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</script></nav></div><div class="container mainContainer docsContainer"><div class="wrapper"><div class="post"><header class="postHeader"><a class="edit-page-link button" href="https://github.com/bitcoin-s/bitcoin-s/blob/master/docs/wallet/wallet-election-example.md" target="_blank" rel="noreferrer noopener">Edit</a><h1 id="__docusaurus" class="postHeaderTitle">Wallet Election Example</h1></header><article><div><span><p>This is a developer example to show to how build a
DLC with <code>bitcoin-s-cli</code> utility using the oracle
we built in our <a href="/docs/oracle/oracle-election-example">oracle election example</a></p>
<p>This example will show you to collaborate with your peer
to create the funding transaction for your DLC.</p>
<p>The last thing we will do is close the DLC by broadcasting
the contract execution transaction (CET) that is valid after
the oracle broadcasts its attestations.</p>
<h2><a class="anchor" aria-hidden="true" id="requirements-for-example"></a><a href="#requirements-for-example" aria-hidden="true" class="hash-link"><svg class="hash-link-icon" aria-hidden="true" height="16" version="1.1" viewBox="0 0 16 16" width="16"><path fill-rule="evenodd" d="M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z"></path></svg></a>Requirements for example</h2>
<p>You need to have a fully built DLC wallet.
You can follow <a href="/docs/applications/server#building-the-server">this guide</a> to do this.</p>
<p>You will also need a the <code>bitcoin-s-cli</code> command line tool to interact with the server.
You can find how to build this <a href="/docs/applications/cli">here</a></p>
<p>Since bitcoin-s is a self custodial wallet, you will need to either</p>
<ol>
<li><a href="/docs/getting-setup#bitcoind-backend">Connect your server to bitcoind</a></li>
<li><a href="/docs/getting-setup#neutrino-node">Do intial block download (IBD) with blockfilters</a>. This can take a few hours.</li>
</ol>
<pre><code class="hljs">.<span class="hljs-meta-keyword">/app/</span>server<span class="hljs-meta-keyword">/target/</span>universal<span class="hljs-meta-keyword">/stage/</span>bin/bitcoin-s-server
</code></pre>
<h2><a class="anchor" aria-hidden="true" id="us-2020-election"></a><a href="#us-2020-election" aria-hidden="true" class="hash-link"><svg class="hash-link-icon" aria-hidden="true" height="16" version="1.1" viewBox="0 0 16 16" width="16"><path fill-rule="evenodd" d="M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z"></path></svg></a>US 2020 election</h2>
<p>In 2020, the United States held a presidential election.
People want to do a DLC based on the outcome.</p>
<h3><a class="anchor" aria-hidden="true" id="setting-up-the-election-bet"></a><a href="#setting-up-the-election-bet" aria-hidden="true" class="hash-link"><svg class="hash-link-icon" aria-hidden="true" height="16" version="1.1" viewBox="0 0 16 16" width="16"><path fill-rule="evenodd" d="M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z"></path></svg></a>Setting up the election bet</h3>
<h4><a class="anchor" aria-hidden="true" id="oracle"></a><a href="#oracle" aria-hidden="true" class="hash-link"><svg class="hash-link-icon" aria-hidden="true" height="16" version="1.1" viewBox="0 0 16 16" width="16"><path fill-rule="evenodd" d="M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z"></path></svg></a>Oracle</h4>
<p>The first thing you need to create a DLC is an oracle that
is attesting to the real world event that you are interested in.</p>
<p>In this case, we will be using the oracle we setup in our
<a href="/docs/oracle/oracle-election-example">oracle election example</a>.</p>
<p>The announcement that this oracle produced is</p>
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</code></pre>
<p>This announcement contains all the cryptographic information
necessary for you and your counterparty to build a DLC.</p>
<h4><a class="anchor" aria-hidden="true" id="contract"></a><a href="#contract" aria-hidden="true" class="hash-link"><svg class="hash-link-icon" aria-hidden="true" height="16" version="1.1" viewBox="0 0 16 16" width="16"><path fill-rule="evenodd" d="M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z"></path></svg></a>Contract</h4>
<p>The next step for building a DLC is agreeing to a <a href="https://github.com/discreetlogcontracts/dlcspecs/blob/master/Messaging.md#the-contract_info-type">contract info</a>.
A contract info contains information about</p>
<ol>
<li>The oracles that will be used by the DLC</li>
<li>The contract payout conditions based on the oracle.</li>
</ol>
<p>Up until this point all information in this example does
NOT contain any information specific to the bitcoin network.</p>
<p>If the oracle has published their announcement to the
Suredbits oracle explorer, you can build this
<a href="https://test.oracle.suredbits.com/event/8863cd80e1d37f668e27b84cbfed48541d671b4fed1462b86d547e7f13b5a9e4/contracts/new">via the contract explorer</a>.</p>
<p><a href="https://test.oracle.suredbits.com/contract/enum/f3650e03487941be8d3285f3eecd3689cbb9c4b49d1c6d467f92399647c45703">Here</a>
is a completed example of what we are going to build via the <code>bitcoin-s-cli</code></p>
<p>Alice has decided that she wants to do a 100,000 sats bet.
The amount of collateral Alice is going to contribute to the bet
is <code>60,000</code> sats.</p>
<p>Bob, Alice's counterparty, has agreed to contribute
<code>40,000</code> sats in collateral to the bet.</p>
<p>The next step is to create a <code>contractinfo</code> locally that represents
this bet. We can do this with the <code>createcontractinfo</code> rpc</p>
<pre><code class="hljs">./bitcoin-s-cli createcontractinfo fdd<span class="hljs-number">824</span><span class="hljs-keyword">c</span><span class="hljs-number">3988</span>fabec<span class="hljs-number">9820690</span>f<span class="hljs-number">366271</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span>ceac<span class="hljs-number">00</span>fbec<span class="hljs-number">1412075</span>f<span class="hljs-number">9</span>b<span class="hljs-number">319</span>bb<span class="hljs-number">0</span>db<span class="hljs-number">1</span>f<span class="hljs-number">86460519</span>dd<span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">61478949</span>f<span class="hljs-number">2</span><span class="hljs-keyword">c</span><span class="hljs-number">00</span><span class="hljs-keyword">c</span><span class="hljs-number">35</span>aeb<span class="hljs-number">8e53</span>a<span class="hljs-number">1507616072</span>cb<span class="hljs-number">802891e2</span><span class="hljs-keyword">c</span><span class="hljs-number">189</span>a<span class="hljs-number">9</span>fa<span class="hljs-number">65</span>a<span class="hljs-number">0493</span>de<span class="hljs-number">5</span>d<span class="hljs-number">3</span>b<span class="hljs-number">04</span>a<span class="hljs-number">6</span>d<span class="hljs-number">7</span>b<span class="hljs-number">90</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">43</span><span class="hljs-keyword">c</span><span class="hljs-number">09</span>ebe<span class="hljs-number">5250</span>d<span class="hljs-number">583e1</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>fc<span class="hljs-number">423219</span>b<span class="hljs-number">26</span>f<span class="hljs-number">6</span>a<span class="hljs-number">02</span>ec<span class="hljs-number">394</span>a<span class="hljs-number">130000</span>afdd<span class="hljs-number">8225</span>f<span class="hljs-number">0001</span>ae<span class="hljs-number">3e30</span>df<span class="hljs-number">5</span>a<span class="hljs-number">203</span>ad<span class="hljs-number">10</span>ee<span class="hljs-number">89</span>a<span class="hljs-number">909</span>df<span class="hljs-number">0</span><span class="hljs-keyword">c</span><span class="hljs-number">8</span>ccea<span class="hljs-number">4836e94</span>e<span class="hljs-number">0</span>a<span class="hljs-number">5</span>d<span class="hljs-number">34</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>cdab<span class="hljs-number">758</span>fcaee<span class="hljs-number">1460189600</span>fdd<span class="hljs-number">8062400030e52657075626</span><span class="hljs-keyword">c</span><span class="hljs-number">6963616e5</span>f<span class="hljs-number">77696e0</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696e056</span>f<span class="hljs-number">7468657210323032302</span>d<span class="hljs-number">75732</span>d<span class="hljs-number">656</span><span class="hljs-keyword">c</span><span class="hljs-number">656374696</span>f<span class="hljs-number">6</span>e \
<span class="hljs-number">100000</span> \
<span class="hljs-string">"{\"outcomes\" : { \"Republican_win\" : 0, \"Democrat_win\" : 100000, \"other\" : 60000 }}"</span>
