ghostshirt
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February 20, 2013, 10:35:34 AM |
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Final Contract1) Purpose This contract regulates the finalization of the ASICMINER auction in https://bitcointalk.org/index.php?topic=142038.0
2) Buyers PM.6 100 @ 0.45 ghostshirt 200 @ 0.45 Vezunchik 100 @ 0.45 LainZ 100 @ 0.45 asnonmous 5000 @ 0.44 (including 500 from board chair option)
3) Seller Shares are sold by user zefir. They are currently held directly by friedcat as a PGP-signed lock-in contract.
4) Escrow Graet and John (johnthedong) will escrow the transactions. Buyers decided whom to choose, resulting in the following transaction plan: PM.6 45 BTC to 1EEFt1JqyTuTEsGHERJj58QcYb72BaPeTj (Graet) ghostshirt 90 BTC to 15A8ztRxjnHud6unJi3dLpB9bLGdXVxAyg (Graet) Vezunchik 45 BTC to 1hnvX9pA6eSZPfGEaLHR1RHM6RE82yUox (Graet) LainZ 45 BTC to 18AfJDFimnxRCbK4JbzqdHm1SigCySYT3p (Graet) asnonmous 2200 BTC to 1CuNd5n42cfqDz8SPVLSRsGHk2tLcHVMGh (John)
Payment shall be made from an address that the buyer fully controls, i.e. is in possession of the private key, so the escrow in case of disputes and cancellation can return the funds to sender.
5) Activation This contract will be posted in the auction thread and changes its status to active when both escrows and the seller digitally sign it, either by PGP or Bitcoin address signature.
6) Acceptance After activation (i.e. the time when all three signatures from point 5. were posted), the buyers accept this contract by sending their respective payments to the escrow addresses given in 4. They are given three days (72h + 12h time zone margin) to finalize the trans- action in full. Failing so, their deal status changes to canceled.
7) Share Transfer ASICMINER is going to have its private exchange that is scheduled to go online before the first dividend payment is processed. As soon as it launches, buyers need to open an account and provide all required data to seller to initiate a transfer of shares. Since the details of the new exchange are not yet known, no defined deadlines for the transfer can be provided at this time. Seller is limited to do this with best effort and will keep buyers and escrows informed about the status.
On top of the transfer handled over the new exchange, seller will attempt to reach agreement with friedcat to split his position according to the sale and move them to bilateral contracts between buyers and friedcat directly and get their shares assigned to them before the exchange launches. Success solely depends on friedcat and can not be guaranteed.
8) Dividends Buyers are entitled for all ASICMINER dividends. Share transfer is scheduled to finalize before the first dividend is paid. Any dividends paid for any reason to seller shall be forwarded in full to the buyers at their following addresses: PM.6 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd ghostshirt 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh Vezunchik 1AkZFPx76RWEEpojMj5RvGDDesZxPazVdF LainZ 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV asnonmous 12mwAvJywtQF5rJXHzdBQd4yq8EVD7NZqX
9) Clearance Escrowed funds will be released to seller after buyers approval of * transfer of shares to their account * receipt of their dividends (if any happened before transfer)
Seller's address for this deal is 16CV4ktaWSp9TjEt2Wf4MMDhYbYi4TKXGc
Changes to the previous one posted in #176: - point 4: updated Johns escrow address as stated in #177
- point 8: added LainZ address as provided by PM
As the seller I sign this final contract with my address for this deal 16CV4ktaWSp9TjEt2Wf4MMDhYbYi4TKXGc G8/RWsCo7WDaWFBCLszNKm23ByWo3iBlD3HEUNDPO1GHK3AqCaKfgNIqUAdCCW1kzuetAqOEpYZtaHNp/CJqBLA= Hello zefir, I am having a difficulty verifying your signature. I am pasting the contract, your signature address and the signature but verification fails. I am using bitcoin-qt 0.7.2, does version change anything?
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zefir (OP)
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February 20, 2013, 06:13:18 PM |
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Hello zefir, I am having a difficulty verifying your signature. I am pasting the contract, your signature address and the signature but verification fails. I am using bitcoin-qt 0.7.2, does version change anything?
Hi ghostshirt, it is not you. The signature I posted was generated with piuk's My Wallet. Just double checked with Armory and got a different output I thought it's consequent to use Bitcoin address signing for this contract, but as long as there are sources for confusion I'll switch back to the established way: -----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1
1) Purpose This contract regulates the finalization of the ASICMINER auction in https://bitcointalk.org/index.php?topic=142038.0
2) Buyers PM.6 100 @ 0.45 ghostshirt 200 @ 0.45 Vezunchik 100 @ 0.45 LainZ 100 @ 0.45 asnonmous 5000 @ 0.44 (including 500 from board chair option)
3) Seller Shares are sold by user zefir. They are currently held directly by friedcat as a PGP-signed lock-in contract.
4) Escrow Graet and John (johnthedong) will escrow the transactions. Buyers decided whom to choose, resulting in the following transaction plan: PM.6 45 BTC to 1EEFt1JqyTuTEsGHERJj58QcYb72BaPeTj (Graet) ghostshirt 90 BTC to 15A8ztRxjnHud6unJi3dLpB9bLGdXVxAyg (Graet) Vezunchik 45 BTC to 1hnvX9pA6eSZPfGEaLHR1RHM6RE82yUox (Graet) LainZ 45 BTC to 18AfJDFimnxRCbK4JbzqdHm1SigCySYT3p (Graet) asnonmous 2200 BTC to 1CuNd5n42cfqDz8SPVLSRsGHk2tLcHVMGh (John)
Payment shall be made from an address that the buyer fully controls, i.e. is in possession of the private key, so the escrow in case of disputes and cancellation can return the funds to sender.
