Oracle DLC Deep Dive. posted by Nadav Kohen. March 29, 2021. No Comments. A couple weeks ago, we announced that we had successfully executed a DLC on-chain using oracles Bitfinex, Pierre Rochard and Suredbits. In this post, we will be diving into the details of how multi-oracle DLCs are accomplished. Before we dive into a discussion

about

DISCREET LOG CONTRACTS ARCHIVES Release of Suredbits Oracle Explorer and Krystal Bull. February 23, 2021. No Comments. For the past year, the team at Suredbits has been diligently working on Discreet Log Contracts (DLCs) . DLCs are a new technology that enables non-custodial bitcoin-settled derivatives. It is important to understand how this is accomplished. WELCOME TO SUREDBITS' DLC WEBAPP 3. View Announcement. LaLiLuLeLo. (Hypothetical Event) Location of the first meteorite to land on Earth between now and start of 2022. 2022-01-01 00:00:00. View Announcement. benthecarman. Days until Suez Canal is unblocked, starting on 3/25. 2021-03-27 00:00:00. CRYPTO HEDGING WITH DISCREET LOG CONTRACTS As we have written previously, Discreet Log Contracts (DLCs) can offer some novel opportunities for hedging risk unique to the crypto economy. Specifically, for mining operations and block fees. A Discreet Log Contract is a “simple” oracle contract scheme proposed by Tadge Dryja of MIT. DLCs can be executed using almost any

blockchain

DISCREET LOG CONTRACTS PART 1: WHAT IS A Previously we have analyzed Discreet Log Contracts (DLCs) at a high level and briefly walked through a specific contract executed between Blockstream and Crypto Garage.In this series we will be delving further into DLCs, looking at what they are, how they work, their security model, trust model and some of their benefits. SCHNORR APPLICATIONS: MUSIG MuSig is a Schnorr multi-signature scheme proposed by Maxwell, Poelstra, Seurin, and Wuille in this paper. A multi-signature scheme, as the name suggests, entails a set of multiple signing keys (X1, X2, , Xn) which all collaboratively generate a signature for a message. Given any normal signature scheme (such as Schnorr or ECDSA), the SUREDBITS API PLAYGROUND No messages received yet. Connect to an API by using the dropdown menu, and then click "connect". All received messages from the API

will appear here.

RESOURCES - ORACLE.SUREDBITS.COM Search. Resources. Suredbits Slack; DLC telegram; Oracle Tutorial VIEW EVENT - SUREDBITS

Event Hash:

1985a5e99a8c28a402b58c0c58cbf86bd66a0db850aafc7674f7226d5ce82fde This is the oracle announcement that should be shared with your counterparty in the DLC VIEW EVENT - ORACLE.SUREDBITS.COM

Event Hash:

19cb7eb89e141ba1fa0db9f942c7b508528553055f97e1114d0a45887c642b5c This is the oracle announcement that should be shared with your counterparty in the DLC

HOME - SUREDBITS

Founder. Chris has been involved in the cryptocurrency industry since 2013. He founded Suredbits in 2015 and was a member of Boost VC’s first crypto accelerator cohort. Chris has integrated bitcoin-s into some of the top cryptocurrency exchanges in the world. In his free time he contributes to bitcoin core, the backbone of the bitcoin

network.

BLOG - SUREDBITS

Multi-Oracle DLC Deep Dive. March 29, 2021. No Comments. A couple weeks ago, we announced that we had successfully executed a DLC on-chain using oracles Bitfinex, Pierre Rochard and Suredbits. In this post, we will be diving into the details of how multi-oracle DLCs are

accomplished.

WELCOME TO SUREDBITS' DLC WEBAPP 3. View Announcement. LaLiLuLeLo. (Hypothetical Event) Location of the first meteorite to land on Earth between now and start of 2022. 2022-01-01 00:00:00. View Announcement. benthecarman. Days until Suez Canal is unblocked, starting on 3/25. 2021-03-27 00:00:00. DISCREET LOG CONTRACTS ARCHIVES Release of Suredbits Oracle Explorer and Krystal Bull. February 23, 2021. No Comments. For the past year, the team at Suredbits has been diligently working on Discreet Log Contracts (DLCs) . DLCs are a new technology that enables non-custodial bitcoin-settled derivatives. It is important to understand how this is accomplished. SUREDBITS API REFERENCE Thank you and welcome to Suredbits' Lightning App API documentation. This API allows you to query our NFL, NBA and Crypto Exchange data. Our NFL and NBA APIs offer multiple channels including teams, players, games, scores, and statistics. Our Crypto Exchange API allows you to stream data on Trades, Tickers and Order Books. CRYPTO HEDGING WITH DISCREET LOG CONTRACTS As we have written previously, Discreet Log Contracts (DLCs) can offer some novel opportunities for hedging risk unique to the crypto economy. Specifically, for mining operations and block fees. A Discreet Log Contract is a “simple” oracle contract scheme proposed by Tadge Dryja of MIT. DLCs can be executed using almost any