fdd<span class="hljs-number">82</span>efd<span class="hljs-number">011200000000000186</span>a<span class="hljs-number">0</span>fda<span class="hljs-number">7103</span>b<span class="hljs-number">030e52657075626</span><span class="hljs-keyword">c</span><span class="hljs-number">6963616e5</span>f<span class="hljs-number">77696e00000000000000000</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696e00000000000186</span>a<span class="hljs-number">0056</span>f<span class="hljs-number">74686572000000000000</span>ea<span class="hljs-number">60</span>fda<span class="hljs-number">712</span><span class="hljs-keyword">c</span><span class="hljs-number">7</span>fdd<span class="hljs-number">824</span><span class="hljs-keyword">c</span><span class="hljs-number">3988</span>fabec<span class="hljs-number">9820690</span>f<span class="hljs-number">366271</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span>ceac<span class="hljs-number">00</span>fbec<span class="hljs-number">1412075</span>f<span class="hljs-number">9</span>b<span class="hljs-number">319</span>bb<span class="hljs-number">0</span>db<span class="hljs-number">1</span>f<span class="hljs-number">86460519</span>dd<span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">61478949</span>f<span class="hljs-number">2</span><span class="hljs-keyword">c</span><span class="hljs-number">00</span><span class="hljs-keyword">c</span><span class="hljs-number">35</span>aeb<span class="hljs-number">8e53</span>a<span class="hljs-number">1507616072</span>cb<span class="hljs-number">802891e2</span><span class="hljs-keyword">c</span><span class="hljs-number">189</span>a<span class="hljs-number">9</span>fa<span class="hljs-number">65</span>a<span class="hljs-number">0493</span>de<span class="hljs-number">5</span>d<span class="hljs-number">3</span>b<span class="hljs-number">04</span>a<span class="hljs-number">6</span>d<span class="hljs-number">7</span>b<span class="hljs-number">90</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">43</span><span class="hljs-keyword">c</span><span class="hljs-number">09</span>ebe<span class="hljs-number">5250</span>d<span class="hljs-number">583e1</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>fc<span class="hljs-number">423219</span>b<span class="hljs-number">26</span>f<span class="hljs-number">6</span>a<span class="hljs-number">02</span>ec<span class="hljs-number">394</span>a<span class="hljs-number">130000</span>afdd<span class="hljs-number">8225</span>f<span class="hljs-number">0001</span>ae<span class="hljs-number">3e30</span>df<span class="hljs-number">5</span>a<span class="hljs-number">203</span>ad<span class="hljs-number">10</span>ee<span class="hljs-number">89</span>a<span class="hljs-number">909</span>df<span class="hljs-number">0</span><span class="hljs-keyword">c</span><span class="hljs-number">8</span>ccea<span class="hljs-number">4836e94</span>e<span class="hljs-number">0</span>a<span class="hljs-number">5</span>d<span class="hljs-number">34</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>cdab<span class="hljs-number">758</span>fcaee<span class="hljs-number">1460189600</span>fdd<span class="hljs-number">8062400030e52657075626</span><span class="hljs-keyword">c</span><span class="hljs-number">6963616e5</span>f<span class="hljs-number">77696e0</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696e056</span>f<span class="hljs-number">7468657210323032302</span>d<span class="hljs-number">75732</span>d<span class="hljs-number">656</span><span class="hljs-keyword">c</span><span class="hljs-number">656374696</span>f<span class="hljs-number">6</span>e
</code></pre>
<p>We can decode the encoded contract info (<code>fdd82efd011...</code>) with the <code>decodecontractinfo</code> to see what this represents</p>
<pre><code class="hljs"> ./bitcoin-s-cli decodecontractinfo fdd<span class="hljs-number">82</span>efd<span class="hljs-number">011200000000000186</span>a<span class="hljs-number">0</span>fda<span class="hljs-number">7103</span>b<span class="hljs-number">030e52657075626</span><span class="hljs-keyword">c</span><span class="hljs-number">6963616e5</span>f<span class="hljs-number">77696e00000000000000000</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696e00000000000186</span>a<span class="hljs-number">0056</span>f<span class="hljs-number">74686572000000000000</span>ea<span class="hljs-number">60</span>fda<span class="hljs-number">712</span><span class="hljs-keyword">c</span><span class="hljs-number">7</span>fdd<span class="hljs-number">824</span><span class="hljs-keyword">c</span><span class="hljs-number">3988</span>fabec<span class="hljs-number">9820690</span>f<span class="hljs-number">366271</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span>ceac<span class="hljs-number">00</span>fbec<span class="hljs-number">1412075</span>f<span class="hljs-number">9</span>b<span class="hljs-number">319</span>bb<span class="hljs-number">0</span>db<span class="hljs-number">1</span>f<span class="hljs-number">86460519</span>dd<span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">61478949</span>f<span class="hljs-number">2</span><span class="hljs-keyword">c</span><span class="hljs-number">00</span><span class="hljs-keyword">c</span><span class="hljs-number">35</span>aeb<span class="hljs-number">8e53</span>a<span class="hljs-number">1507616072</span>cb<span class="hljs-number">802891e2</span><span class="hljs-keyword">c</span><span class="hljs-number">189</span>a<span class="hljs-number">9</span>fa<span class="hljs-number">65</span>a<span class="hljs-number">0493</span>de<span class="hljs-number">5</span>d<span class="hljs-number">3</span>b<span class="hljs-number">04</span>a<span class="hljs-number">6</span>d<span class="hljs-number">7</span>b<span class="hljs-number">90</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">43</span><span class="hljs-keyword">c</span><span class="hljs-number">09</span>ebe<span class="hljs-number">5250</span>d<span class="hljs-number">583e1</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>fc<span class="hljs-number">423219</span>b<span class="hljs-number">26</span>f<span class="hljs-number">6</span>a<span class="hljs-number">02</span>ec<span class="hljs-number">394</span>a<span class="hljs-number">130000</span>afdd<span class="hljs-number">8225</span>f<span class="hljs-number">0001</span>ae<span class="hljs-number">3e30</span>df<span class="hljs-number">5</span>a<span class="hljs-number">203</span>ad<span class="hljs-number">10</span>ee<span class="hljs-number">89</span>a<span class="hljs-number">909</span>df<span class="hljs-number">0</span><span class="hljs-keyword">c</span><span class="hljs-number">8</span>ccea<span class="hljs-number">4836e94</span>e<span class="hljs-number">0</span>a<span class="hljs-number">5</span>d<span class="hljs-number">34</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>cdab<span class="hljs-number">758</span>fcaee<span class="hljs-number">1460189600</span>fdd<span class="hljs-number">8062400030e52657075626</span><span class="hljs-keyword">c</span><span class="hljs-number">6963616e5</span>f<span class="hljs-number">77696e0</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696e056</span>f<span class="hljs-number">7468657210323032302</span>d<span class="hljs-number">75732</span>d<span class="hljs-number">656</span><span class="hljs-keyword">c</span><span class="hljs-number">656374696</span>f<span class="hljs-number">6</span>e
{
<span class="hljs-string">"totalCollateral"</span>: <span class="hljs-number">100000</span>,
<span class="hljs-string">"contractDescriptor"</span>: {
<span class="hljs-string">"outcomes"</span>: {
<span class="hljs-string">"Republican_win"</span>: <span class="hljs-number">0</span>,
<span class="hljs-string">"Democrat_win"</span>: <span class="hljs-number">100000</span>,
<span class="hljs-string">"other"</span>: <span class="hljs-number">60000</span>
},
<span class="hljs-string">"hex"</span>: <span class="hljs-string">"fda7103b030e52657075626c6963616e5f77696e00000000000000000c44656d6f637261745f77696e00000000000186a0056f74686572000000000000ea60"</span>
},
<span class="hljs-string">"oracleInfo"</span>: {
<span class="hljs-string">"announcement"</span>: {
<span class="hljs-string">"announcementSignature"</span>: <span class="hljs-string">"988fabec9820690f366271c9ceac00fbec1412075f9b319bb0db1f86460519dd9c61478949f2c00c35aeb8e53a1507616072cb802891e2c189a9fa65a0493de5"</span>,
<span class="hljs-string">"publicKey"</span>: <span class="hljs-string">"d3b04a6d7b90c9c43c09ebe5250d583e1c3fc423219b26f6a02ec394a130000a"</span>,
<span class="hljs-string">"event"</span>: {
<span class="hljs-string">"nonces"</span>: [
<span class="hljs-string">"ae3e30df5a203ad10ee89a909df0c8ccea4836e94e0a5d34c3cdab758fcaee14"</span>
],
<span class="hljs-string">"maturity"</span>: <span class="hljs-string">"2021-02-02T00:00:00Z"</span>,
<span class="hljs-string">"descriptor"</span>: {
<span class="hljs-string">"outcomes"</span>: [
<span class="hljs-string">"Republican_win"</span>,
<span class="hljs-string">"Democrat_win"</span>,
<span class="hljs-string">"other"</span>
],
<span class="hljs-string">"hex"</span>: <span class="hljs-string">"fdd8062400030e52657075626c6963616e5f77696e0c44656d6f637261745f77696e056f74686572"</span>
},
<span class="hljs-string">"eventId"</span>: <span class="hljs-string">"2020-us-election"</span>
},
<span class="hljs-string">"hex"</span>: <span class="hljs-string">"fdd824c3988fabec9820690f366271c9ceac00fbec1412075f9b319bb0db1f86460519dd9c61478949f2c00c35aeb8e53a1507616072cb802891e2c189a9fa65a0493de5d3b04a6d7b90c9c43c09ebe5250d583e1c3fc423219b26f6a02ec394a130000afdd8225f0001ae3e30df5a203ad10ee89a909df0c8ccea4836e94e0a5d34c3cdab758fcaee1460189600fdd8062400030e52657075626c6963616e5f77696e0c44656d6f637261745f77696e056f7468657210323032302d75732d656c656374696f6e"</span>
}
}
}
</code></pre>
<h3><a class="anchor" aria-hidden="true" id="building-funding-txdlcs-with-your-counterparty"></a><a href="#building-funding-txdlcs-with-your-counterparty" aria-hidden="true" class="hash-link"><svg class="hash-link-icon" aria-hidden="true" height="16" version="1.1" viewBox="0 0 16 16" width="16"><path fill-rule="evenodd" d="M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z"></path></svg></a>Building funding tx/dlcs with your counterparty</h3>
<p>Now that the contract terms are agreed upon, the next thing you need to do is
begin the <a href="https://github.com/discreetlogcontracts/dlcspecs/blob/master/Protocol.md#contract-negotiation">negotiation protocol</a> with your counterparty.</p>
<h4><a class="anchor" aria-hidden="true" id="offer"></a><a href="#offer" aria-hidden="true" class="hash-link"><svg class="hash-link-icon" aria-hidden="true" height="16" version="1.1" viewBox="0 0 16 16" width="16"><path fill-rule="evenodd" d="M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z"></path></svg></a>Offer</h4>
<p>The first thing you need to send your counterparty is an <a href="https://github.com/discreetlogcontracts/dlcspecs/blob/master/Protocol.md#the-offer_dlc-message"><code>offer</code></a>.