5) Activation This contract will be posted in the auction thread and changes its status to active when both escrows and the seller digitally sign it, either by PGP or Bitcoin address signature.
6) Acceptance After activation (i.e. the time when all three signatures from point 5. were posted), the buyers accept this contract by sending their respective payments to the escrow addresses given in 4. They are given three days (72h + 12h time zone margin) to finalize the trans- action in full. Failing so, their deal status changes to canceled.
7) Share Transfer ASICMINER is going to have its private exchange that is scheduled to go online before the first dividend payment is processed. As soon as it launches, buyers need to open an account and provide all required data to seller to initiate a transfer of shares. Since the details of the new exchange are not yet known, no defined deadlines for the transfer can be provided at this time. Seller is limited to do this with best effort and will keep buyers and escrows informed about the status.
On top of the transfer handled over the new exchange, seller will attempt to reach agreement with friedcat to split his position according to the sale and move them to bilateral contracts between buyers and friedcat directly and get their shares assigned to them before the exchange launches. Success solely depends on friedcat and can not be guaranteed.
8) Dividends Buyers are entitled for all ASICMINER dividends. Share transfer is scheduled to finalize before the first dividend is paid. Any dividends paid for any reason to seller shall be forwarded in full to the buyers at their following addresses: PM.6 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd ghostshirt 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh Vezunchik 1AkZFPx76RWEEpojMj5RvGDDesZxPazVdF LainZ 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV asnonmous 12mwAvJywtQF5rJXHzdBQd4yq8EVD7NZqX
9) Clearance Escrowed funds will be released to seller after buyers approval of * transfer of shares to their account * receipt of their dividends (if any happened before transfer)
Seller's address for this deal is 16CV4ktaWSp9TjEt2Wf4MMDhYbYi4TKXGc
-----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.11 (GNU/Linux)
iQIcBAEBAgAGBQJRJQjaAAoJEN6md73WDkYs9loP/14tidf6a5FdbrIZAcTfErBK esIl83dSOpalHi+fQJT1SDptUDB/cm2OUewEPm4Mj3SfIl1qVcYIyLM4zqywh4gY aW6OrXOZTxw2vhdMB4dbwc0A9w5uOLygLUyYNBuquRLUtpqR87HvpEwB3rMx5dCD XPOb/ysOQyv1b00fXAdOzYfEk/uultHZ6NEqhBFo2mL3wttIl5VySP58o1ltSfpB Lw0vYvMvTE6O0/I+wZQlRe/2azDJ4JfhP1doa34DAA9aeZFDfQp/QfMygkiugvPW Un8VnBrbDarSTEp6RSBdjDxMBol7ofXCiFXJ65DwPRoJu3jceMhp3aL89LwzPyiC xuFf8Inb0JKVrYxkE+04RnVctczAggfoySUTkSFWJKJFKd0Ar6p81Wdh+pAv7YXB cpJ8NkOE3lmTICuCof5/lmtdcQkhjccjhVDPoVDSGWpw8bkoIozHXk1OsO7BR15r wx4sfjb3FmmdyB3AvNdtx+uVNtdI0bGA9ALzZHRgSVY3XBRqiR21DFEGxdvDp+G3 w2ckD0TZAa7CBFOgZFYA0gaDX+Ersof6Jgg5d4hM1XF3fZB/FJPkPs5Oe1GJcjIi 1iKEvC4xCG+d3NIlR8uLp5nyMYKma1EZp1dJklNn0c19zV4uHaPixNTNVvBOW2MX +/ruSdOMpm44Pzc0q8Z2 =prGM -----END PGP SIGNATURE-----
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DiabloD3
Legendary
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Activity: 1162
Merit: 1000
DiabloMiner author
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February 20, 2013, 06:25:02 PM |
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I thought it's consequent to use Bitcoin address signing for this contract
Yes, but you have to use Bitcoin itself to sign it. No one agreed on the signature algo, so everyone else is doing it wrong and they need to switch to use Bitcoin's. If you would have signed it with bitcoin-qt or bitcoind, this wouldn't have been a problem.
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zefir (OP)
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Activity: 919
Merit: 1000
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February 20, 2013, 06:50:28 PM |
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I thought it's consequent to use Bitcoin address signing for this contract
Yes, but you have to use Bitcoin itself to sign it. No one agreed on the signature algo, so everyone else is doing it wrong and they need to switch to use Bitcoin's. If you would have signed it with bitcoin-qt or bitcoind, this wouldn't have been a problem. Thanks for clarification. If that's the case (everyone doing his own thing), it is not useful yet, since people not working with bitcoind (like /me) can't reliably sign / verify.
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ghostshirt
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February 20, 2013, 07:29:58 PM |
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Hello zefir, I am having a difficulty verifying your signature. I am pasting the contract, your signature address and the signature but verification fails. I am using bitcoin-qt 0.7.2, does version change anything?
Hi ghostshirt, it is not you. The signature I posted was generated with piuk's My Wallet. Just double checked with Armory and got a different output I thought it's consequent to use Bitcoin address signing for this contract, but as long as there are sources for confusion I'll switch back to the established way: -----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1
1) Purpose This contract regulates the finalization of the ASICMINER auction in https://bitcointalk.org/index.php?topic=142038.0
2) Buyers PM.6 100 @ 0.45 ghostshirt 200 @ 0.45 Vezunchik 100 @ 0.45 LainZ 100 @ 0.45 asnonmous 5000 @ 0.44 (including 500 from board chair option)
3) Seller Shares are sold by user zefir. They are currently held directly by friedcat as a PGP-signed lock-in contract.
4) Escrow Graet and John (johnthedong) will escrow the transactions. Buyers decided whom to choose, resulting in the following transaction plan: PM.6 45 BTC to 1EEFt1JqyTuTEsGHERJj58QcYb72BaPeTj (Graet) ghostshirt 90 BTC to 15A8ztRxjnHud6unJi3dLpB9bLGdXVxAyg (Graet) Vezunchik 45 BTC to 1hnvX9pA6eSZPfGEaLHR1RHM6RE82yUox (Graet) LainZ 45 BTC to 18AfJDFimnxRCbK4JbzqdHm1SigCySYT3p (Graet) asnonmous 2200 BTC to 1CuNd5n42cfqDz8SPVLSRsGHk2tLcHVMGh (John)
Payment shall be made from an address that the buyer fully controls, i.e. is in possession of the private key, so the escrow in case of disputes and cancellation can return the funds to sender.
5) Activation This contract will be posted in the auction thread and changes its status to active when both escrows and the seller digitally sign it, either by PGP or Bitcoin address signature.
6) Acceptance After activation (i.e. the time when all three signatures from point 5. were posted), the buyers accept this contract by sending their respective payments to the escrow addresses given in 4. They are given three days (72h + 12h time zone margin) to finalize the trans- action in full. Failing so, their deal status changes to canceled.
7) Share Transfer ASICMINER is going to have its private exchange that is scheduled to go online before the first dividend payment is processed. As soon as it launches, buyers need to open an account and provide all required data to seller to initiate a transfer of shares. Since the details of the new exchange are not yet known, no defined deadlines for the transfer can be provided at this time. Seller is limited to do this with best effort and will keep buyers and escrows informed about the status.
On top of the transfer handled over the new exchange, seller will attempt to reach agreement with friedcat to split his position according to the sale and move them to bilateral contracts between buyers and friedcat directly and get their shares assigned to them before the exchange launches. Success solely depends on friedcat and can not be guaranteed.
8) Dividends Buyers are entitled for all ASICMINER dividends. Share transfer is scheduled to finalize before the first dividend is paid. Any dividends paid for any reason to seller shall be forwarded in full to the buyers at their following addresses: PM.6 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd ghostshirt 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh Vezunchik 1AkZFPx76RWEEpojMj5RvGDDesZxPazVdF LainZ 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV asnonmous 12mwAvJywtQF5rJXHzdBQd4yq8EVD7NZqX
9) Clearance Escrowed funds will be released to seller after buyers approval of * transfer of shares to their account * receipt of their dividends (if any happened before transfer)
Seller's address for this deal is 16CV4ktaWSp9TjEt2Wf4MMDhYbYi4TKXGc
-----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.11 (GNU/Linux)
iQIcBAEBAgAGBQJRJQjaAAoJEN6md73WDkYs9loP/14tidf6a5FdbrIZAcTfErBK esIl83dSOpalHi+fQJT1SDptUDB/cm2OUewEPm4Mj3SfIl1qVcYIyLM4zqywh4gY aW6OrXOZTxw2vhdMB4dbwc0A9w5uOLygLUyYNBuquRLUtpqR87HvpEwB3rMx5dCD XPOb/ysOQyv1b00fXAdOzYfEk/uultHZ6NEqhBFo2mL3wttIl5VySP58o1ltSfpB Lw0vYvMvTE6O0/I+wZQlRe/2azDJ4JfhP1doa34DAA9aeZFDfQp/QfMygkiugvPW Un8VnBrbDarSTEp6RSBdjDxMBol7ofXCiFXJ65DwPRoJu3jceMhp3aL89LwzPyiC xuFf8Inb0JKVrYxkE+04RnVctczAggfoySUTkSFWJKJFKd0Ar6p81Wdh+pAv7YXB cpJ8NkOE3lmTICuCof5/lmtdcQkhjccjhVDPoVDSGWpw8bkoIozHXk1OsO7BR15r wx4sfjb3FmmdyB3AvNdtx+uVNtdI0bGA9ALzZHRgSVY3XBRqiR21DFEGxdvDp+G3 w2ckD0TZAa7CBFOgZFYA0gaDX+Ersof6Jgg5d4hM1XF3fZB/FJPkPs5Oe1GJcjIi 1iKEvC4xCG+d3NIlR8uLp5nyMYKma1EZp1dJklNn0c19zV4uHaPixNTNVvBOW2MX +/ruSdOMpm44Pzc0q8Z2 =prGM -----END PGP SIGNATURE-----
Thank you for the clarification. PGP signature verified.
