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<!DOCTYPE html><html lang="en"><head><meta charSet="utf-8"/><meta http-equiv="X-UA-Compatible" content="IE=edge"/><title>Executing A DLC with Bitcoin-S · bitcoin-s</title><meta name="viewport" content="width=device-width, initial-scale=1.0"/><meta name="generator" content="Docusaurus"/><meta name="description" content="## Executing A Discreet Log Contract (DLC)"/><meta name="docsearch:version" content="1.9.10"/><meta name="docsearch:language" content="en"/><meta property="og:title" content="Executing A DLC with Bitcoin-S · bitcoin-s"/><meta property="og:type" content="website"/><meta property="og:url" content="https://bitcoin-s.org/"/><meta property="og:description" content="## Executing A Discreet Log Contract (DLC)"/><meta property="og:image" content="https://bitcoin-s.org/img/undraw_online.svg"/><meta name="twitter:card" content="summary"/><meta name="twitter:image" content="https://bitcoin-s.org/img/undraw_tweetstorm.svg"/><link rel="shortcut icon" href="/img/favicon.ico"/><link rel="stylesheet" href="https://cdn.jsdelivr.net/docsearch.js/1/docsearch.min.css"/><link rel="stylesheet" href="//cdnjs.cloudflare.com/ajax/libs/highlight.js/9.12.0/styles/default.min.css"/><script>
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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/dlc.md" target="_blank" rel="noreferrer noopener">Edit</a><h1 id="__docusaurus" class="postHeaderTitle">Executing A DLC with Bitcoin-S</h1></header><article><div><span><h2><a class="anchor" aria-hidden="true" id="executing-a-discreet-log-contract-dlc"></a><a href="#executing-a-discreet-log-contract-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>Executing A Discreet Log Contract (DLC)</h2>
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<h2><a class="anchor" aria-hidden="true" id="step-1-get-bitcoin-s-setup"></a><a href="#step-1-get-bitcoin-s-setup" 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>Step 1: Get Bitcoin-S Setup</h2>
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<p>See the <a href="/docs/getting-setup">setup document</a>.</p>
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<h3><a class="anchor" aria-hidden="true" id="using-the-gui"></a><a href="#using-the-gui" 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>Using the GUI</h3>
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<p>To first start up the GUI you first need to start your bitcoin-s server and gui with</p>
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<pre><code class="hljs css language-bashrc">sbt bundle/<span class="hljs-keyword">run</span><span class="bash">
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</span></code></pre>
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<p>or if your bitcoin-s server is already running, you can run the standalone gui with</p>
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<pre><code class="hljs css language-bashrc">sbt gui/<span class="hljs-keyword">run</span><span class="bash">
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</span></code></pre>
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<p>or by following the instructions for building and running the GUI <a href="/docs/getting-setup#step-5-setting-up-a-bitcoin-s-server">here</a></p>
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<h2><a class="anchor" aria-hidden="true" id="step-2-agree-on-contract-terms"></a><a href="#step-2-agree-on-contract-terms" 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>Step 2: Agree On Contract Terms</h2>
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<p>Both parties must agree on all fields from the table below:</p>
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<table>
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<thead>
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<tr><th style="text-align:center">Field Name</th><th style="text-align:center">Description</th></tr>
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</thead>
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<tbody>
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<tr><td style="text-align:center">contractInfo</td><td style="text-align:center">Information about payouts and which oracles to use</td></tr>
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<tr><td style="text-align:center">collateral</td><td style="text-align:center">Number of sats the initiator is putting up</td></tr>
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<tr><td style="text-align:center">locktime</td><td style="text-align:center">Locktime of the CETs</td></tr>
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<tr><td style="text-align:center">refundlocktime</td><td style="text-align:center">Locktime of the Refund Transaction</td></tr>
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<tr><td style="text-align:center">feerate</td><td style="text-align:center">Fee rate in sats/vbyte</td></tr>
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</tbody>
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</table>
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<blockquote>
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<p>Note: if you wish to set up your own oracle for testing, you can do so by checking out our <a href="/docs/oracle/oracle-server">oracle rpc server</a> or <a href="https://github.com/bitcoin-s/krystal-bull">Krystal Bull</a></p>
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</blockquote>
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<h3><a class="anchor" aria-hidden="true" id="decoding-dlc-messages"></a><a href="#decoding-dlc-messages" 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>Decoding DLC Messages</h3>
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<p>With the cli tool you can decode dlc offers, contract infos, oracle announcements, and oracle attestations.
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This can be helpful for when developing on top of bitcoin-s and not having the proper DLC tooling to understand the messages.</p>
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<p>Examples:</p>
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<p>Decoding Offer:</p>
|
||
<pre><code class="hljs css language-bash">bitcoin<span class="hljs-_">-s</span>-cli decodeoffer 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
|
||
{
|
||
<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>: 69420,
|
||
<span class="hljs-string">"contractDescriptor"</span>: {
|
||
<span class="hljs-string">"outcomes"</span>: [
|
||
{
|
||
<span class="hljs-string">"outcome"</span>: <span class="hljs-string">"Yes"</span>,
|
||
<span class="hljs-string">"localPayout"</span>: 69420
|
||
},
|
||
{
|
||
<span class="hljs-string">"outcome"</span>: <span class="hljs-string">"No"</span>,
|
||
<span class="hljs-string">"localPayout"</span>: 0
|
||
}
|
||
]
|
||
},
|
||
<span class="hljs-string">"oracleInfo"</span>: {
|
||
<span class="hljs-string">"announcement"</span>: {
|
||
<span class="hljs-string">"announcementSignature"</span>: <span class="hljs-string">"d89fe4d84bdf96299d2e3664acda7e14001297f341afcaca91d3909f12988cb308f309625d89c078bf2268b174faf1c082f1f10bef55834af50b91d9a241ffb2"</span>,
|
||
<span class="hljs-string">"publicKey"</span>: <span class="hljs-string">"b8b005b07acf849ad2cec22107331dedbf5a607654fad4eafe39c278e27dde68"</span>,
|
||
<span class="hljs-string">"event"</span>: {
|
||
<span class="hljs-string">"nonces"</span>: [
|
||
<span class="hljs-string">"ef8bd9f4445543c63923dde8c00f60d649c445a7772ac4693136b2fd234fcc2f"</span>
|
||
],
|
||
<span class="hljs-string">"maturity"</span>: <span class="hljs-string">"2021-07-03T00:00:00Z"</span>,
|
||
<span class="hljs-string">"descriptor"</span>: {
|
||
<span class="hljs-string">"outcomes"</span>: [
|
||
<span class="hljs-string">"Yes"</span>,
|
||
<span class="hljs-string">"No"</span>
|
||
]
|
||
},
|
||
<span class="hljs-string">"eventId"</span>: <span class="hljs-string">"Does the mempool clear on 7/2/21"</span>
|
||
}
|
||
}
|
||
}
|
||
},
|
||
<span class="hljs-string">"fundingPubKey"</span>: <span class="hljs-string">"02279cf17c387d7101b08d90b2aeef46231957d9d3558f5871e62781a68e7d75c9"</span>,
|
||
<span class="hljs-string">"payoutSPK"</span>: <span class="hljs-string">"1600148dc81a3097bf28c6020eaf89cefae69c5f31aceb"</span>,
|
||
<span class="hljs-string">"payoutSerialId"</span>: 6729888050161701888,
|
||
<span class="hljs-string">"offerCollateral"</span>: 37000,
|
||
<span class="hljs-string">"fundingInputs"</span>: [
|
||
{
|
||
<span class="hljs-string">"inputSerialId"</span>: 7093787203812804608,
|
||
<span class="hljs-string">"prevTx"</span>: <span class="hljs-string">"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"</span>,
|
||
<span class="hljs-string">"prevTxVout"</span>: 2,
|
||
