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Description
with the regtest-* features and bdk-cli repl mode various multisig and other smart contracting situations can be demonstrated with bdk-cli..
Examle: Show an workflow of a Liquid like federation using a corresponding descriptor and bdk cli.
These demos can be recorded in various forms.
- Tutorial on the website.
- A demo videos in the youtube channel.
- Add it as a integration tests as both code level demo as well as consistency of these workflows with BDK API.
The general approach for a trial can be something like this
- Use the https://min.sc/ compiler to create your own weird descriptor.
- Split the descriptor for different parties involved in the compiler
- Start multiple wallet
replterminals with each parties descriptor. They will default connect to a single regtest node so all parties will be in sync - Play around making transactions for various contract situations..
With this in mind we can start making a list of such interesting smart contracting situations with bitcoin scripts and demonstrate them out through BDK. Below is a list of basic ideas I imagined. Please comment below with more interesting contract ideas.
- Basic demo of a single sig wallet. (An test version of this is included in Satoshi's Calculator. #102 )
- Basic 2-of-3 multisig demo
- Multisig with time locks. Something like @sandipndev cooked here.
- A Liquid like federation demo
- An HTLC lighting contract demo. Playing out what exactly happens with with lighting state updates and penalty mechanisms.
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