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asnonmous
Newbie
Offline
Activity: 35
Merit: 0
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February 20, 2013, 07:47:27 PM |
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I thought it's consequent to use Bitcoin address signing for this contract
Yes, but you have to use Bitcoin itself to sign it. No one agreed on the signature algo, so everyone else is doing it wrong and they need to switch to use Bitcoin's. If you would have signed it with bitcoin-qt or bitcoind, this wouldn't have been a problem. Thanks for clarification. If that's the case (everyone doing his own thing), it is not useful yet, since people not working with bitcoind (like /me) can't reliably sign / verify. I believe everyone is moving towards using the bitcoin-qt system for signing, but I'm not sure. I'm signing with bitcoin-qt, let me know if that is insufficient. I don't have a PGP key yet, and this signature is easily associatable with the coins in the account it is coming from. Contract signed from address: 12mwAvJywtQF5rJXHzdBQd4yq8EVD7NZqX Signature: HyhgIo5QfmPpuQw2iPAakBhp0sCP3BnnBjXiojs+rsaCcs4QGoo74xDUOthtn3wlKTmKDA7qYhZUR9Qhi3K/Glc=
(signed with bitcoin-qt 0.7.2-beta) Once John has signed, I'll initiate the transfer.
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Vezunchik
Sr. Member
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bitcoin is an expression of freedom.
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February 20, 2013, 08:09:34 PM |
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1) Purpose This contract regulates the finalization of the ASICMINER auction in https://bitcointalk.org/index.php?topic=142038.0
2) Buyers PM.6 100 @ 0.45 ghostshirt 200 @ 0.45 Vezunchik 100 @ 0.45 LainZ 100 @ 0.45 asnonmous 5000 @ 0.44 (including 500 from board chair option)
3) Seller Shares are sold by user zefir. They are currently held directly by friedcat as a PGP-signed lock-in contract.
4) Escrow Graet and John (johnthedong) will escrow the transactions. Buyers decided whom to choose, resulting in the following transaction plan: PM.6 45 BTC to 1EEFt1JqyTuTEsGHERJj58QcYb72BaPeTj (Graet) ghostshirt 90 BTC to 15A8ztRxjnHud6unJi3dLpB9bLGdXVxAyg (Graet) Vezunchik 45 BTC to 1hnvX9pA6eSZPfGEaLHR1RHM6RE82yUox (Graet) LainZ 45 BTC to 18AfJDFimnxRCbK4JbzqdHm1SigCySYT3p (Graet) asnonmous 2200 BTC to 1CuNd5n42cfqDz8SPVLSRsGHk2tLcHVMGh (John)
Payment shall be made from an address that the buyer fully controls, i.e. is in possession of the private key, so the escrow in case of disputes and cancellation can return the funds to sender.
5) Activation This contract will be posted in the auction thread and changes its status to active when both escrows and the seller digitally sign it, either by PGP or Bitcoin address signature.
6) Acceptance After activation (i.e. the time when all three signatures from point 5. were posted), the buyers accept this contract by sending their respective payments to the escrow addresses given in 4. They are given three days (72h + 12h time zone margin) to finalize the trans- action in full. Failing so, their deal status changes to canceled.
7) Share Transfer ASICMINER is going to have its private exchange that is scheduled to go online before the first dividend payment is processed. As soon as it launches, buyers need to open an account and provide all required data to seller to initiate a transfer of shares. Since the details of the new exchange are not yet known, no defined deadlines for the transfer can be provided at this time. Seller is limited to do this with best effort and will keep buyers and escrows informed about the status.
On top of the transfer handled over the new exchange, seller will attempt to reach agreement with friedcat to split his position according to the sale and move them to bilateral contracts between buyers and friedcat directly and get their shares assigned to them before the exchange launches. Success solely depends on friedcat and can not be guaranteed.
8) Dividends Buyers are entitled for all ASICMINER dividends. Share transfer is scheduled to finalize before the first dividend is paid. Any dividends paid for any reason to seller shall be forwarded in full to the buyers at their following addresses: PM.6 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd ghostshirt 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh Vezunchik 1AkZFPx76RWEEpojMj5RvGDDesZxPazVdF LainZ 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV asnonmous 12mwAvJywtQF5rJXHzdBQd4yq8EVD7NZqX
9) Clearance Escrowed funds will be released to seller after buyers approval of * transfer of shares to their account * receipt of their dividends (if any happened before transfer)
Seller's address for this deal is 16CV4ktaWSp9TjEt2Wf4MMDhYbYi4TKXGc H3guAWvpcz9ZN0cIz6jCqvkVKIUG8zOR0EGcYNxVLmczr2YkHkbqxZrPd49SGYeUVAx7xO9/v2TN4i2qFCiLIH4= by address 1AkZFPx76RWEEpojMj5RvGDDesZxPazVdF
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zefir (OP)
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Activity: 919
Merit: 1000
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February 20, 2013, 08:50:46 PM |
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I believe everyone is moving towards using the bitcoin-qt system for signing, but I'm not sure. I'm signing with bitcoin-qt, let me know if that is insufficient. I don't have a PGP key yet, and this signature is easily associatable with the coins in the account it is coming from. Contract signed from address: 12mwAvJywtQF5rJXHzdBQd4yq8EVD7NZqX Signature: HyhgIo5QfmPpuQw2iPAakBhp0sCP3BnnBjXiojs+rsaCcs4QGoo74xDUOthtn3wlKTmKDA7qYhZUR9Qhi3K/Glc=
(signed with bitcoin-qt 0.7.2-beta) Verified.Once John has signed, I'll initiate the transfer.
John basically did in post #177 by confirming he is controlling the updated escrow address and signing the contract. I contacted John and Graet once again after the contract update for the new address and expect them to confirm soon.