<span class="hljs-string">"sequence"</span>: 4294967293,
|
||
<span class="hljs-string">"maxWitnessLen"</span>: 107,
|
||
<span class="hljs-string">"redeemScript"</span>: null
|
||
}
|
||
],
|
||
<span class="hljs-string">"changeSPK"</span>: <span class="hljs-string">"160014d13be5f330b1ea9bbf61f68002b4465e02c341d9"</span>,
|
||
<span class="hljs-string">"changeSerialId"</span>: 1.6080068685336797E19,
|
||
<span class="hljs-string">"fundOutputSerialId"</span>: 9.390869355804355E18,
|
||
<span class="hljs-string">"feeRatePerVb"</span>: 10,
|
||
<span class="hljs-string">"cetLocktime"</span>: 0,
|
||
<span class="hljs-string">"refundLocktime"</span>: 1630627200
|
||
}
|
||
</code></pre>
|
||
<p>Decoding Contract Info:</p>
|
||
<pre><code class="hljs css language-bash">bitcoin<span class="hljs-_">-s</span>-cli decodecontractinfo fdd82ee40000000000010f2cfda7101802035965730000000000010f2c024e6f0000000000000000fda712bcfdd824b8d89fe4d84bdf96299d2e3664acda7e14001297f341afcaca91d3909f12988cb308f309625d89c078bf2268b174faf1c082f1f10bef55834af50b91d9a241ffb2b8b005b07acf849ad2cec22107331dedbf5a607654fad4eafe39c278e27dde68fdd822540001ef8bd9f4445543c63923dde8c00f60d649c445a7772ac4693136b2fd234fcc2f60dfa880fdd80609000203596573024e6f20446f657320746865206d656d706f6f6c20636c656172206f6e20372f322f3231
|
||
{
|
||
<span class="hljs-string">"totalCollateral"</span>: 69420,
|
||
<span class="hljs-string">"contractDescriptor"</span>: {
|
||
<span class="hljs-string">"outcomes"</span>: [
|
||
{
|
||
<span class="hljs-string">"outcome"</span>: <span class="hljs-string">"Yes"</span>,
|
||
<span class="hljs-string">"localPayout"</span>: 69420
|
||
},
|
||
{
|
||
<span class="hljs-string">"outcome"</span>: <span class="hljs-string">"No"</span>,
|
||
<span class="hljs-string">"localPayout"</span>: 0
|
||
}
|
||
]
|
||
},
|
||
<span class="hljs-string">"oracleInfo"</span>: {
|
||
<span class="hljs-string">"announcement"</span>: {
|
||
<span class="hljs-string">"announcementSignature"</span>: <span class="hljs-string">"d89fe4d84bdf96299d2e3664acda7e14001297f341afcaca91d3909f12988cb308f309625d89c078bf2268b174faf1c082f1f10bef55834af50b91d9a241ffb2"</span>,
|
||
<span class="hljs-string">"publicKey"</span>: <span class="hljs-string">"b8b005b07acf849ad2cec22107331dedbf5a607654fad4eafe39c278e27dde68"</span>,
|
||
<span class="hljs-string">"event"</span>: {
|
||
<span class="hljs-string">"nonces"</span>: [
|
||
<span class="hljs-string">"ef8bd9f4445543c63923dde8c00f60d649c445a7772ac4693136b2fd234fcc2f"</span>
|
||
],
|
||
<span class="hljs-string">"maturity"</span>: <span class="hljs-string">"2021-07-03T00:00:00Z"</span>,
|
||
<span class="hljs-string">"descriptor"</span>: {
|
||
<span class="hljs-string">"outcomes"</span>: [
|
||
<span class="hljs-string">"Yes"</span>,
|
||
<span class="hljs-string">"No"</span>
|
||
]
|
||
},
|
||
<span class="hljs-string">"eventId"</span>: <span class="hljs-string">"Does the mempool clear on 7/2/21"</span>
|
||
}
|
||
}
|
||
}
|
||
</code></pre>