This message contains information about the utxos you will use to fund your side of the funding transaction.</p>
<p>You can create the offer with the <code>createdlcoffer</code>. As arguments this rpc takes</p>
<ol>
<li>contract info (what we build last step)</li>
<li>your collateral (the amount of money YOU are putting in the DLC)</li>
<li>fee rate (sats/vbyte)</li>
<li>refund locktime</li>
</ol>
<p>As of this writing, the current block height is <code>703,401</code>. For the sake of this example
I'm going to pick a refund locktime 2 weeks in advance <code>refundLocktime=705417</code></p>
<p>Note: this RPC will fail if you don't have enough funds in your wallet to fund your collateral.</p>
<pre><code class="hljs">./bitcoin-s-cli createdlcoffer fdd<span class="hljs-number">82</span>efd<span class="hljs-number">011200000000000186</span>a<span class="hljs-number">0</span>fda<span class="hljs-number">7103</span>b<span class="hljs-number">030e52657075626</span><span class="hljs-keyword">c</span><span class="hljs-number">6963616e5</span>f<span class="hljs-number">77696e00000000000000000</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696e00000000000186</span>a<span class="hljs-number">0056</span>f<span class="hljs-number">74686572000000000000</span>ea<span class="hljs-number">60</span>fda<span class="hljs-number">712</span><span class="hljs-keyword">c</span><span class="hljs-number">7</span>fdd<span class="hljs-number">824</span><span class="hljs-keyword">c</span><span class="hljs-number">3988</span>fabec<span class="hljs-number">9820690</span>f<span class="hljs-number">366271</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span>ceac<span class="hljs-number">00</span>fbec<span class="hljs-number">1412075</span>f<span class="hljs-number">9</span>b<span class="hljs-number">319</span>bb<span class="hljs-number">0</span>db<span class="hljs-number">1</span>f<span class="hljs-number">86460519</span>dd<span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">61478949</span>f<span class="hljs-number">2</span><span class="hljs-keyword">c</span><span class="hljs-number">00</span><span class="hljs-keyword">c</span><span class="hljs-number">35</span>aeb<span class="hljs-number">8e53</span>a<span class="hljs-number">1507616072</span>cb<span class="hljs-number">802891e2</span><span class="hljs-keyword">c</span><span class="hljs-number">189</span>a<span class="hljs-number">9</span>fa<span class="hljs-number">65</span>a<span class="hljs-number">0493</span>de<span class="hljs-number">5</span>d<span class="hljs-number">3</span>b<span class="hljs-number">04</span>a<span class="hljs-number">6</span>d<span class="hljs-number">7</span>b<span class="hljs-number">90</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">43</span><span class="hljs-keyword">c</span><span class="hljs-number">09</span>ebe<span class="hljs-number">5250</span>d<span class="hljs-number">583e1</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>fc<span class="hljs-number">423219</span>b<span class="hljs-number">26</span>f<span class="hljs-number">6</span>a<span class="hljs-number">02</span>ec<span class="hljs-number">394</span>a<span class="hljs-number">130000</span>afdd<span class="hljs-number">8225</span>f<span class="hljs-number">0001</span>ae<span class="hljs-number">3e30</span>df<span class="hljs-number">5</span>a<span class="hljs-number">203</span>ad<span class="hljs-number">10</span>ee<span class="hljs-number">89</span>a<span class="hljs-number">909</span>df<span class="hljs-number">0</span><span class="hljs-keyword">c</span><span class="hljs-number">8</span>ccea<span class="hljs-number">4836e94</span>e<span class="hljs-number">0</span>a<span class="hljs-number">5</span>d<span class="hljs-number">34</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>cdab<span class="hljs-number">758</span>fcaee<span class="hljs-number">1460189600</span>fdd<span class="hljs-number">8062400030e52657075626</span><span class="hljs-keyword">c</span><span class="hljs-number">6963616e5</span>f<span class="hljs-number">77696e0</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696e056</span>f<span class="hljs-number">7468657210323032302</span>d<span class="hljs-number">75732</span>d<span class="hljs-number">656</span><span class="hljs-keyword">c</span><span class="hljs-number">656374696</span>f<span class="hljs-number">6</span>e \
<span class="hljs-number">60000</span> \
<span class="hljs-number">1</span> \
<span class="hljs-number">705417</span>
a<span class="hljs-number">71</span>a<span class="hljs-number">006</span>fe<span class="hljs-number">28</span><span class="hljs-keyword">c</span><span class="hljs-number">0</span>ab<span class="hljs-number">6</span>f<span class="hljs-number">1</span>b<span class="hljs-number">372</span><span class="hljs-keyword">c</span><span class="hljs-number">1</span>a<span class="hljs-number">6</span>a<span class="hljs-number">246</span>ae<span class="hljs-number">63</span>f<span class="hljs-number">74</span>f<span class="hljs-number">931e8365</span>e<span class="hljs-number">15</span>a<span class="hljs-number">089</span><span class="hljs-keyword">c</span><span class="hljs-number">68</span>d<span class="hljs-number">6190000000000</span>fdd<span class="hljs-number">82</span>efd<span class="hljs-number">011200000000000186</span>a<span class="hljs-number">0</span>fda<span class="hljs-number">7103</span>b<span class="hljs-number">030e52657075626</span><span class="hljs-keyword">c</span><span class="hljs-number">6963616e5</span>f<span class="hljs-number">77696e00000000000000000</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696e00000000000186</span>a<span class="hljs-number">0056</span>f<span class="hljs-number">74686572000000000000</span>ea<span class="hljs-number">60</span>fda<span class="hljs-number">712</span><span class="hljs-keyword">c</span><span class="hljs-number">7</span>fdd<span class="hljs-number">824</span><span class="hljs-keyword">c</span><span class="hljs-number">3988</span>fabec<span class="hljs-number">9820690</span>f<span class="hljs-number">366271</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span>ceac<span class="hljs-number">00</span>fbec<span class="hljs-number">1412075</span>f<span class="hljs-number">9</span>b<span class="hljs-number">319</span>bb<span class="hljs-number">0</span>db<span class="hljs-number">1</span>f<span class="hljs-number">86460519</span>dd<span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">61478949</span>f<span class="hljs-number">2</span><span class="hljs-keyword">c</span><span class="hljs-number">00</span><span class="hljs-keyword">c</span><span class="hljs-number">35</span>aeb<span class="hljs-number">8e53</span>a<span class="hljs-number">1507616072</span>cb<span class="hljs-number">802891e2</span><span class="hljs-keyword">c</span><span class="hljs-number">189</span>a<span class="hljs-number">9</span>fa<span class="hljs-number">65</span>a<span class="hljs-number">0493</span>de<span class="hljs-number">5</span>d<span class="hljs-number">3</span>b<span class="hljs-number">04</span>a<span class="hljs-number">6</span>d<span class="hljs-number">7</span>b<span class="hljs-number">90</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">43</span><span class="hljs-keyword">c</span><span class="hljs-number">09</span>ebe<span class="hljs-number">5250</span>d<span class="hljs-number">583e1</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>fc<span class="hljs-number">423219</span>b<span class="hljs-number">26</span>f<span class="hljs-number">6</span>a<span class="hljs-number">02</span>ec<span class="hljs-number">394</span>a<span class="hljs-number">130000</span>afdd<span class="hljs-number">8225</span>f<span class="hljs-number">0001</span>ae<span class="hljs-number">3e30</span>df<span class="hljs-number">5</span>a<span class="hljs-number">203</span>ad<span class="hljs-number">10</span>ee<span class="hljs-number">89</span>a<span class="hljs-number">909</span>df<span class="hljs-number">0</span><span class="hljs-keyword">c</span><span class="hljs-number">8</span>ccea<span class="hljs-number">4836e94</span>e<span class="hljs-number">0</span>a<span class="hljs-number">5</span>d<span class="hljs-number">34</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>cdab<span class="hljs-number">758</span>fcaee<span class="hljs-number">1460189600</span>fdd<span class="hljs-number">8062400030e52657075626</span><span class="hljs-keyword">c</span><span class="hljs-number">6963616e5</span>f<span class="hljs-number">77696e0</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696e056</span>f<span class="hljs-number">7468657210323032302</span>d<span class="hljs-number">75732</span>d<span class="hljs-number">656</span><span class="hljs-keyword">c</span><span class="hljs-number">656374696</span>f<span class="hljs-number">6e02869</span>f<span class="hljs-number">5</span>d<span class="hljs-number">3931620521</span>f<span class="hljs-number">3</span>eef<span class="hljs-number">85</span><span class="hljs-keyword">c</span><span class="hljs-number">0e7</span>adf<span class="hljs-number">64</span>a<span class="hljs-number">4</span>db<span class="hljs-number">330</span>d<span class="hljs-number">2</span>dfde<span class="hljs-number">3</span>aa<span class="hljs-number">871172274</span>f<span class="hljs-number">210</span>fe<span class="hljs-number">0001600141</span>df<span class="hljs-number">0</span>a<span class="hljs-number">84</span>b<span class="hljs-number">2</span>d<span class="hljs-number">2e611</span>dd<span class="hljs-number">595101</span>bfed<span class="hljs-number">6320143</span><span class="hljs-keyword">c</span><span class="hljs-number">47</span>ebbae<span class="hljs-number">7</span>b<span class="hljs-number">7</span>a<span class="hljs-number">0</span>db<span class="hljs-number">8657</span>d<span class="hljs-number">43000000000000</span>ea<span class="hljs-number">600001</span>fda<span class="hljs-number">714</span>fd<span class="hljs-number">01</span>b<span class="hljs-number">3875502</span>aad<span class="hljs-number">4</span>b<span class="hljs-number">013</span>d<span class="hljs-number">8019</span>d<span class="hljs-number">02000000000102</span>b<span class="hljs-number">3</span>cb<span class="hljs-number">67</span>fcadc<span class="hljs-number">31</span>bfbe<span class="hljs-number">996</span>d<span class="hljs-number">12420e2843242</span>ebcb<span class="hljs-number">1885</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span>f<span class="hljs-number">81327</span>bc<span class="hljs-number">9</span>a<span class="hljs-number">0728</span>ad<span class="hljs-number">815</span>d<span class="hljs-number">0000000000</span>fdffffffb<span class="hljs-number">3</span>cb<span class="hljs-number">67</span>fcadc<span class="hljs-number">31</span>bfbe<span