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zefir (OP)
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Hero Member
Offline
Activity: 919
Merit: 1000
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February 20, 2013, 08:51:54 PM |
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1) Purpose This contract regulates the finalization of the ASICMINER auction in https://bitcointalk.org/index.php?topic=142038.0
2) Buyers PM.6 100 @ 0.45 ghostshirt 200 @ 0.45 Vezunchik 100 @ 0.45 LainZ 100 @ 0.45 asnonmous 5000 @ 0.44 (including 500 from board chair option)
3) Seller Shares are sold by user zefir. They are currently held directly by friedcat as a PGP-signed lock-in contract.
4) Escrow Graet and John (johnthedong) will escrow the transactions. Buyers decided whom to choose, resulting in the following transaction plan: PM.6 45 BTC to 1EEFt1JqyTuTEsGHERJj58QcYb72BaPeTj (Graet) ghostshirt 90 BTC to 15A8ztRxjnHud6unJi3dLpB9bLGdXVxAyg (Graet) Vezunchik 45 BTC to 1hnvX9pA6eSZPfGEaLHR1RHM6RE82yUox (Graet) LainZ 45 BTC to 18AfJDFimnxRCbK4JbzqdHm1SigCySYT3p (Graet) asnonmous 2200 BTC to 1CuNd5n42cfqDz8SPVLSRsGHk2tLcHVMGh (John)
Payment shall be made from an address that the buyer fully controls, i.e. is in possession of the private key, so the escrow in case of disputes and cancellation can return the funds to sender.
5) Activation This contract will be posted in the auction thread and changes its status to active when both escrows and the seller digitally sign it, either by PGP or Bitcoin address signature.
6) Acceptance After activation (i.e. the time when all three signatures from point 5. were posted), the buyers accept this contract by sending their respective payments to the escrow addresses given in 4. They are given three days (72h + 12h time zone margin) to finalize the trans- action in full. Failing so, their deal status changes to canceled.
7) Share Transfer ASICMINER is going to have its private exchange that is scheduled to go online before the first dividend payment is processed. As soon as it launches, buyers need to open an account and provide all required data to seller to initiate a transfer of shares. Since the details of the new exchange are not yet known, no defined deadlines for the transfer can be provided at this time. Seller is limited to do this with best effort and will keep buyers and escrows informed about the status.
On top of the transfer handled over the new exchange, seller will attempt to reach agreement with friedcat to split his position according to the sale and move them to bilateral contracts between buyers and friedcat directly and get their shares assigned to them before the exchange launches. Success solely depends on friedcat and can not be guaranteed.
8) Dividends Buyers are entitled for all ASICMINER dividends. Share transfer is scheduled to finalize before the first dividend is paid. Any dividends paid for any reason to seller shall be forwarded in full to the buyers at their following addresses: PM.6 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd ghostshirt 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh Vezunchik 1AkZFPx76RWEEpojMj5RvGDDesZxPazVdF LainZ 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV asnonmous 12mwAvJywtQF5rJXHzdBQd4yq8EVD7NZqX
9) Clearance Escrowed funds will be released to seller after buyers approval of * transfer of shares to their account * receipt of their dividends (if any happened before transfer)
Seller's address for this deal is 16CV4ktaWSp9TjEt2Wf4MMDhYbYi4TKXGc H3guAWvpcz9ZN0cIz6jCqvkVKIUG8zOR0EGcYNxVLmczr2YkHkbqxZrPd49SGYeUVAx7xO9/v2TN4i2qFCiLIH4= by address 1AkZFPx76RWEEpojMj5RvGDDesZxPazVdF Verified.
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ghostshirt
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February 20, 2013, 09:01:45 PM |
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Are we -the buyers- supposed to sign the contract also?
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asnonmous
Newbie
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February 20, 2013, 09:08:33 PM |
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I believe everyone is moving towards using the bitcoin-qt system for signing, but I'm not sure. I'm signing with bitcoin-qt, let me know if that is insufficient. I don't have a PGP key yet, and this signature is easily associatable with the coins in the account it is coming from. Contract signed from address: 12mwAvJywtQF5rJXHzdBQd4yq8EVD7NZqX Signature: HyhgIo5QfmPpuQw2iPAakBhp0sCP3BnnBjXiojs+rsaCcs4QGoo74xDUOthtn3wlKTmKDA7qYhZUR9Qhi3K/Glc=
(signed with bitcoin-qt 0.7.2-beta) Verified.Once John has signed, I'll initiate the transfer.
John basically did in post #177 by confirming he is controlling the updated escrow address and signing the contract. I contacted John and Graet once again after the contract update for the new address and expect them to confirm soon. It looks like a simple mistake, but the contract he PGP signed used his old address, and had that same address as my "send dividends to" address.
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zefir (OP)
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February 20, 2013, 10:13:03 PM |
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Are we -the buyers- supposed to sign the contract also?
Usually (and I stated it such in 6.) buyers 'sign' with their money, i.e. implicitly accept the contract by transferring the funds. But it also does not hurt to explicitly do. Only thing from contractual side is, the contract becomes active (i.e. buyers can transfer their funds) as soon as seller and escrows signed - while buyers signatures are not relevant for that state change.
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asnonmous
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February 21, 2013, 02:40:11 PM |
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Are we -the buyers- supposed to sign the contract also?
Usually (and I stated it such in 6.) buyers 'sign' with their money, i.e. implicitly accept the contract by transferring the funds. But it also does not hurt to explicitly do. Only thing from contractual side is, the contract becomes active (i.e. buyers can transfer their funds) as soon as seller and escrows signed - while buyers signatures are not relevant for that state change. Are we waiting for confirmation/signature from the Escrows at the moment?
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John (John K.)