|
||
<p>Decoding Oracle Announcement:</p>
|
||
<pre><code class="hljs css language-bash">bitcoin<span class="hljs-_">-s</span>-cli decodeannouncement fdd824b1585e18c3bc1d922854329fdb5a402713b161b7baebb6b6f3249936ef79c0a6671027afd7a1126d79e589811042eb4885c0cb7c150b4c4863a1e35a2ac432f7c81d5dcdba2e64cb116cc0c375a0856298f0058b778f46bfe625ac6576204889e4fdd8224d0001424c11a44c2e522f90bbe4abab6ec1bc8ab44c9b29316ce6e1d0d7d08385a474603c2e80fdd80609000203594553024e4f194254432d5553442d4f5645522d35304b2d434f494e42415345
|
||
{
|
||
<span class="hljs-string">"announcementSignature"</span>: <span class="hljs-string">"585e18c3bc1d922854329fdb5a402713b161b7baebb6b6f3249936ef79c0a6671027afd7a1126d79e589811042eb4885c0cb7c150b4c4863a1e35a2ac432f7c8"</span>,
|
||
<span class="hljs-string">"publicKey"</span>: <span class="hljs-string">"1d5dcdba2e64cb116cc0c375a0856298f0058b778f46bfe625ac6576204889e4"</span>,
|
||
<span class="hljs-string">"event"</span>: {
|
||
<span class="hljs-string">"nonces"</span>: [
|
||
<span class="hljs-string">"424c11a44c2e522f90bbe4abab6ec1bc8ab44c9b29316ce6e1d0d7d08385a474"</span>
|
||
],
|
||
<span class="hljs-string">"maturity"</span>: <span class="hljs-string">"2021-03-01T00:00:00Z"</span>,
|
||
<span class="hljs-string">"descriptor"</span>: {
|
||
<span class="hljs-string">"outcomes"</span>: [
|
||
<span class="hljs-string">"YES"</span>,
|
||
<span class="hljs-string">"NO"</span>
|
||
]
|
||
},
|
||
<span class="hljs-string">"eventId"</span>: <span class="hljs-string">"BTC-USD-OVER-50K-COINBASE"</span>
|
||
}
|
||
}
|
||
</code></pre>
|
||
<p>Decoding Oracle Attestations</p>
|
||
<pre><code class="hljs css language-bash">bitcoin<span class="hljs-_">-s</span>-cli decodeattestments fdd8687f194254432d5553442d4f5645522d35304b2d434f494e424153451d5dcdba2e64cb116cc0c375a0856298f0058b778f46bfe625ac6576204889e40001424c11a44c2e522f90bbe4abab6ec1bc8ab44c9b29316ce6e1d0d7d08385a474de6b75f1da183a2a4f9ad144b48bf1026cee9687221df58f04128db79ca17e2a024e4f
|
||
{
|
||
<span class="hljs-string">"eventId"</span>: <span class="hljs-string">"BTC-USD-OVER-50K-COINBASE"</span>,
|
||
<span class="hljs-string">"signatures"</span>: [
|
||
<span class="hljs-string">"424c11a44c2e522f90bbe4abab6ec1bc8ab44c9b29316ce6e1d0d7d08385a474de6b75f1da183a2a4f9ad144b48bf1026cee9687221df58f04128db79ca17e2a"</span>
|
||
],
|
||
<span class="hljs-string">"values"</span>: [
|
||
<span class="hljs-string">"NO"</span>
|
||
]
|
||
}
|
||
</code></pre>
|
||
<h2><a class="anchor" aria-hidden="true" id="step-3-set-up-the-dlc"></a><a href="#step-3-set-up-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>Step 3: Set up The DLC</h2>
|
||
<h3><a class="anchor" aria-hidden="true" id="using-the-gui-1"></a><a href="#using-the-gui-1" 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>Using the GUI</h3>
|
||
<p>If you're a visual learner there is a <a href="https://www.youtube.com/watch?v=zy1sL2ndcDg">video demo</a> that explains this process in detail.