blockchain

DISCREET LOG CONTRACTS PART 2: HOW THEY WORK [OLD NON Discreet Log Contracts Part 2: How They Work In our last Discreet Log Contract post, we explored the problems faced by most existing smart contracts as well as what Discrete Log Contracts (DLCs) are at a high level. In this post we will detail what exactly what it takes to execute a DLC as well as the many benefits we BITCOIN VS LIGHTNING FEES DISCREET LOG CONTRACTS PART 4: SECURITY AND TRUST MODEL The DLC (user) security model is quite simple and there are only two keys involved. The first key owns your half of the multi-signature funding transaction, let’s call this the funding key. The second key gets paid to – should you receive any money out of this DLC – SUREDBITS API PLAYGROUND No messages received yet. Connect to an API by using the dropdown menu, and then click "connect". All received messages from the API

will appear here.

HOME - SUREDBITS

Founder. Chris has been involved in the cryptocurrency industry since 2013. He founded Suredbits in 2015 and was a member of Boost VC’s first crypto accelerator cohort. Chris has integrated bitcoin-s into some of the top cryptocurrency exchanges in the world. In his free time he contributes to bitcoin core, the backbone of the bitcoin

network.

BLOG - SUREDBITS

Multi-Oracle DLC Deep Dive. March 29, 2021. No Comments. A couple weeks ago, we announced that we had successfully executed a DLC on-chain using oracles Bitfinex, Pierre Rochard and Suredbits. In this post, we will be diving into the details of how multi-oracle DLCs are

accomplished.

WELCOME TO SUREDBITS' DLC WEBAPP 3. View Announcement. LaLiLuLeLo. (Hypothetical Event) Location of the first meteorite to land on Earth between now and start of 2022. 2022-01-01 00:00:00. View Announcement. benthecarman. Days until Suez Canal is unblocked, starting on 3/25. 2021-03-27 00:00:00. DISCREET LOG CONTRACTS ARCHIVES Release of Suredbits Oracle Explorer and Krystal Bull. February 23, 2021. No Comments. For the past year, the team at Suredbits has been diligently working on Discreet Log Contracts (DLCs) . DLCs are a new technology that enables non-custodial bitcoin-settled derivatives. It is important to understand how this is accomplished. SUREDBITS API REFERENCE Thank you and welcome to Suredbits' Lightning App API documentation. This API allows you to query our NFL, NBA and Crypto Exchange data. Our NFL and NBA APIs offer multiple channels including teams, players, games, scores, and statistics. Our Crypto Exchange API allows you to stream data on Trades, Tickers and Order Books. CRYPTO HEDGING WITH DISCREET LOG CONTRACTS As we have written previously, Discreet Log Contracts (DLCs) can offer some novel opportunities for hedging risk unique to the crypto economy. Specifically, for mining operations and block fees. A Discreet Log Contract is a “simple” oracle contract scheme proposed by Tadge Dryja of MIT. DLCs can be executed using almost any

blockchain

DISCREET LOG CONTRACTS PART 2: HOW THEY WORK [OLD NON Discreet Log Contracts Part 2: How They Work In our last Discreet Log Contract post, we explored the problems faced by most existing smart contracts as well as what Discrete Log Contracts (DLCs) are at a high level. In this post we will detail what exactly what it takes to execute a DLC as well as the many benefits we BITCOIN VS LIGHTNING FEES DISCREET LOG CONTRACTS PART 4: SECURITY AND TRUST MODEL The DLC (user) security model is quite simple and there are only two keys involved. The first key owns your half of the multi-signature funding transaction, let’s call this the funding key. The second key gets paid to – should you receive any money out of this DLC – SUREDBITS API PLAYGROUND No messages received yet. Connect to an API by using the dropdown menu, and then click "connect". All received messages from the API

will appear here.

BLOG - SUREDBITS

Multi-Oracle DLC Deep Dive. March 29, 2021. No Comments. A couple weeks ago, we announced that we had successfully executed a DLC on-chain using oracles Bitfinex, Pierre Rochard and Suredbits. In this post, we will be diving into the details of how multi-oracle DLCs are

accomplished.

