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{"valueParameterDescriptions":[["Price","Amount of Lovelace to be paid by the *Buyer* for the item."]],"slotParameterDescriptions":[["Buyer's deposit timeout","Deadline by which the *Buyer* must deposit the selling *Price* in the contract."],["Buyer's dispute timeout","Deadline by which, if the *Buyer* has not opened a dispute, the *Seller* will be paid."],["Seller's response timeout","Deadline by which, if the *Seller* has not responded to the dispute, the *Buyer* will be refunded."],["Timeout for arbitrage","Deadline by which, if the *Arbiter* has not resolved the dispute, the *Buyer* will be refunded."]],"roleDescriptions":[["Arbiter","The party that will choose who gets the money in the event of a disagreement between the *Buyer* and the *Seller* about the outcome."],["Buyer","The party that wants to buy the item. Payment is made to the *Seller* if they acknowledge receiving the item."],["Seller","The party that wants to sell the item. They receive the payment if the exchange is uneventful."]],"contractType":"ES","contractName":"Simple escrow","contractDescription":"Regulates a money exchange between a *Buyer* and a *Seller*. If there is a disagreement, an *Arbiter* will decide whether the money is refunded or paid to the *Seller*.","choiceDescriptions":[["Confirm problem","Acknowledge there was a problem and a refund must be granted."],["Dismiss claim","The *Arbiter* does not see any problem with the exchange and the *Seller* must be paid."],["Dispute problem","The *Seller* disagrees with the *Buyer* about the claim that something went wrong."],["Everything is alright","The transaction was uneventful, *Buyer* agrees to pay the *Seller*."],["Report problem","The *Buyer* claims not having received the product that was paid for as agreed and would like a refund."]]} |
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/* We can set explicitRefunds true to run Close refund analysis | |
but we get a shorter contract if we set it to false */ | |
const explicitRefunds: Boolean = false; | |
const buyer: Party = Role("Buyer"); | |
const seller: Party = Role("Seller"); | |
const arbiter: Party = Role("Arbiter"); | |
const price: Value = ConstantParam("Price"); | |
const depositTimeout: Timeout = SlotParam("Buyer's deposit timeout"); | |
const disputeTimeout: Timeout = SlotParam("Buyer's dispute timeout"); | |
const answerTimeout: Timeout = SlotParam("Seller's response timeout"); | |
const arbitrageTimeout: Timeout = SlotParam("Timeout for arbitrage"); | |
function choice(choiceName: string, chooser: Party, choiceValue: SomeNumber, continuation: Contract): Case { | |
return Case(Choice(ChoiceId(choiceName, chooser), | |
[Bound(choiceValue, choiceValue)]), | |
continuation); | |
} | |
function deposit(timeout: Timeout, timeoutContinuation: Contract, continuation: Contract): Contract { | |
return When([Case(Deposit(seller, buyer, ada, price), continuation)], | |
timeout, | |
timeoutContinuation); | |
} | |
function choices(timeout: Timeout, chooser: Party, timeoutContinuation: Contract, list: { value: SomeNumber, name: string, continuation: Contract }[]): Contract { | |
var caseList: Case[] = new Array(list.length); | |
list.forEach((element, index) => | |
caseList[index] = choice(element.name, chooser, element.value, element.continuation) | |
); | |
return When(caseList, timeout, timeoutContinuation); | |
} | |
function sellerToBuyer(continuation: Contract): Contract { | |
return Pay(seller, Account(buyer), ada, price, continuation); | |
} | |
function paySeller(continuation: Contract): Contract { | |
return Pay(buyer, Party(seller), ada, price, continuation); | |
} | |
const refundBuyer: Contract = explicitRefunds ? Pay(buyer, Party(buyer), ada, price, Close) : Close; | |
const refundSeller: Contract = explicitRefunds ? Pay(seller, Party(seller), ada, price, Close) : Close; | |
const contract: Contract = | |
deposit(depositTimeout, Close, | |
choices(disputeTimeout, buyer, refundSeller, | |
[{ value: 0n, name: "Everything is alright", continuation: refundSeller }, | |
{ | |
value: 1n, name: "Report problem", | |
continuation: | |
sellerToBuyer( | |
choices(answerTimeout, seller, refundBuyer, | |
[{ value: 1n, name: "Confirm problem", continuation: refundBuyer }, | |
{ | |
value: 0n, name: "Dispute problem", continuation: | |
choices(arbitrageTimeout, arbiter, refundBuyer, | |
[{ value: 0n, name: "Dismiss claim", continuation: paySeller(Close) }, | |
{ value: 1n, name: "Confirm problem", continuation: refundBuyer } | |
]) | |
}])) | |
}])); | |
return contract; | |
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{} |
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