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Tooth Fairy

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Apr 6th, 2014
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  1. ============= PARTIES ===============
  2.  
  3. TOOTHLESS: (Offeree or Contractee)
  4. ------------------------------------------------------------
  5. TL = Tooth_Loser and contractual reward petitioner (Child)
  6. --- TL is a contractee offering to provide "Proof of Tooth"
  7. ----- TL seeks a payment reward of which some Council of Tooth Fairies might trigger.
  8. ------- some payment as reward through consensus verification of the TL "Proof of Tooth".
  9.  
  10.  
  11. TOOTH FAIRIES (COUNCIL) : range(TF[x] ... TF[n]) // (Offeror(s) or Contractors)
  12. ---------------------------------------------------------------------------------------------------
  13. TF[x] = Tooth_Fairy_x (Parent)
  14. TF[2] = Tooth_Fairy_02 (Grandparent)
  15. TF[3] = Tooth_Fairy_03 (Uncle)
  16. TF[4] = Tooth_Fairy_04 (Aunt)
  17. TF[5] = Tooth_Fairy_05 (Guardian)
  18. TF[n] = Tooth_Fairy_n (Honorary - Tooth Fairy Guild Member)
  19.  
  20. --------------------
  21. PARTIES NOTES :
  22.  
  23. - Tooth Fairies maintain accounts from which reward payments are issued.
  24. - When (account(TF[n]).balance - (RewardPayment / n) > 0) // triggers contract payment.
  25. --- So, when adequate funds for reward payment are available within
  26. --- the accounts of all participating Tooth Fairies, this indicates Tooth Fairy "Proof of Tooth" consensus
  27. --- payment is then triggered by this consensus of a Quorum or Council of participating Tooth Fairies.
  28.  
  29. ============ END PARTIES =============
  30.  
  31. ------------------------------------------
  32.  
  33. OFFER - A reward payment in Ethereum currency units for "Proof of Tooth" consensus verification.
  34.  
  35. ------------------------------------------
  36.  
  37.  
  38.  
  39. ====== Proof of Tooth (POT) =====
  40.  
  41. - CONDITION: "Proof of Tooth"
  42. --- PROOF - "Proof of Tooth" determined by Tooth Faries
  43. ----- Threshold trigger is the adequate funding of Tooth Fairy Accounts
  44. ----- Tooth Fairy consensus, a threshold trigged by adequately funded accounts
  45.  
  46.  
  47. TERMS - Uploaded image of socket of missing tooth and/or lost tooth or Statement of POT.
  48. --- Then confirmed by participating Council of Tooth Fairies by the funding of reward/payment accounts,
  49. ----- Their TF[n] account
  50.  
  51. ===== END POT =====
  52.  
  53.  
  54. CONSIDERATION - Funding of "Tooth Fairy" account(s) by Tooth Fairies.
  55.  
  56. ACCEPTANCE - Tooth Fairy account balance(s) as threshold trigger, a consensus.
  57.  
  58.  
  59. Object of the Contract - Transfer of Ethereum currency units to TL contractee
  60.  
  61. ===== ELEMENTS of a CONTRACT =====
  62.  
  63. Offer:
  64. