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Author Topic: Smart-contract dilemma.  (Read 193 times)
KullAxel
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September 01, 2017, 04:19:02 AM
 #1

Hello, evreyone!! I have to lend some money to a friend, but he doesn't want to get the money unless we create a contract. So I wonder if I can create a smart-contract without moving cryptocurrency coins? It's that possible?
thank you
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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September 01, 2017, 04:32:23 AM
 #2

Maybe check out "ethlend", creates smartcontract when requesting loans and such.




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ThatRandom8543
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September 01, 2017, 06:10:25 AM
 #3

In theory, it’s possible but would defeat the purpose (assuming he loan is non-coin related). In your case, it would be best to just create a simple contract, laying out the terms, the amount being loan out, what’s expected to be repaid, interest (if any), what will happen when being late to pay, etc. Take note that I’m not a lawyer so if you or your friend are concerned, talk to a lawyer but generally a simple written (and signed) contract will be good enough.
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September 01, 2017, 09:22:59 AM
 #4

Hello, evreyone!! I have to lend some money to a friend, but he doesn't want to get the money unless we create a contract. So I wonder if I can create a smart-contract without moving cryptocurrency coins? It's that possible?
thank you

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