Global Troll-buster and
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Away on an extended break
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February 21, 2013, 03:37:56 PM |
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I signed the contract a couple of posts ago, but I'll re-sign it with the newest address. -----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1
1) Purpose This contract regulates the finalization of the ASICMINER auction in https://bitcointalk.org/index.php?topic=142038.0
2) Buyers PM.6 100 @ 0.45 ghostshirt 200 @ 0.45 Vezunchik 100 @ 0.45 LainZ 100 @ 0.45 asnonmous 5000 @ 0.44 (including 500 from board chair option)
3) Seller Shares are sold by user zefir. They are currently held directly by friedcat as a PGP-signed lock-in contract.
4) Escrow Graet and John (johnthedong) will escrow the transactions. Buyers decided whom to choose, resulting in the following transaction plan: PM.6 45 BTC to 1EEFt1JqyTuTEsGHERJj58QcYb72BaPeTj (Graet) ghostshirt 90 BTC to 15A8ztRxjnHud6unJi3dLpB9bLGdXVxAyg (Graet) Vezunchik 45 BTC to 1hnvX9pA6eSZPfGEaLHR1RHM6RE82yUox (Graet) LainZ 45 BTC to 18AfJDFimnxRCbK4JbzqdHm1SigCySYT3p (Graet) asnonmous 2200 BTC to 1CuNd5n42cfqDz8SPVLSRsGHk2tLcHVMGh (John)
Payment shall be made from an address that the buyer fully controls, i.e. is in possession of the private key, so the escrow in case of disputes and cancellation can return the funds to sender.
5) Activation This contract will be posted in the auction thread and changes its status to active when both escrows and the seller digitally sign it, either by PGP or Bitcoin address signature.
6) Acceptance After activation (i.e. the time when all three signatures from point 5. were posted), the buyers accept this contract by sending their respective payments to the escrow addresses given in 4. They are given three days (72h + 12h time zone margin) to finalize the trans- action in full. Failing so, their deal status changes to canceled.
7) Share Transfer ASICMINER is going to have its private exchange that is scheduled to go online before the first dividend payment is processed. As soon as it launches, buyers need to open an account and provide all required data to seller to initiate a transfer of shares. Since the details of the new exchange are not yet known, no defined deadlines for the transfer can be provided at this time. Seller is limited to do this with best effort and will keep buyers and escrows informed about the status.
On top of the transfer handled over the new exchange, seller will attempt to reach agreement with friedcat to split his position according to the sale and move them to bilateral contracts between buyers and friedcat directly and get their shares assigned to them before the exchange launches. Success solely depends on friedcat and can not be guaranteed.
8) Dividends Buyers are entitled for all ASICMINER dividends. Share transfer is scheduled to finalize before the first dividend is paid. Any dividends paid for any reason to seller shall be forwarded in full to the buyers at their following addresses: PM.6 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd ghostshirt 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh Vezunchik 1AkZFPx76RWEEpojMj5RvGDDesZxPazVdF LainZ 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV asnonmous 12mwAvJywtQF5rJXHzdBQd4yq8EVD7NZqX
9) Clearance Escrowed funds will be released to seller after buyers approval of * transfer of shares to their account * receipt of their dividends (if any happened before transfer)
Seller's address for this deal is 16CV4ktaWSp9TjEt2Wf4MMDhYbYi4TKXGc -----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.11 (MingW32)
iQIcBAEBAgAGBQJRJj42AAoJEINT5jezqu6wN+YP/RWorBOxxPLwZYVL8GPBBtCc Da12lyghQeETunopxu0pp08wsRYYpk2jNcGcPZ9r70eIgzC/Czao5eBiPM/hV+FS Vxsjk1alyYomB3SZvu/FTGGijwqFfgBM518CQj8TLeAHKrkyRuz3m5y1ECsurIic 7/RU+FPcptC52jiziHlMrN1Z1pWmWmoHV3forvFFsLSOgoWaDL16ckPeHaqVAroT +lQZyoa43gorIEIqBRqTJeYeIfshgEbTLmmhnfMh4+Fbs+sPzj7aLMtl4xQjdhx+ SjERt23sLWZk2cdjXqZIKCJ7iVFw4nyYA3c/8/lc9NgxjZ9LH4ijq9paQYFQXCv4 1po9NFtT2APAD11sIs2D9mMz2eivzaV7hm9UEz4W5F6k9yirvPV5cJ/RuIagezrC 2ukDMKU6/U7mccc5xpqdZCGZx7JBkId3wuQw6ZS6PNrUyZnoIZ3ZmydGoLdwRWNP xkIRIoZdflf/3GC1e/7S4vAuGYJeQTwd1hSPRAV7RmqElubQK6QgoTHgo3bAd0TM 3eQNaCtUpbZSKpZ2REkLiQ2QjckrL/ZGcctttGDe9fP4gfds1LlKI6eNhPAVH5hP nG4WmqSdTbUUR1eA1ASzN1XOeIU7yAzcEWARPZt26fzKxgBMdEtz+h/hNp+KJUbZ 5p7V8hNCyZgg5kbUf+wS =JzKP -----END PGP SIGNATURE-----
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asnonmous
Newbie
Offline
Activity: 35
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February 21, 2013, 04:48:04 PM |
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I signed the contract a couple of posts ago, but I'll re-sign it with the newest address. -----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1
1) Purpose This contract regulates the finalization of the ASICMINER auction in https://bitcointalk.org/index.php?topic=142038.0
2) Buyers PM.6 100 @ 0.45 ghostshirt 200 @ 0.45 Vezunchik 100 @ 0.45 LainZ 100 @ 0.45 asnonmous 5000 @ 0.44 (including 500 from board chair option)
3) Seller Shares are sold by user zefir. They are currently held directly by friedcat as a PGP-signed lock-in contract.