|
||
But do note that this demonstrates the old non-adaptor version of DLCs so that the Offer, Accept, Sign protocol is the same, but the contents will be different.</p>
|
||
<p>If using a numeric contract and/or multiple oracles, messages can get very large and sometimes even too large to for the application.
|
||
To solve this there is an <code>Export to file</code> button located under the text box for the messages your wallet will construct.
|
||
This can be used to export a DLC message to a file and then the file can be sent to your counterparty.
|
||
If you receive a file from a counter-party, there is an <code>Import file</code> button on every dialog you input a DLC message.
|
||
This can be used to import the file of the DLC message from your counter-party.</p>
|
||
<h4><a class="anchor" aria-hidden="true" id="creating-the-offer"></a><a href="#creating-the-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>Creating The Offer</h4>
|
||
<p>Once the terms are agreed to, either party can use the <code>Offer</code> button and enter each of the fields from the table above.</p>
|
||
<h4><a class="anchor" aria-hidden="true" id="accepting-the-offer"></a><a href="#accepting-the-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>Accepting The Offer</h4>
|
||
<p>Upon receiving a DLC Offer from your counter-party, you can use the <code>Accept</code> button and paste in the DLC Offer.</p>
|
||
<h4><a class="anchor" aria-hidden="true" id="signing-the-dlc"></a><a href="#signing-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>Signing The DLC</h4>
|
||
<p>Upon receiving a DLC Accept message from your counter-party, you can use the <code>Sign</code> button and paste in the DLC Accept.</p>
|
||
<h4><a class="anchor" aria-hidden="true" id="adding-dlc-signatures-to-your-database"></a><a href="#adding-dlc-signatures-to-your-database" 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>Adding DLC Signatures To Your Database</h4>
|
||
<p>Upon receiving a DLC Sign message from your counter-party, add their signatures to your database using the <code>Add Sigs</code> button and paste in the message.
|
||
After doing so you can get the fully signed funding transaction using the <code>Get Funding Tx</code> button. This will return the fully signed serialized transaction.</p>
|
||
<h3><a class="anchor" aria-hidden="true" id="using-the-cli"></a><a href="#using-the-cli" 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>Using the CLI</h3>
|
||
<p>If using a numeric contract and/or multiple oracles, messages can get very large and sometimes even too large to for the application.
|
||
To solve this there are RPC calls where you can give a file instead of the entire DLC message.