SETTLEMENT OF FIRST MULTI-ORACLE DLC Settlement of First Multi-Oracle DLC. On March 11, 2021, Ben and I (Nadav) entered into a Discreet Log Contract on the bitcoin blockchain using a multi-oracle DLC. The oracles used were Bitfinex, Pierre Rochard and Suredbits. For the DLC to settle, 2 out of the 3 oracles had to attest to consistent BTC prices at maturity. SUREDBITS API REFERENCE Thank you and welcome to Suredbits' Lightning App API documentation. This API allows you to query our NFL, NBA and Crypto Exchange data. Our NFL and NBA APIs offer multiple channels including teams, players, games, scores, and statistics. Our Crypto Exchange API allows you to stream data on Trades, Tickers and Order Books. MULTI-ORACLE DLC DEEP DIVE A couple weeks ago, we announced that we had successfully executed a DLC on-chain using oracles Bitfinex, Pierre Rochard and Suredbits. In this post, we will be diving into the details of how multi-oracle DLCs are accomplished. Before we dive into a discussion about multi-oracle support in Discreet Log Contracts (DLCs), if you are not yet familiar with the idea and construction of DLCs we DISCREET LOG CONTRACTS PART 1: WHAT IS A A Discreet Log Contract is a “simple” oracle contract scheme proposed by Tadge Dryja of MIT. DLCs can be executed using almost any blockchain, including Bitcoin. An oracle contract starts with users locking up the funds involved. Then those funds are spent based on some external outcome, which is broadcasted by an oracle. PAYMENT POINTS: MONOTONE ACCESS STRUCTURES An access structure on the pre-image to a payment point P, is the set of all groups who can collaboratively construct the pre-image to P. To keep things restricted to relevant access structures, we will narrow scope to monotonic access structures, which are access structures that can be described using ANDs and ORs. VIEW EVENT - ORACLE.SUREDBITS.COM

Event Hash:

2f26e6dbfd3f38e7e5897d1ee5b6ee7665f4c07460e106a9b609d5beb56be36f This is the oracle announcement that should be shared with your counterparty in the DLC VIEW EVENT - ORACLE.SUREDBITS.COM

Event Hash:

0094eeadcb1d93e634af99f5cb8ae30a4ea38c48f4ab05be4f7ac7b01c029325 This is the oracle announcement that should be shared with your counterparty in the DLC VIEW EVENT - ORACLE.SUREDBITS.COM

Event Hash:

8ee18de084dde8fc884a0c6840fd76cb010040c9f7348698ec8905982a268c49 This is the oracle announcement that should be shared with your counterparty in the DLC VIEW EVENT - ORACLE.SUREDBITS.COM

Event Hash:

d62c23ae0032e597a8f5b7257aa9b6aa8ce4c281eb9d4793ca01eb30efd89e54 This is the oracle announcement that should be shared with your counterparty in the DLC Checkout our new Suredbits Oracle Explorer

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BITCOIN-S

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CUSTOM SOLUTIONS

We offer custom solutions and consulting to help get you and your business started in Crypto and Lightning technology. WHY DISCREET LOG CONTRACTS? DLCs enables developers to make bitcoin payments based on an oracle's signature. This can be used to construct forwards, options and contracts for difference that are settled in bitcoin with minimized

counterparty trust.

CUSTOMIZED DERIVATIVES Custom payout curve based on oracle’s outcome TRUST MINIMIZED DERIVATIVES No single user of a DLC controls access to the bitcoin while awaiting

settlement

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The oracle is has no way to prove you used them for settlement

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Refund mechanisms are built into every Discreet Log Contract

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WHAT WE DO

We are a team of developers helping build the Discreet Log Contract specification. We also help users and businesses develop custom financial engineering solutions for problems that arise when dealing

with bitcoin.

OUR TEAM

CHRIS STEWART

FOUNDER

Chris has been involved in the cryptocurrency industry since 2013. He founded Suredbits in 2015 and was a member of Boost VC’s first crypto accelerator cohort.  Chris has integrated bitcoin-s into some of the top cryptocurrency exchanges in the world. In his free time he contributes to bitcoin core, the backbone of the bitcoin network. Chris is also one of the earliest adopters and champions of the Lightning Network. Chris holds degrees in Computer Science and Mathematics from the University of Iowa.

NADAV KOHEN

SOFTWARE ENGINEER

Nadav joined the Suredbits team in 2018.  Nadav is one of the core architects behind the Discreet Log Contract protocol. He is active in bitcoin, lightning and DLC research.

ROMAN TARANCHENKO

SOFTWARE ENGINEER

Roman joined the Suredbits team in 2019.  He is a senior software engineer with deep experience building high performing APIs, data structures and services and possesses extensive knowledge of Scala. He is a veteran of multiple startups. Roman has contributed to the Eclair Lightning implementation by ACINQ.

BEN CARMAN

SOFTWARE ENGINEER

Ben joined the Suredbits team in 2019.  Ben has been involved in Bitcoin since 2017 contributing to a number of open source projects. He is passionate about building decentralized systems and working on Lightning. Ben graduated from Iowa State University with a degree in

Computer Science.

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