class="hljs-number">996</span>d<span class="hljs-number">12420e2843242</span>ebcb<span class="hljs-number">1885</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span>f<span class="hljs-number">81327</span>bc<span class="hljs-number">9</span>a<span class="hljs-number">0728</span>ad<span class="hljs-number">815</span>d<span class="hljs-number">0100000000</span>fdffffff<span class="hljs-number">039e88010000000000220020</span>e<span class="hljs-number">15</span>f<span class="hljs-number">5</span>ed<span class="hljs-number">79</span>f<span class="hljs-number">651</span>a<span class="hljs-number">30</span>dc<span class="hljs-number">159</span>b<span class="hljs-number">015</span>cd<span class="hljs-number">26</span>b<span class="hljs-number">76e26</span><span class="hljs-keyword">c</span><span class="hljs-number">2832</span>d<span class="hljs-number">660</span><span class="hljs-keyword">c</span><span class="hljs-number">00365</span>ae<span class="hljs-number">27</span>aa<span class="hljs-number">70</span>cf<span class="hljs-number">8</span>a<span class="hljs-number">818</span>ddcd<span class="hljs-number">80000000000160014</span>b<span class="hljs-number">09</span>f<span class="hljs-number">423</span>de<span class="hljs-number">7</span><span class="hljs-keyword">c</span><span class="hljs-number">54</span>d<span class="hljs-number">96</span>bdc<span class="hljs-number">4173689</span>dcbe<span class="hljs-number">2084165</span>d<span class="hljs-number">6</span>ee<span class="hljs-number">1</span>b<span class="hljs-number">0e602000000001600146</span>b<span class="hljs-number">34</span>fc<span class="hljs-number">04227</span>d<span class="hljs-number">45</span>f<span class="hljs-number">792e6</span>baddfc<span class="hljs-number">098</span><span class="hljs-keyword">cc</span><span class="hljs-number">3</span>b<span class="hljs-number">74</span>a<span class="hljs-number">000e0247304402203</span>aead<span class="hljs-number">2</span>ad<span class="hljs-number">391e573</span>d<span class="hljs-number">27</span>f<span class="hljs-number">3</span>f<span class="hljs-number">81</span>bab<span class="hljs-number">703</span>eae<span class="hljs-number">6712</span>f<span class="hljs-number">4</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>ff<span class="hljs-number">6985e683</span>f<span class="hljs-number">551</span>d<span class="hljs-number">606925e58022042</span>fdbc<span class="hljs-number">5921</span>f<span class="hljs-number">569</span>f<span class="hljs-number">0016</span>bd<span class="hljs-number">86</span>fbd<span class="hljs-number">98</span>fa<span class="hljs-number">2</span>a<span class="hljs-number">19792606439</span>fec<span class="hljs-number">818054801</span>d<span class="hljs-number">59</span>d<span class="hljs-number">1297e0121036</span>cb<span class="hljs-number">7209</span>a<span class="hljs-number">4</span>d<span class="hljs-number">6</span>ef<span class="hljs-number">8</span>af<span class="hljs-number">38106</span>fc<span class="hljs-number">109908</span>d<span class="hljs-number">7</span>ef<span class="hljs-number">88</span>f<span class="hljs-number">80</span>f<span class="hljs-number">1265</span>a<span class="hljs-number">4</span>b<span class="hljs-number">392</span>adc<span class="hljs-number">95</span>ccfed<span class="hljs-number">3362</span>a<span class="hljs-number">0247304402203</span>b<span class="hljs-number">55</span><span class="hljs-keyword">c</span><span class="hljs-number">699</span>d<span class="hljs-number">340</span>d<span class="hljs-number">128</span><span class="hljs-keyword">c</span><span class="hljs-number">124</span>fc<span class="hljs-number">21834069</span>a<span class="hljs-number">3e68</span>ba<span class="hljs-number">2</span>cb<span class="hljs-number">4</span>bfbf<span class="hljs-number">7</span><span class="hljs-keyword">c</span><span class="hljs-number">6</span>d<span class="hljs-number">8</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>feb<span class="hljs-number">813594</span>ee<span class="hljs-number">902207</span>b<span class="hljs-number">11</span>ad<span class="hljs-number">746</span>d<span class="hljs-number">981</span>d<span class="hljs-number">49</span>d<span class="hljs-number">61</span>fa<span class="hljs-number">8</span>d<span class="hljs-number">6</span>a<span class="hljs-number">40</span><span class="hljs-keyword">c</span><span class="hljs-number">35</span>de<span class="hljs-number">7</span>eb<span class="hljs-number">2</span>fd<span class="hljs-number">06</span>ab<span class="hljs-number">673</span>fa<span class="hljs-number">8</span>f<span class="hljs-number">5</span>d<span class="hljs-number">4</span>b<span class="hljs-number">210467080</span>ea<span class="hljs-number">012102</span>da<span class="hljs-number">67</span>b<span class="hljs-number">76</span>b<span class="hljs-number">763</span>ac<span class="hljs-number">07</span>b<span class="hljs-number">9574</span>a<span class="hljs-number">0</span>f<span class="hljs-number">9</span>eb<span class="hljs-number">87</span>cf<span class="hljs-number">45</span>a<span class="hljs-number">71</span>b<span class="hljs-number">7</span>b<span class="hljs-number">95</span><span class="hljs-keyword">c</span><span class="hljs-number">5446</span>ab<span class="hljs-number">49845771e08</span>dce<span class="hljs-number">0</span>a<span class="hljs-number">00000000000000001</span>fffffffd<span class="hljs-number">006</span>b<span class="hljs-number">000000160014</span>eff<span class="hljs-number">30273</span>b<span class="hljs-number">9</span>aa<span class="hljs-number">3</span>feb<span class="hljs-number">39</span>fee<span class="hljs-number">0916</span>a<span class="hljs-number">09</span>bf<span class="hljs-number">2</span><span class="hljs-keyword">c</span><span class="hljs-number">2477</span>df<span class="hljs-number">0</span>a<span class="hljs-number">1</span><span class="hljs-keyword">c</span><span class="hljs-number">94</span>a<span class="hljs-number">347</span>be<span class="hljs-number">0</span>eddf<span class="hljs-number">79</span>fb<span class="hljs-number">7</span>cdd<span class="hljs-number">1</span>df<span class="hljs-number">256</span>b<span class="hljs-number">830000000000000001000</span>abf<span class="hljs-number">99000</span>ac<span class="hljs-number">389</span>
</code></pre>
<p>Yay! We have now created an offer (<code>a71a006fe...</code>) that we can send to our counterparty, Bob. If you would like to review
the offer before sending it to him you can use <code>decodeoffer</code></p>
<pre><code class="hljs">./bitcoin-s-cli decodeoffer a<span class="hljs-number">71</span>a<span class="hljs-number">006</span>fe<span class="hljs-number">28</span><span class="hljs-keyword">c</span><span class="hljs-number">0</span>ab<span class="hljs-number">6</span>f<span class="hljs-number">1</span>b<span class="hljs-number">372</span><span class="hljs-keyword">c</span><span class="hljs-number">1</span>a<span class="hljs-number">6</span>a<span class="hljs-number">246</span>ae<span class="hljs-number">63</span>f<span class="hljs-number">74</span>f<span class="hljs-number">931e8365</span>e<span class="hljs-number">15</span>a<span class="hljs-number">089</span><span class="hljs-keyword">c</span><span class="hljs-number">68</span>d<span class="hljs-number">6190000000000</span>fdd<span class="hljs-number">82</span>efd<span class="hljs-number">011200000000000186</span>a<span class="hljs-number">0</span>fda<span class="hljs-number">7103</span>b<span class="hljs-number">030e52657075626</span><span class="hljs-keyword">c</span><span class="hljs-number">6963616e5</span>f<span class="hljs-number">77696e00000000000000000</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696e00000000000186</span>a<span class="hljs-number">0056</span>f<span class="hljs-number">74686572000000000000</span>ea<span class="hljs-number">60</span>fda<span class="hljs-number">712</span><span class="hljs-keyword">c</span><span class="hljs-number">7</span>fdd<span class="hljs-number">824</span><span class="hljs-keyword">c</span><span class="hljs-number">3988</span>fabec<span class="hljs-number">9820690</span>f<span class="hljs-number">366271</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span>ceac<span class="hljs-number">00</span>fbec<span class="hljs-number">1412075</span>f<span class="hljs-number">9</span>b<span class="hljs-number">319</span>bb<span class="hljs-number">0</span>db<span class="hljs-number">1</span>f<span class="hljs-number">86460519</span>dd<span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">61478949</span>f<span class="hljs-number">2</span><span class="hljs-keyword">c</span><span class="hljs-number">00</span><span class="hljs-keyword">c</span><span class="hljs-number">35</span>aeb<span class="hljs-number">8e53</span>a<span class="hljs-number">1507616072</span>cb<span class="hljs-number">802891e2</span><span class="hljs-keyword">c</span><span class="hljs-number">189</span>a<span class="hljs-number">9</span>fa<span class="hljs-number">65</span>a<span class="hljs-number">0493</span>de<span class="hljs-number">5</span>d<span class="hljs-number">3</span>b<span class="hljs-number">04</span>a<span class="hljs-number">6</span>d<span class="hljs-number">7</span>b<span class="hljs-number">90</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">43</span><span class="hljs-keyword">c</span><span class="hljs-number">09</span>ebe<span class="hljs-number">5250</span>d<span class="hljs-number">583e1</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>fc<span class="hljs-number">423219</span>b<span class="hljs-number">26</span>f<span class="hljs-number">6</span>a<span class="hljs-number">02</span>ec<span class="hljs-number">394</span>a<span class="hljs-number">130000</span>afdd<span class="hljs-number">8225</span>f<span class="hljs-number">0001</span>ae<span class="hljs-number">3e30</span>df<span class="hljs-number">5</span>a<span class="hljs-number">203</span>ad<span class="hljs-number">10</span>ee<span class="hljs-number">89</span>a<span class="hljs-number">909</span>df<span class="hljs-number">0</span><span class="hljs-keyword">c</span><span class="hljs-number">8</span>ccea<span class="hljs-number">4836e94</span>e<span class="hljs-number">0</span>a<span class="hljs-number">5</span>d<span class="hljs-number">34</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>cdab<span class="hljs-number">758</span>fcaee<span class="hljs-number">1460189600</span>fdd<span class="hljs-number">8062400030e52657075626</span><span class="hljs-keyword">c</span><span class="hljs-number">6963616e5</span>f<span class="hljs-number">77696e0</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696e056</span>f<span class="hljs-number">7468657210323032302</span>d<span class="hljs-number">75732</span>d<span class="hljs-number">656</span><span