|
||
To output a file you simply just need to pipe the output of a command into a file.</p>
|
||
<p>For example:</p>
|
||
<pre><code class="hljs css language-bashrc">.<span class="hljs-regexp">/app/</span>cli<span class="hljs-regexp">/target/u</span>niversal<span class="hljs-regexp">/stage/</span>bitcoin-s-cli acceptdlcoffer [offer] > myDLCAccept.txt
|
||
</code></pre>
|
||
<h4><a class="anchor" aria-hidden="true" id="creating-the-offer-1"></a><a href="#creating-the-offer-1" 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>Creating The Offer</h4>
|
||
<p>Once these terms are agreed to, either party can call on <code>createdlcoffer</code> with flags for each of the fields in the table above. For example:</p>
|
||
<pre><code class="hljs css language-bashrc">./app/cli/target/universal/stage/bitcoin-s-cli createdlcoffer <span class="hljs-comment">[contractInfo]</span> <span class="hljs-comment">[collateral]</span> <span class="hljs-comment">[feerate]</span> <span class="hljs-comment">[locktime]</span> <span class="hljs-comment">[refundlocktime]</span>
|
||
</code></pre>
|
||
<h4><a class="anchor" aria-hidden="true" id="accepting-the-offer-1"></a><a href="#accepting-the-offer-1" 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>Accepting The Offer</h4>
|
||
<p>Upon receiving a DLC Offer from your counter-party, the following command will create the serialized accept message:</p>
|
||
<pre><code class="hljs css language-bashrc">.<span class="hljs-regexp">/app/</span>cli<span class="hljs-regexp">/target/u</span>niversal<span class="hljs-regexp">/stage/</span>bitcoin-s-cli acceptdlcoffer [offer]
|
||
</code></pre>
|
||
<p>or from file:</p>
|
||
<pre><code class="hljs css language-bashrc">.<span class="hljs-regexp">/app/</span>cli<span class="hljs-regexp">/target/u</span>niversal<span class="hljs-regexp">/stage/</span>bitcoin-s-cli acceptdlcofferfromfile [filepath]
|
||
</code></pre>
|
||
<h4><a class="anchor" aria-hidden="true" id="signing-the-dlc-1"></a><a href="#signing-the-dlc-1" 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>Signing The DLC</h4>
|
||
<p>Upon receiving a DLC Accept message from your counter-party, the following command will generate all of your signatures for this DLC:</p>
|
||
<pre><code class="hljs css language-bashrc">.<span class="hljs-regexp">/app/</span>cli<span class="hljs-regexp">/target/u</span>niversal<span class="hljs-regexp">/stage/</span>bitcoin-s-cli signdlc [accept]
|
||
</code></pre>
|
||
<p>or from file:</p>
|
||
<pre><code class="hljs css language-bashrc">.<span class="hljs-regexp">/app/</span>cli<span class="hljs-regexp">/target/u</span>niversal<span class="hljs-regexp">/stage/</span>bitcoin-s-cli signdlcfromfile [filepath]
|
||
</code></pre>
|
||
<h4><a class="anchor" aria-hidden="true" id="adding-dlc-signatures-to-your-database-1"></a><a href="#adding-dlc-signatures-to-your-database-1" 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>Adding DLC Signatures To Your Database</h4>
|
||
<p>Upon receiving a DLC Sign message from your counter-party, add their signatures to your database by:</p>
|
||
<pre><code class="hljs css language-bashrc">.<span class="hljs-regexp">/app/</span>cli<span class="hljs-regexp">/target/u</span>niversal<span class="hljs-regexp">/stage/</span>bitcoin-s-cli adddlcsigs [sign]
|
||
</code></pre>
|
||
<p>or from file:</p>
|
||
<pre><code class="hljs css language-bashrc">.<span class="hljs-regexp">/app/</span>cli<span class="hljs-regexp">/target/u</span>niversal<span class="hljs-regexp">/stage/</span>bitcoin-s-cli adddlcsigsfromfile [filepath]
|
||
</code></pre>
|
||
<h4><a class="anchor" aria-hidden="true" id="getting-funding-transaction"></a><a href="#getting-funding-transaction" 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>Getting Funding Transaction</h4>
|
||
<p>You are now fully setup and can generate the fully signed funding transaction for broadcast using</p>
|
||
<pre><code class="hljs css language-bashrc">.<span class="hljs-regexp">/app/</span>cli<span class="hljs-regexp">/target/u</span>niversal<span class="hljs-regexp">/stage/</span>bitcoin-s-cli getdlcfundingtx [contractId]
|
||
</code></pre>
|
||
<p>where the <code>contractId</code> is in all but the messages other than the DLC Offer message, and is also returned by the <code>adddlcsigs</code> command.</p>
|
||
<p>Alternatively, you can use the <code>getdlcs</code> command to list all of your current DLCs saved in your wallet.</p>
|
||
<h2><a class="anchor" aria-hidden="true" id="step-4-executing-the-dlc"></a><a href="#step-4-executing-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>Step 4: Executing the DLC</h2>
|
||
<h3><a class="anchor" aria-hidden="true" id="using-the-gui-2"></a><a href="#using-the-gui-2" 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>Using the GUI</h3>
|
||
<h4><a class="anchor" aria-hidden="true" id="execute"></a><a href="#execute" 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>Execute</h4>
|
||
<p>You can execute the DLC unilaterally with the <code>Execute</code> button which will require the oracle signature.