4) Escrow Graet and John (johnthedong) will escrow the transactions. Buyers decided whom to choose, resulting in the following transaction plan: PM.6 45 BTC to 1EEFt1JqyTuTEsGHERJj58QcYb72BaPeTj (Graet) ghostshirt 90 BTC to 15A8ztRxjnHud6unJi3dLpB9bLGdXVxAyg (Graet) Vezunchik 45 BTC to 1hnvX9pA6eSZPfGEaLHR1RHM6RE82yUox (Graet) LainZ 45 BTC to 18AfJDFimnxRCbK4JbzqdHm1SigCySYT3p (Graet) asnonmous 2200 BTC to 1CuNd5n42cfqDz8SPVLSRsGHk2tLcHVMGh (John)
Payment shall be made from an address that the buyer fully controls, i.e. is in possession of the private key, so the escrow in case of disputes and cancellation can return the funds to sender.
5) Activation This contract will be posted in the auction thread and changes its status to active when both escrows and the seller digitally sign it, either by PGP or Bitcoin address signature.
6) Acceptance After activation (i.e. the time when all three signatures from point 5. were posted), the buyers accept this contract by sending their respective payments to the escrow addresses given in 4. They are given three days (72h + 12h time zone margin) to finalize the trans- action in full. Failing so, their deal status changes to canceled.
7) Share Transfer ASICMINER is going to have its private exchange that is scheduled to go online before the first dividend payment is processed. As soon as it launches, buyers need to open an account and provide all required data to seller to initiate a transfer of shares. Since the details of the new exchange are not yet known, no defined deadlines for the transfer can be provided at this time. Seller is limited to do this with best effort and will keep buyers and escrows informed about the status.
On top of the transfer handled over the new exchange, seller will attempt to reach agreement with friedcat to split his position according to the sale and move them to bilateral contracts between buyers and friedcat directly and get their shares assigned to them before the exchange launches. Success solely depends on friedcat and can not be guaranteed.
8) Dividends Buyers are entitled for all ASICMINER dividends. Share transfer is scheduled to finalize before the first dividend is paid. Any dividends paid for any reason to seller shall be forwarded in full to the buyers at their following addresses: PM.6 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd ghostshirt 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh Vezunchik 1AkZFPx76RWEEpojMj5RvGDDesZxPazVdF LainZ 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV asnonmous 12mwAvJywtQF5rJXHzdBQd4yq8EVD7NZqX
9) Clearance Escrowed funds will be released to seller after buyers approval of * transfer of shares to their account * receipt of their dividends (if any happened before transfer)
Seller's address for this deal is 16CV4ktaWSp9TjEt2Wf4MMDhYbYi4TKXGc -----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.11 (MingW32)
iQIcBAEBAgAGBQJRJj42AAoJEINT5jezqu6wN+YP/RWorBOxxPLwZYVL8GPBBtCc Da12lyghQeETunopxu0pp08wsRYYpk2jNcGcPZ9r70eIgzC/Czao5eBiPM/hV+FS Vxsjk1alyYomB3SZvu/FTGGijwqFfgBM518CQj8TLeAHKrkyRuz3m5y1ECsurIic 7/RU+FPcptC52jiziHlMrN1Z1pWmWmoHV3forvFFsLSOgoWaDL16ckPeHaqVAroT +lQZyoa43gorIEIqBRqTJeYeIfshgEbTLmmhnfMh4+Fbs+sPzj7aLMtl4xQjdhx+ SjERt23sLWZk2cdjXqZIKCJ7iVFw4nyYA3c/8/lc9NgxjZ9LH4ijq9paQYFQXCv4 1po9NFtT2APAD11sIs2D9mMz2eivzaV7hm9UEz4W5F6k9yirvPV5cJ/RuIagezrC 2ukDMKU6/U7mccc5xpqdZCGZx7JBkId3wuQw6ZS6PNrUyZnoIZ3ZmydGoLdwRWNP xkIRIoZdflf/3GC1e/7S4vAuGYJeQTwd1hSPRAV7RmqElubQK6QgoTHgo3bAd0TM 3eQNaCtUpbZSKpZ2REkLiQ2QjckrL/ZGcctttGDe9fP4gfds1LlKI6eNhPAVH5hP nG4WmqSdTbUUR1eA1ASzN1XOeIU7yAzcEWARPZt26fzKxgBMdEtz+h/hNp+KJUbZ 5p7V8hNCyZgg5kbUf+wS =JzKP -----END PGP SIGNATURE-----
Confirmed, thanks. I'll do the transfer tonight when I get back to a computer.
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Graet
VIP
Legendary
Offline
Activity: 980
Merit: 1001
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February 21, 2013, 04:54:00 PM |
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-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1
1) Purpose This contract regulates the finalization of the ASICMINER auction in https://bitcointalk.org/index.php?topic=142038.0
2) Buyers PM.6 100 @ 0.45 ghostshirt 200 @ 0.45 Vezunchik 100 @ 0.45 LainZ 100 @ 0.45 asnonmous 5000 @ 0.44 (including 500 from board chair option)
3) Seller Shares are sold by user zefir. They are currently held directly by friedcat as a PGP-signed lock-in contract.