class="hljs-keyword">c</span><span class="hljs-number">656374696</span>f<span class="hljs-number">6e02869</span>f<span class="hljs-number">5</span>d<span class="hljs-number">3931620521</span>f<span class="hljs-number">3</span>eef<span class="hljs-number">85</span><span class="hljs-keyword">c</span><span class="hljs-number">0e7</span>adf<span class="hljs-number">64</span>a<span class="hljs-number">4</span>db<span class="hljs-number">330</span>d<span class="hljs-number">2</span>dfde<span class="hljs-number">3</span>aa<span class="hljs-number">871172274</span>f<span class="hljs-number">210</span>fe<span class="hljs-number">0001600141</span>df<span class="hljs-number">0</span>a<span class="hljs-number">84</span>b<span class="hljs-number">2</span>d<span class="hljs-number">2e611</span>dd<span class="hljs-number">595101</span>bfed<span class="hljs-number">6320143</span><span class="hljs-keyword">c</span><span class="hljs-number">47</span>ebbae<span class="hljs-number">7</span>b<span class="hljs-number">7</span>a<span class="hljs-number">0</span>db<span class="hljs-number">8657</span>d<span class="hljs-number">43000000000000</span>ea<span class="hljs-number">600001</span>fda<span class="hljs-number">714</span>fd<span class="hljs-number">01</span>b<span class="hljs-number">3875502</span>aad<span class="hljs-number">4</span>b<span class="hljs-number">013</span>d<span class="hljs-number">8019</span>d<span class="hljs-number">02000000000102</span>b<span class="hljs-number">3</span>cb<span class="hljs-number">67</span>fcadc<span class="hljs-number">31</span>bfbe<span class="hljs-number">996</span>d<span class="hljs-number">12420e2843242</span>ebcb<span class="hljs-number">1885</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span>f<span class="hljs-number">81327</span>bc<span class="hljs-number">9</span>a<span class="hljs-number">0728</span>ad<span class="hljs-number">815</span>d<span class="hljs-number">0000000000</span>fdffffffb<span class="hljs-number">3</span>cb<span class="hljs-number">67</span>fcadc<span class="hljs-number">31</span>bfbe<span class="hljs-number">996</span>d<span class="hljs-number">12420e2843242</span>ebcb<span class="hljs-number">1885</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span>f<span class="hljs-number">81327</span>bc<span class="hljs-number">9</span>a<span class="hljs-number">0728</span>ad<span class="hljs-number">815</span>d<span class="hljs-number">0100000000</span>fdffffff<span class="hljs-number">039e88010000000000220020</span>e<span class="hljs-number">15</span>f<span class="hljs-number">5</span>ed<span class="hljs-number">79</span>f<span class="hljs-number">651</span>a<span class="hljs-number">30</span>dc<span class="hljs-number">159</span>b<span class="hljs-number">015</span>cd<span class="hljs-number">26</span>b<span class="hljs-number">76e26</span><span class="hljs-keyword">c</span><span class="hljs-number">2832</span>d<span class="hljs-number">660</span><span class="hljs-keyword">c</span><span class="hljs-number">00365</span>ae<span class="hljs-number">27</span>aa<span class="hljs-number">70</span>cf<span class="hljs-number">8</span>a<span class="hljs-number">818</span>ddcd<span class="hljs-number">80000000000160014</span>b<span class="hljs-number">09</span>f<span class="hljs-number">423</span>de<span class="hljs-number">7</span><span class="hljs-keyword">c</span><span class="hljs-number">54</span>d<span class="hljs-number">96</span>bdc<span class="hljs-number">4173689</span>dcbe<span class="hljs-number">2084165</span>d<span class="hljs-number">6</span>ee<span class="hljs-number">1</span>b<span class="hljs-number">0e602000000001600146</span>b<span class="hljs-number">34</span>fc<span class="hljs-number">04227</span>d<span class="hljs-number">45</span>f<span class="hljs-number">792e6</span>baddfc<span class="hljs-number">098</span><span class="hljs-keyword">cc</span><span class="hljs-number">3</span>b<span class="hljs-number">74</span>a<span class="hljs-number">000e0247304402203</span>aead<span class="hljs-number">2</span>ad<span class="hljs-number">391e573</span>d<span class="hljs-number">27</span>f<span 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class="hljs-number">3</span>feb<span class="hljs-number">813594</span>ee<span class="hljs-number">902207</span>b<span class="hljs-number">11</span>ad<span class="hljs-number">746</span>d<span class="hljs-number">981</span>d<span class="hljs-number">49</span>d<span class="hljs-number">61</span>fa<span class="hljs-number">8</span>d<span class="hljs-number">6</span>a<span class="hljs-number">40</span><span class="hljs-keyword">c</span><span class="hljs-number">35</span>de<span class="hljs-number">7</span>eb<span class="hljs-number">2</span>fd<span class="hljs-number">06</span>ab<span class="hljs-number">673</span>fa<span class="hljs-number">8</span>f<span class="hljs-number">5</span>d<span class="hljs-number">4</span>b<span class="hljs-number">210467080</span>ea<span class="hljs-number">012102</span>da<span class="hljs-number">67</span>b<span class="hljs-number">76</span>b<span class="hljs-number">763</span>ac<span class="hljs-number">07</span>b<span class="hljs-number">9574</span>a<span class="hljs-number">0</span>f<span class="hljs-number">9</span>eb<span class="hljs-number">87</span>cf<span class="hljs-number">45</span>a<span class="hljs-number">71</span>b<span class="hljs-number">7</span>b<span class="hljs-number">95</span><span class="hljs-keyword">c</span><span class="hljs-number">5446</span>ab<span class="hljs-number">49845771e08</span>dce<span class="hljs-number">0</span>a<span class="hljs-number">00000000000000001</span>fffffffd<span class="hljs-number">006</span>b<span class="hljs-number">000000160014</span>eff<span class="hljs-number">30273</span>b<span class="hljs-number">9</span>aa<span class="hljs-number">3</span>feb<span class="hljs-number">39</span>fee<span class="hljs-number">0916</span>a<span class="hljs-number">09</span>bf<span class="hljs-number">2</span><span class="hljs-keyword">c</span><span class="hljs-number">2477</span>df<span class="hljs-number">0</span>a<span class="hljs-number">1</span><span class="hljs-keyword">c</span><span class="hljs-number">94</span>a<span class="hljs-number">347</span>be<span class="hljs-number">0</span>eddf<span class="hljs-number">79</span>fb<span class="hljs-number">7</span>cdd<span class="hljs-number">1</span>df<span class="hljs-number">256</span>b<span class="hljs-number">830000000000000001000</span>abf<span class="hljs-number">99000</span>ac<span class="hljs-number">389</span>
{
<span class="hljs-string">"contractFlags"</span>: <span class="hljs-string">"0"</span>,
<span class="hljs-string">"chainHash"</span>: <span class="hljs-string">"6fe28c0ab6f1b372c1a6a246ae63f74f931e8365e15a089c68d6190000000000"</span>,
<span class="hljs-string">"contractInfo"</span>: {
<span class="hljs-string">"totalCollateral"</span>: <span class="hljs-number">100000</span>,
<span class="hljs-string">"contractDescriptor"</span>: {
<span class="hljs-string">"outcomes"</span>: {
<span class="hljs-string">"Republican_win"</span>: <span class="hljs-number">0</span>,
<span class="hljs-string">"Democrat_win"</span>: <span class="hljs-number">100000</span>,
<span class="hljs-string">"other"</span>: <span class="hljs-number">60000</span>
}
},
<span class="hljs-string">"oracleInfo"</span>: {
<span class="hljs-string">"announcement"</span>: {
<span class="hljs-string">"announcementSignature"</span>: <span class="hljs-string">"988fabec9820690f366271c9ceac00fbec1412075f9b319bb0db1f86460519dd9c61478949f2c00c35aeb8e53a1507616072cb802891e2c189a9fa65a0493de5"</span>,
<span class="hljs-string">"publicKey"</span>: <span class="hljs-string">"d3b04a6d7b90c9c43c09ebe5250d583e1c3fc423219b26f6a02ec394a130000a"</span>,
<span class="hljs-string">"event"</span>: {
<span class="hljs-string">"nonces"</span>: [
<span class="hljs-string">"ae3e30df5a203ad10ee89a909df0c8ccea4836e94e0a5d34c3cdab758fcaee14"</span>
],
<span class="hljs-string">"maturity"</span>: <span class="hljs-string">"2021-02-02T00:00:00Z"</span>,
<span class="hljs-string">"descriptor"</span>: {
<span class="hljs-string">"outcomes"</span>: [
<span class="hljs-string">"Republican_win"</span>,
<span class="hljs-string">"Democrat_win"</span>,
<span class="hljs-string">"other"</span>
]
},
<span class="hljs-string">"eventId"</span>: <span class="hljs-string">"2020-us-election"</span>
}
}
}
},
<span class="hljs-string">"fundingPubKey"</span>: <span class="hljs-string">"02869f5d3931620521f3eef85c0e7adf64a4db330d2dfde3aa871172274f210fe0"</span>,
<span class="hljs-string">"payoutSPK"</span>: <span class="hljs-string">"1600141df0a84b2d2e611dd595101bfed6320143c47ebb"</span>,
<span class="hljs-string">"payoutSerialId"</span>: <span class="hljs-number">1.2572776984081695E19</span>,
<span class="hljs-string">"offerCollateral"</span>: <span class="hljs-number">60000</span>,
<span class="hljs-string">"fundingInputs"</span>: [
{
<span class="hljs-string">"inputSerialId"</span>: <span class="hljs-number">9.751703500876681E18</span>,
<span class="hljs-string">"prevTx"</span>: <span class="hljs-string">"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"</span>,
<span class="hljs-string">"prevTxVout"</span>: <span class="hljs-number">1</span>,
<span class="hljs-string">"sequence"</span>: <span class="hljs-number">4294967293</span>,
<span class="hljs-string">"maxWitnessLen"</span>: <span class="hljs-number">107</span>,
<span class="hljs-string">"redeemScript"</span>: <span class="hljs-keyword">null</span>
}
],
<span class="hljs-string">"changeSPK"</span>: <span class="hljs-string">"160014eff30273b9aa3feb39fee0916a09bf2c2477df0a"</span>,
<span class="hljs-string">"changeSerialId"</span>: <span class="hljs-number">2059450458141810176</span>,
<span class="hljs-string">"fundOutputSerialId"</span>: <span class="hljs-number">1.1508893674044221E19</span>,
<span class="hljs-string">"feeRatePerVb"</span>: <span class="hljs-number">1</span>,
<span class="hljs-string">"cetLocktime"</span>: <span class="hljs-number">0</span>,
<span class="hljs-string">"refundLocktime"</span>: <span class="hljs-number">705417</span>
}
</code></pre>
<p>The final thing Alice needs to give bob is here wallet's tor address. This is used to interactively
build and verify contract execution transactions (CET). This can be done in a manual fashion, but I'm skipping
this for the sake of brevity and better UX. Please contact me if you would like manual steps with no built in networking.</p>
<p>Alice can retrieve her dlc host address with</p>
<pre><code class="hljs"><span class="hljs-keyword">.</span>/bitcoin-s-cli getdlchostaddress
v573gl64h5zik544qvi725vxliiwwpsedarsziidp254u3cfnxlp6zqd.onion:2862
</code></pre>
<p>She always needs to send this Bob.</p>