|
||
This will return a fully signed Contract Execution Transaction for the event signed by the oracle.</p>
|
||
<h4><a class="anchor" aria-hidden="true" id="refund"></a><a href="#refund" 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>Refund</h4>
|
||
<p>If the <code>refundlocktime</code> for the DLC has been reached, you can get the fully-signed refund transaction with the <code>Refund</code> button and entering the <code>contractId</code>.</p>
|
||
<h3><a class="anchor" aria-hidden="true" id="using-the-cli-1"></a><a href="#using-the-cli-1" 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>Using the CLI</h3>
|
||
<h4><a class="anchor" aria-hidden="true" id="execute-1"></a><a href="#execute-1" 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>Execute</h4>
|
||
<p>Upon receiving an oracle signature, you can execute the DLC unilaterally with</p>
|
||
<pre><code class="hljs css language-bashrc">.<span class="hljs-regexp">/app/</span>cli<span class="hljs-regexp">/target/u</span>niversal<span class="hljs-regexp">/stage/</span>bitcoin-s-cli executedlc [contractId] [signatureTLVs]
|
||
</code></pre>
|
||
<p>which will return fully signed Contract Execution Transaction for the event signed by the oracle.</p>
|
||
<h4><a class="anchor" aria-hidden="true" id="refund-1"></a><a href="#refund-1" 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>Refund</h4>
|
||
<p>If the <code>refundlocktime</code> for the DLC has been reached, you can get the fully-signed refund transaction with</p>
|
||
<pre><code class="hljs css language-bashrc">.<span class="hljs-regexp">/app/</span>cli<span class="hljs-regexp">/target/u</span>niversal<span class="hljs-regexp">/stage/</span>bitcoin-s-cli executedlcrefund [contractId]
|
||
</code></pre>
|
||
</span></div></article></div><div class="docLastUpdate"><em>Last updated on 3/1/2022 by user411</em></div><div class="docs-prevnext"><a class="docs-prev button" href="/docs/wallet/address-tagging"><span class="arrow-prev">← </span><span>Address and UTXO tagging</span></a><a class="docs-next button" href="/docs/wallet/wallet-rescan"><span>wallet/wallet-rescan</span><span class="arrow-next"> →</span></a></div></div></div><nav class="onPageNav"><ul class="toc-headings"><li><a href="#executing-a-discreet-log-contract-dlc">Executing A Discreet Log Contract (DLC)</a></li><li><a href="#step-1-get-bitcoin-s-setup">Step 1: Get Bitcoin-S Setup</a><ul class="toc-headings"><li><a href="#using-the-gui">Using the GUI</a></li></ul></li><li><a href="#step-2-agree-on-contract-terms">Step 2: Agree On Contract Terms</a><ul class="toc-headings"><li><a href="#decoding-dlc-messages">Decoding DLC Messages</a></li></ul></li><li><a href="#step-3-set-up-the-dlc">Step 3: Set up The DLC</a><ul class="toc-headings"><li><a href="#using-the-gui-1">Using the GUI</a></li><li><a href="#using-the-cli">Using the CLI</a></li></ul></li><li><a href="#step-4-executing-the-dlc">Step 4: Executing the DLC</a><ul class="toc-headings"><li><a href="#using-the-gui-2">Using the GUI</a></li><li><a href="#using-the-cli-1">Using the CLI</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 © 2025 Suredbits & 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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