4) Escrow Graet and John (johnthedong) will escrow the transactions. Buyers decided whom to choose, resulting in the following transaction plan: PM.6 45 BTC to 1EEFt1JqyTuTEsGHERJj58QcYb72BaPeTj (Graet) ghostshirt 90 BTC to 15A8ztRxjnHud6unJi3dLpB9bLGdXVxAyg (Graet) Vezunchik 45 BTC to 1hnvX9pA6eSZPfGEaLHR1RHM6RE82yUox (Graet) LainZ 45 BTC to 18AfJDFimnxRCbK4JbzqdHm1SigCySYT3p (Graet) asnonmous 2200 BTC to 1CuNd5n42cfqDz8SPVLSRsGHk2tLcHVMGh (John)
Payment shall be made from an address that the buyer fully controls, i.e. is in possession of the private key, so the escrow in case of disputes and cancellation can return the funds to sender.
5) Activation This contract will be posted in the auction thread and changes its status to active when both escrows and the seller digitally sign it, either by PGP or Bitcoin address signature.
6) Acceptance After activation (i.e. the time when all three signatures from point 5. were posted), the buyers accept this contract by sending their respective payments to the escrow addresses given in 4. They are given three days (72h + 12h time zone margin) to finalize the trans- action in full. Failing so, their deal status changes to canceled.
7) Share Transfer ASICMINER is going to have its private exchange that is scheduled to go online before the first dividend payment is processed. As soon as it launches, buyers need to open an account and provide all required data to seller to initiate a transfer of shares. Since the details of the new exchange are not yet known, no defined deadlines for the transfer can be provided at this time. Seller is limited to do this with best effort and will keep buyers and escrows informed about the status.
On top of the transfer handled over the new exchange, seller will attempt to reach agreement with friedcat to split his position according to the sale and move them to bilateral contracts between buyers and friedcat directly and get their shares assigned to them before the exchange launches. Success solely depends on friedcat and can not be guaranteed.
8) Dividends Buyers are entitled for all ASICMINER dividends. Share transfer is scheduled to finalize before the first dividend is paid. Any dividends paid for any reason to seller shall be forwarded in full to the buyers at their following addresses: PM.6 1AXKZp4KU4tA4yPoFtHQPHoUi2DmWgHdEd ghostshirt 1ZKrazKLvfxNCYqk4BbboxiPonB9U3Pwh Vezunchik 1AkZFPx76RWEEpojMj5RvGDDesZxPazVdF LainZ 1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV asnonmous 12mwAvJywtQF5rJXHzdBQd4yq8EVD7NZqX
9) Clearance Escrowed funds will be released to seller after buyers approval of * transfer of shares to their account * receipt of their dividends (if any happened before transfer)
Seller's address for this deal is 16CV4ktaWSp9TjEt2Wf4MMDhYbYi4TKXGc
-----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.11 (GNU/Linux)
iQIcBAEBAgAGBQJRJlDGAAoJEKzw2PzCWiCgkf8P/iuf0AJIL2QrtEXXX1Kblo1N V8zD2eh0K+ThcWX8f8/v2zPzxqcKBbg8eAs4gc+l8ivakQy0M+jEoMoi6zKos7dy ajXiC4WOx1bJjjN48t7KReql2QzMeByPI8gUudOqKbcxIB9haAlsLrwJrsXmMEHG GcyW4dhjg1cuiOCrhKyQ5yjAYuCxnVhty5vqO3Z7YSFuTp/gPxdHgQBrBFsj13zb n92cjNrqw9fgTD1iWBpTpFckQepuPU56XiqrJvR2v75oSra18U+0d+qjZWw/oZJg rXquRt0JWSTmdFer+Oc+j0HIRrWeWJC9rhM1m6RMFmTBpz5hOJkrAnOP9l8s1B1c 9xOJ1OZxp8IKEaB150JfsnevrSCe3wY+kjmVkqPpsUVrr/OEk2frMVq1pAyirNZT DkVupgIj/hwcMieO53aLfzzOiaQheQEv6duVFb5g/ZLerL+H8PWwkHaROMGWoLHy o7DdhZlCiFszzgLLbhINMCoARg3tMkUHzljTfNafiqcwx+RoVIZ42V0WT8sniwCn R6clGRcjT+DfoWLdvSvbukOhEWYaqIllM56E09+gIBHsgsyYaLd8rDQ4arHUp7m6 Si6hdz81RXaop56i5JuGMwbUocFg+QqMGHi7y+csMvSLQK6WmN1Z0xcDA6481EBb S+cLEHF/N2cIZFickr5/ =9wPM -----END PGP SIGNATURE-----
Sorry for the delay Graet
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ghostshirt
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February 21, 2013, 05:12:37 PM |
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I've just made my payment of 90 BTC.
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zefir (OP)
Donator
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Activity: 919
Merit: 1000
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February 21, 2013, 05:18:32 PM |
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Both signatures verified.
Contract is active now.
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zefir (OP)
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Merit: 1000
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February 21, 2013, 09:18:08 PM |
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friedcat posted today's update in the ASICMINER thread. Beside ramping up of hashpower going as planned, the relevant information for this auction is that dividend payments will start next Thursday (Feb. 28.). Trades registered to him before that day will be fully accounted for the dividend payment, i.e. (thanks to the perfect timing of this auction ) buyers will receive their earnings to the address given in the contract.
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asnonmous
Newbie
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Activity: 35
Merit: 0
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February 22, 2013, 04:58:10 AM |
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