<h4><a class="anchor" aria-hidden="true" id="accept"></a><a href="#accept" aria-hidden="true" class="hash-link"><svg class="hash-link-icon" aria-hidden="true" height="16" version="1.1" viewBox="0 0 16 16" width="16"><path fill-rule="evenodd" d="M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z"></path></svg></a>Accept</h4>
<p>Once Bob has received Alice's dlc host address and the offer, and reviews the terms of the offer with <code>decodeoffer</code>, he
can accept the offer.</p>
<pre><code class="hljs">./bitcoin-s-cli acceptdlc a<span class="hljs-number">71</span>a<span class="hljs-number">006</span>fe<span class="hljs-number">28</span><span class="hljs-keyword">c</span><span class="hljs-number">0</span>ab<span class="hljs-number">6</span>f<span class="hljs-number">1</span>b<span class="hljs-number">372</span><span class="hljs-keyword">c</span><span class="hljs-number">1</span>a<span class="hljs-number">6</span>a<span class="hljs-number">246</span>ae<span class="hljs-number">63</span>f<span class="hljs-number">74</span>f<span class="hljs-number">931e8365</span>e<span class="hljs-number">15</span>a<span class="hljs-number">089</span><span class="hljs-keyword">c</span><span class="hljs-number">68</span>d<span class="hljs-number">6190000000000</span>fdd<span class="hljs-number">82</span>efd<span class="hljs-number">011200000000000186</span>a<span class="hljs-number">0</span>fda<span class="hljs-number">7103</span>b<span class="hljs-number">030e52657075626</span><span class="hljs-keyword">c</span><span class="hljs-number">6963616e5</span>f<span class="hljs-number">77696e00000000000000000</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696e00000000000186</span>a<span class="hljs-number">0056</span>f<span class="hljs-number">74686572000000000000</span>ea<span class="hljs-number">60</span>fda<span class="hljs-number">712</span><span class="hljs-keyword">c</span><span class="hljs-number">7</span>fdd<span class="hljs-number">824</span><span class="hljs-keyword">c</span><span class="hljs-number">3988</span>fabec<span class="hljs-number">9820690</span>f<span class="hljs-number">366271</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span>ceac<span class="hljs-number">00</span>fbec<span class="hljs-number">1412075</span>f<span class="hljs-number">9</span>b<span class="hljs-number">319</span>bb<span class="hljs-number">0</span>db<span class="hljs-number">1</span>f<span class="hljs-number">86460519</span>dd<span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">61478949</span>f<span class="hljs-number">2</span><span class="hljs-keyword">c</span><span class="hljs-number">00</span><span class="hljs-keyword">c</span><span class="hljs-number">35</span>aeb<span class="hljs-number">8e53</span>a<span class="hljs-number">1507616072</span>cb<span class="hljs-number">802891e2</span><span class="hljs-keyword">c</span><span class="hljs-number">189</span>a<span class="hljs-number">9</span>fa<span class="hljs-number">65</span>a<span class="hljs-number">0493</span>de<span class="hljs-number">5</span>d<span class="hljs-number">3</span>b<span class="hljs-number">04</span>a<span class="hljs-number">6</span>d<span class="hljs-number">7</span>b<span class="hljs-number">90</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">43</span><span class="hljs-keyword">c</span><span class="hljs-number">09</span>ebe<span class="hljs-number">5250</span>d<span class="hljs-number">583e1</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>fc<span class="hljs-number">423219</span>b<span class="hljs-number">26</span>f<span class="hljs-number">6</span>a<span class="hljs-number">02</span>ec<span class="hljs-number">394</span>a<span class="hljs-number">130000</span>afdd<span class="hljs-number">8225</span>f<span class="hljs-number">0001</span>ae<span class="hljs-number">3e30</span>df<span class="hljs-number">5</span>a<span class="hljs-number">203</span>ad<span class="hljs-number">10</span>ee<span class="hljs-number">89</span>a<span class="hljs-number">909</span>df<span class="hljs-number">0</span><span class="hljs-keyword">c</span><span class="hljs-number">8</span>ccea<span class="hljs-number">4836e94</span>e<span class="hljs-number">0</span>a<span class="hljs-number">5</span>d<span class="hljs-number">34</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>cdab<span class="hljs-number">758</span>fcaee<span class="hljs-number">1460189600</span>fdd<span class="hljs-number">8062400030e52657075626</span><span class="hljs-keyword">c</span><span class="hljs-number">6963616e5</span>f<span class="hljs-number">77696e0</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696e056</span>f<span class="hljs-number">7468657210323032302</span>d<span class="hljs-number">75732</span>d<span class="hljs-number">656</span><span class="hljs-keyword">c</span><span class="hljs-number">656374696</span>f<span class="hljs-number">6e02869</span>f<span class="hljs-number">5</span>d<span class="hljs-number">3931620521</span>f<span class="hljs-number">3</span>eef<span class="hljs-number">85</span><span class="hljs-keyword">c</span><span class="hljs-number">0e7</span>adf<span class="hljs-number">64</span>a<span class="hljs-number">4</span>db<span class="hljs-number">330</span>d<span class="hljs-number">2</span>dfde<span class="hljs-number">3</span>aa<span class="hljs-number">871172274</span>f<span class="hljs-number">210</span>fe<span class="hljs-number">0001600141</span>df<span class="hljs-number">0</span>a<span class="hljs-number">84</span>b<span class="hljs-number">2</span>d<span class="hljs-number">2e611</span>dd<span class="hljs-number">595101</span>bfed<span class="hljs-number">6320143</span><span class="hljs-keyword">c</span><span class="hljs-number">47</span>ebbae<span class="hljs-number">7</span>b<span class="hljs-number">7</span>a<span class="hljs-number">0</span>db<span class="hljs-number">8657</span>d<span class="hljs-number">43000000000000</span>ea<span class="hljs-number">600001</span>fda<span class="hljs-number">714</span>fd<span class="hljs-number">01</span>b<span class="hljs-number">3875502</span>aad<span class="hljs-number">4</span>b<span class="hljs-number">013</span>d<span class="hljs-number">8019</span>d<span class="hljs-number">02000000000102</span>b<span class="hljs-number">3</span>cb<span class="hljs-number">67</span>fcadc<span class="hljs-number">31</span>bfbe<span class="hljs-number">996</span>d<span class="hljs-number">12420e2843242</span>ebcb<span class="hljs-number">1885</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span>f<span class="hljs-number">81327</span>bc<span class="hljs-number">9</span>a<span class="hljs-number">0728</span>ad<span class="hljs-number">815</span>d<span class="hljs-number">0000000000</span>fdffffffb<span class="hljs-number">3</span>cb<span class="hljs-number">67</span>fcadc<span class="hljs-number">31</span>bfbe<span class="hljs-number">996</span>d<span class="hljs-number">12420e2843242</span>ebcb<span class="hljs-number">1885</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span>f<span class="hljs-number">81327</span>bc<span class="hljs-number">9</span>a<span class="hljs-number">0728</span>ad<span class="hljs-number">815</span>d<span class="hljs-number">0100000000</span>fdffffff<span class="hljs-number">039e88010000000000220020</span>e<span class="hljs-number">15</span>f<span class="hljs-number">5</span>ed<span class="hljs-number">79</span>f<span class="hljs-number">651</span>a<span class="hljs-number">30</span>dc<span class="hljs-number">159</span>b<span class="hljs-number">015</span>cd<span class="hljs-number">26</span>b<span class="hljs-number">76e26</span><span class="hljs-keyword">c</span><span class="hljs-number">2832</span>d<span class="hljs-number">660</span><span class="hljs-keyword">c</span><span class="hljs-number">00365</span>ae<span class="hljs-number">27</span>aa<span class="hljs-number">70</span>cf<span class="hljs-number">8</span>a<span class="hljs-number">818</span>ddcd<span class="hljs-number">80000000000160014</span>b<span class="hljs-number">09</span>f<span class="hljs-number">423</span>de<span class="hljs-number">7</span><span class="hljs-keyword">c</span><span class="hljs-number">54</span>d<span class="hljs-number">96</span>bdc<span class="hljs-number">4173689</span>dcbe<span class="hljs-number">2084165</span>d<span class="hljs-number">6</span>ee<span class="hljs-number">1</span>b<span class="hljs-number">0e602000000001600146</span>b<span class="hljs-number">34</span>fc<span class="hljs-number">04227</span>d<span class="hljs-number">45</span>f<span class="hljs-number">792e6</span>baddfc<span class="hljs-number">098</span><span class="hljs-keyword">cc</span><span class="hljs-number">3</span>b<span class="hljs-number">74</span>a<span class="hljs-number">000e0247304402203</span>aead<span class="hljs-number">2</span>ad<span class="hljs-number">391e573</span>d<span class="hljs-number">27</span>f<span class="hljs-number">3</span>f<span class="hljs-number">81</span>bab<span class="hljs-number">703</span>eae<span class="hljs-number">6712</span>f<span class="hljs-number">4</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>ff<span class="hljs-number">6985e683</span>f<span class="hljs-number">551</span>d<span class="hljs-number">606925e58022042</span>fdbc<span class="hljs-number">5921</span>f<span class="hljs-number">569</span>f<span class="hljs-number">0016</span>bd<span class="hljs-number">86</span>fbd<span class="hljs-number">98</span>fa<span class="hljs-number">2</span>a<span class="hljs-number">19792606439</span>fec<span class="hljs-number">818054801</span>d<span class="hljs-number">59</span>d<span class="hljs-number">1297e0121036</span>cb<span class="hljs-number">7209</span>a<span class="hljs-number">4</span>d<span class="hljs-number">6</span>ef<span class="hljs-number">8</span>af<span class="hljs-number">38106</span>fc<span class="hljs-number">109908</span>d<span class="hljs-number">7</span>ef<span class="hljs-number">88</span>f<span class="hljs-number">80</span>f<span class="hljs-number">1265</span>a<span class="hljs-number">4</span>b<span class="hljs-number">392</span>adc<span class="hljs-number">95</span>ccfed<span class="hljs-number">3362</span>a<span class="hljs-number">0247304402203</span>b<span class="hljs-number">55</span><span class="hljs-keyword">c</span><span class="hljs-number">699</span>d<span class="hljs-number">340</span>d<span class="hljs-number">128</span><span class="hljs-keyword">c</span><span class="hljs-number">124</span>fc<span class="hljs-number">21834069</span>a<span class="hljs-number">3e68</span>ba<span class="hljs-number">2</span>cb<span class="hljs-number">4</span>bfbf<span class="hljs-number">7</span><span class="hljs-keyword">c</span><span class="hljs-number">6</span>d<span class="hljs-number">8</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>feb<span