Atomic Swap on Bitcoin SV

Token Sale Contract

TokenSale Contract

Extensions

  • swap bitcoins for layer 2 tokens; layer 1 tokens for layer 2 tokens; one layer 1/2 token for another layer 1/2 token
  • add another public function for the issuer(s) to redeem the funds in the contract
  • vary token price based on purchase time and setup token release time, by obtaining time using techniques in contract CheckLockTimeVerify
  • merge token records if same buyer purchases multiple times

Advantages

  • It is non-interactive. It requires no back and forth communication or cooperation between involved parties. Thus many issues caused by one party becoming unresponsive are completely avoided.
  • It does not require timelocks and thus does not lockup funds.

Update (05/27/2020)

Token table after 5 sales

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sCrypt Inc (https://scrypt.io) is a company with a mission to provide integrated on-chain smart contracting solutions using the original BitCoin Protocol on BSV

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sCrypt

sCrypt

sCrypt Inc (https://scrypt.io) is a company with a mission to provide integrated on-chain smart contracting solutions using the original BitCoin Protocol on BSV

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