class="hljs-number">813594</span>ee<span class="hljs-number">902207</span>b<span class="hljs-number">11</span>ad<span class="hljs-number">746</span>d<span class="hljs-number">981</span>d<span class="hljs-number">49</span>d<span class="hljs-number">61</span>fa<span class="hljs-number">8</span>d<span class="hljs-number">6</span>a<span class="hljs-number">40</span><span class="hljs-keyword">c</span><span class="hljs-number">35</span>de<span class="hljs-number">7</span>eb<span class="hljs-number">2</span>fd<span class="hljs-number">06</span>ab<span class="hljs-number">673</span>fa<span class="hljs-number">8</span>f<span class="hljs-number">5</span>d<span class="hljs-number">4</span>b<span class="hljs-number">210467080</span>ea<span class="hljs-number">012102</span>da<span class="hljs-number">67</span>b<span class="hljs-number">76</span>b<span class="hljs-number">763</span>ac<span class="hljs-number">07</span>b<span class="hljs-number">9574</span>a<span class="hljs-number">0</span>f<span class="hljs-number">9</span>eb<span class="hljs-number">87</span>cf<span class="hljs-number">45</span>a<span class="hljs-number">71</span>b<span class="hljs-number">7</span>b<span class="hljs-number">95</span><span class="hljs-keyword">c</span><span class="hljs-number">5446</span>ab<span class="hljs-number">49845771e08</span>dce<span class="hljs-number">0</span>a<span class="hljs-number">00000000000000001</span>fffffffd<span class="hljs-number">006</span>b<span class="hljs-number">000000160014</span>eff<span class="hljs-number">30273</span>b<span class="hljs-number">9</span>aa<span class="hljs-number">3</span>feb<span class="hljs-number">39</span>fee<span class="hljs-number">0916</span>a<span class="hljs-number">09</span>bf<span class="hljs-number">2</span><span class="hljs-keyword">c</span><span class="hljs-number">2477</span>df<span class="hljs-number">0</span>a<span class="hljs-number">1</span><span class="hljs-keyword">c</span><span class="hljs-number">94</span>a<span class="hljs-number">347</span>be<span class="hljs-number">0</span>eddf<span class="hljs-number">79</span>fb<span class="hljs-number">7</span>cdd<span class="hljs-number">1</span>df<span class="hljs-number">256</span>b<span class="hljs-number">830000000000000001000</span>abf<span class="hljs-number">99000</span>ac<span class="hljs-number">389</span> v<span class="hljs-number">573</span>gl<span class="hljs-number">64</span>h<span class="hljs-number">5</span>zik<span class="hljs-number">544</span>qv<span class="hljs-keyword">i725</span>vxliiwwpsedarsziidp<span class="hljs-number">254</span>u<span class="hljs-number">3</span>cfnxlp<span class="hljs-number">6</span>zqd.onion:<span class="hljs-number">2862</span>
</code></pre>
<p>Currently this RPC doesn't return anything, but if you look at logs you should see your funding tx broadcast.
You can find logs at <code>~/.bitcoin-s/{mainnet,testnet3,regtest}/bitcoin-s.log</code></p>
<pre><code class="hljs">[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">02</span>:<span class="hljs-number">52</span>UTC INFO [DLCClient] connecting to SOCKS5 proxy localhost/<span class="hljs-number">127.0</span><span class="hljs-number">.0</span><span class="hljs-number">.1</span>:<span class="hljs-number">49196</span>
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">02</span>:<span class="hljs-number">52</span>UTC INFO [DLCClient] connected to SOCKS5 proxy localhost/<span class="hljs-number">127.0</span><span class="hljs-number">.0</span><span class="hljs-number">.1</span>:<span class="hljs-number">49196</span>
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">02</span>:<span class="hljs-number">52</span>UTC INFO [DLCClient] connecting to v573gl64h5zik544qvi725vxliiwwpsedarsziidp254u3cfnxlp6zqd.onion/&lt;unresolved&gt;:<span class="hljs-number">2862</span> via SOCKS5 localhost/<span class="hljs-number">127.0</span><span class="hljs-number">.0</span><span class="hljs-number">.1</span>:<span class="hljs-number">49196</span>
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">02</span>UTC INFO [DLCClient] connected to v573gl64h5zik544qvi725vxliiwwpsedarsziidp254u3cfnxlp6zqd.onion/&lt;unresolved&gt;:<span class="hljs-number">2862</span> via SOCKS5 proxy localhost/<span class="hljs-number">127.0</span><span class="hljs-number">.0</span><span class="hljs-number">.1</span>:<span class="hljs-number">49196</span>
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">02</span>UTC INFO [DLCDataHandler] Received LnMessage DLCOfferTLV
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">02</span>UTC INFO [DLCWallet$DLCWalletImpl] Creating DLC Accept <span class="hljs-keyword">for</span> tempContractId a4e127a34eb1fc998018bfc4a7e1a6943f6588d765b1e36ca6b9c7cc67b7eaa8
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">03</span>UTC INFO [DLCWallet$DLCWalletImpl] Spending UTXOs: <span class="hljs-number">3</span>ef93b35f692ce8f7ee0cfeb034941dec751fd9237624482d447964cbca1b766:<span class="hljs-number">0</span>
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">03</span>UTC INFO [DLCWallet$DLCWalletImpl] UTXO <span class="hljs-number">0</span> details: TransactionOutput(<span class="hljs-number">4466999</span> sats,wpkh(dca26092b7540ba1c7bea286f73955a7cb247dd9))
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">03</span>UTC INFO [DLCWallet$DLCWalletImpl] Creating CET Sigs <span class="hljs-keyword">for</span> a995aeca167f1c28c2b936e5bb4d87cba061dd9147217501c3523e377fd23439
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">03</span>UTC INFO [DLCWallet$DLCWalletImpl] Created DLCAccept <span class="hljs-keyword">for</span> tempContractId a4e127a34eb1fc998018bfc4a7e1a6943f6588d765b1e36ca6b9c7cc67b7eaa8 with contract Id a995aeca167f1c28c2b936e5bb4d87cba061dd9147217501c3523e377fd23439
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">04</span>UTC INFO [DLCDataHandler] Received LnMessage DLCSignTLV
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">04</span>UTC INFO [DLCWallet$DLCWalletImpl] Verifying CET Signatures <span class="hljs-keyword">for</span> contract a995aeca167f1c28c2b936e5bb4d87cba061dd9147217501c3523e377fd23439
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">04</span>UTC INFO [DLCWallet$DLCWalletImpl] CET Signatures are valid <span class="hljs-keyword">for</span> contract a995aeca167f1c28c2b936e5bb4d87cba061dd9147217501c3523e377fd23439
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">04</span>UTC INFO [DLCWallet$DLCWalletImpl] Verifying <span class="hljs-number">1</span> funding sigs <span class="hljs-keyword">for</span> contract a995aeca167f1c28c2b936e5bb4d87cba061dd9147217501c3523e377fd23439
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">05</span>UTC INFO [DLCWallet$DLCWalletImpl] DLC a995aeca167f1c28c2b936e5bb4d87cba061dd9147217501c3523e377fd23439 sigs are verified <span class="hljs-keyword">and</span> stored, ready to broadcast
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">05</span>UTC INFO [DLCWallet$DLCWalletImpl] Created funding transaction <span class="hljs-number">0</span>d74896958cee0b142a189211cac215f9f0455462290966d65ebf9fb1865de91 <span class="hljs-keyword">for</span> contract a995aeca167f1c28c2b936e5bb4d87cba061dd9147217501c3523e377fd23439
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">05</span>UTC INFO [DLCWallet$DLCWalletImpl] Broadcasting funding transaction <span class="hljs-number">0</span>d74896958cee0b142a189211cac215f9f0455462290966d65ebf9fb1865de91 <span class="hljs-keyword">for</span> contract a995aeca167f1c28c2b936e5bb4d87cba061dd9147217501c3523e377fd23439
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">05</span>UTC INFO [DLCWallet$DLCWalletImpl] Adding UTXO to wallet: <span class="hljs-number">91</span>de6518fbf9eb656d9690224655049f5f21ac1c2189a142b1e0ce586989740d:<span class="hljs-number">2</span> amt=<span class="hljs-number">4426788</span> sats
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">05</span>UTC INFO [DLCWallet$DLCWalletImpl] Successfully inserted UTXO <span class="hljs-number">91</span>de6518fbf9eb656d9690224655049f5f21ac1c2189a142b1e0ce586989740d:<span class="hljs-number">2</span> <span class="hljs-built_in">int</span>o DB
[info] <span class="hljs-number">2021</span><span class="hljs-number">-10</span><span class="hljs-number">-03</span>T21:<span class="hljs-number">03</span>:<span class="hljs-number">05</span>UTC INFO [DLCWallet$DLCWalletImpl] Processing tx <span class="hljs-number">0</span>d74896958cee0b142a189211cac215f9f0455462290966d65ebf9fb1865de91 <span class="hljs-keyword">for</span> <span class="hljs-number">1</span> DLC(s)
</code></pre>
<p>You can check the state of the DLC with <code>getdlcs</code></p>
<pre><code class="hljs">./bitcoin<span class="hljs-_">-s</span>-cli getdlcs
[
{
<span class="hljs-string">"state"</span>: <span class="hljs-string">"Broadcasted"</span>,
<span class="hljs-string">"dlcId"</span>: <span class="hljs-string">"2f1224d3ab1f2456d020e7777009153e2ee5db2d127b94774580e428f5a899b9"</span>,
<span class="hljs-string">"isInitiator"</span>: <span class="hljs-literal">false</span>,
<span class="hljs-string">"lastUpdated"</span>: <span class="hljs-string">"2021-10-03T21:03:05.539Z"</span>,
<span class="hljs-string">"tempContractId"</span>: <span class="hljs-string">"a4e127a34eb1fc998018bfc4a7e1a6943f6588d765b1e36ca6b9c7cc67b7eaa8"</span>,
<span class="hljs-string">"contractId"</span>: <span class="hljs-string">"a995aeca167f1c28c2b936e5bb4d87cba061dd9147217501c3523e377fd23439"</span>,
<span class="hljs-string">"contractInfo"</span>: <span class="hljs-string">"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"</span>,
<span class="hljs-string">"contractMaturity"</span>: 704409,
<span class="hljs-string">"contractTimeout"</span>: 705417,
<span class="hljs-string">"feeRate"</span>: 1,
<span class="hljs-string">"totalCollateral"</span>: 100000,
<span class="hljs-string">"localCollateral"</span>: 40000,
<span class="hljs-string">"remoteCollateral"</span>: 60000,
<span class="hljs-string">"fundingTxId"</span>: <span class="hljs-string">"0d74896958cee0b142a189211cac215f9f0455462290966d65ebf9fb1865de91"</span>
}
]
</code></pre>
<p>You can find things like the <code>fundingTxId</code>, <code>state</code>, <code>dlcId</code>, and <code>contractId</code> from this RPC call. Since we just
broadcast the funding transaction, the state of the DLC is <code>Broadcast</code>.</p>
<h3><a class="anchor" aria-hidden="true" id="settling-the-dlc"></a><a href="#settling-the-dlc" aria-hidden="true" class="hash-link"><svg class="hash-link-icon" aria-hidden="true" height="16" version="1.1" viewBox="0 0 16 16" width="16"><path fill-rule="evenodd" d="M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z"></path></svg></a>Settling the DLC</h3>
<p>Once the oracle has broadcast their attestations, a user can close out the DLC.
In this case of this example, you can find the oracle
attestations <a href="https://test.oracle.suredbits.com/announcement/8863cd80e1d37f668e27b84cbfed48541d671b4fed1462b86d547e7f13b5a9e4">on the oracle explorer</a></p>
<pre><code class="hljs">fdd<span class="hljs-number">8688010323032302</span>d<span class="hljs-number">75732</span>d<span class="hljs-number">656</span><span class="hljs-keyword">c</span><span class="hljs-number">656374696</span>f<span class="hljs-number">6</span>ed<span class="hljs-number">3</span>b<span class="hljs-number">04</span>a<span class="hljs-number">6</span>d<span class="hljs-number">7</span>b<span class="hljs-number">90</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">43</span><span class="hljs-keyword">c</span><span class="hljs-number">09</span>ebe<span class="hljs-number">5250</span>d<span class="hljs-number">583e1</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>fc<span class="hljs-number">423219</span>b<span class="hljs-number">26</span>f<span class="hljs-number">6</span>a<span class="hljs-number">02</span>ec<span class="hljs-number">394</span>a<span class="hljs-number">130000</span>a<span class="hljs-number">0001</span>ae<span class="hljs-number">3e30</span>df<span class="hljs-number">5</span>a<span class="hljs-number">203</span>ad<span class="hljs-number">10</span>ee<span class="hljs-number">89</span>a<span class="hljs-number">909</span>df<span class="hljs-number">0</span><span class="hljs-keyword">c</span><span class="hljs-number">8</span>ccea<span class="hljs-number">4836e94</span>e<span class="hljs-number">0</span>a<span class="hljs-number">5</span>d<span class="hljs-number">34</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>cdab<span class="hljs-number">758</span>fcaee<span class="hljs-number">1447</span>a<span class="hljs-number">59</span>ba<span class="hljs-number">58797e55</span>b<span class="hljs-number">967</span>aa<span class="hljs-number">79</span><span class="hljs-keyword">c</span><span class="hljs-number">89</span>ffec<span class="hljs-number">67023578009</span><span class="hljs-keyword">c</span><span class="hljs-number">4</span>dc<span class="hljs-number">1e3</span>dee<span class="hljs-number">2</span>fd<span class="hljs-number">75277993590</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696</span>e
</code></pre>
<p>We will need the contract id to close the DLC. This can be found using the <code>getdlcs</code> RPC.
Our contract id is <code>a995aeca167f1c28c2b936e5bb4d87cba061dd9147217501c3523e377fd23439</code></p>
<pre><code class="hljs">./bitcoin-s-cli executedlc a<span class="hljs-number">995</span>aeca<span class="hljs-number">167</span>f<span class="hljs-number">1</span><span class="hljs-keyword">c</span><span class="hljs-number">28</span><span class="hljs-keyword">c</span><span class="hljs-number">2</span>b<span class="hljs-number">936e5</span>bb<span class="hljs-number">4</span>d<span class="hljs-number">87</span>cba<span class="hljs-number">061</span>dd<span class="hljs-number">9147217501</span><span class="hljs-keyword">c</span><span class="hljs-number">3523e377</span>fd<span class="hljs-number">23439</span> fdd<span class="hljs-number">8688010323032302</span>d<span class="hljs-number">75732</span>d<span class="hljs-number">656</span><span class="hljs-keyword">c</span><span class="hljs-number">656374696</span>f<span class="hljs-number">6</span>ed<span class="hljs-number">3</span>b<span class="hljs-number">04</span>a<span class="hljs-number">6</span>d<span class="hljs-number">7</span>b<span class="hljs-number">90</span><span class="hljs-keyword">c</span><span class="hljs-number">9</span><span class="hljs-keyword">c</span><span class="hljs-number">43</span><span class="hljs-keyword">c</span><span class="hljs-number">09</span>ebe<span class="hljs-number">5250</span>d<span class="hljs-number">583e1</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>fc<span class="hljs-number">423219</span>b<span class="hljs-number">26</span>f<span class="hljs-number">6</span>a<span class="hljs-number">02</span>ec<span class="hljs-number">394</span>a<span class="hljs-number">130000</span>a<span class="hljs-number">0001</span>ae<span class="hljs-number">3e30</span>df<span class="hljs-number">5</span>a<span class="hljs-number">203</span>ad<span class="hljs-number">10</span>ee<span class="hljs-number">89</span>a<span class="hljs-number">909</span>df<span class="hljs-number">0</span><span class="hljs-keyword">c</span><span class="hljs-number">8</span>ccea<span class="hljs-number">4836e94</span>e<span class="hljs-number">0</span>a<span class="hljs-number">5</span>d<span class="hljs-number">34</span><span class="hljs-keyword">c</span><span class="hljs-number">3</span>cdab<span class="hljs-number">758</span>fcaee<span class="hljs-number">1447</span>a<span class="hljs-number">59</span>ba<span class="hljs-number">58797e55</span>b<span class="hljs-number">967</span>aa<span class="hljs-number">79</span><span class="hljs-keyword">c</span><span class="hljs-number">89</span>ffec<span class="hljs-number">67023578009</span><span class="hljs-keyword">c</span><span class="hljs-number">4</span>dc<span class="hljs-number">1e3</span>dee<span class="hljs-number">2</span>fd<span class="hljs-number">75277993590</span><span class="hljs-keyword">c</span><span class="hljs-number">44656</span>d<span class="hljs-number">6</span>f<span class="hljs-number">637261745</span>f<span class="hljs-number">77696</span>e
<span class="hljs-number">3</span>cad<span class="hljs-number">29</span>be<span class="hljs-number">34216e279</span>d<span class="hljs-number">13</span>f<span class="hljs-number">19153</span>f<span class="hljs-number">296</span><span class="hljs-keyword">c</span><span class="hljs-number">4e3</span>f<span class="hljs-number">8240</span>d<span class="hljs-number">4</span>a<span class="hljs-number">1</span>aa<span class="hljs-number">04</span>eb<span class="hljs-number">96</span>a<span class="hljs-number">3</span><span class="hljs-keyword">c</span><span class="hljs-number">275478</span><span class="hljs-keyword">c</span><span class="hljs-number">4</span>d<span class="hljs-number">1</span>
</code></pre>
<p>The thing returned is the CET's txid.</p>
<p>You've now settled your DLC :tada: :tada:</p>
</span></div></article></div><div class="docLastUpdate"><em>Last updated on 4/25/2022 by Nadav Kohen</em></div><div class="docs-prevnext"><a class="docs-prev button" href="/docs/wallet/backups"><span class="arrow-prev">← </span><span>Wallet Backups</span></a><a class="docs-next button" href="/docs/wallet/wallet-price-example"><span>Wallet Price Example</span><span class="arrow-next"> →</span></a></div></div></div><nav class="onPageNav"><ul class="toc-headings"><li><a href="#requirements-for-example">Requirements for example</a></li><li><a href="#us-2020-election">US 2020 election</a><ul class="toc-headings"><li><a href="#setting-up-the-election-bet">Setting up the election bet</a></li><li><a href="#building-funding-txdlcs-with-your-counterparty">Building funding tx/dlcs with your counterparty</a></li><li><a href="#settling-the-dlc">Settling the DLC</a></li></ul></li></ul></nav></div><footer class="nav-footer" id="footer"><section class="sitemap"><a href="/" class="nav-home"><img src="/img/favicon.ico" alt="bitcoin-s" width="66" height="58"/></a><div><h5>Docs</h5><a href="/docs/en/getting-started">Getting Started</a><a href="/docs/en/core/core-intro">Guides</a><a href="/api/org/bitcoins">API Reference</a></div><div><h5>Community</h5><a href="/en/users.html">User Showcase</a><a href="https://join.slack.com/t/suredbits/shared_invite/zt-eavycu0x-WQL7XOakzQo8tAy7jHHZUw" target="_blank" rel="noreferrer noopener">Slack</a><a href="https://gitter.im/bitcoin-s-core/">Gitter chat</a></div><div><h5>More</h5><a href="https://github.com/bitcoin-s/bitcoin-s">GitHub</a><a class="github-button" href="https://github.com/bitcoin-s/bitcoin-s" data-icon="octicon-star" data-count-href="/bitcoin-s/bitcoin-s-core/stargazers" data-show-count="true" data-count-aria-label="# stargazers on GitHub" aria-label="Star this project on GitHub">Star</a></div></section><section class="copyright">Copyright © 2022 Suredbits &amp; the bitcoin-s developers</section></footer></div><script type="text/javascript" src="https://cdn.jsdelivr.net/docsearch.js/1/docsearch.min.js"></script><script>
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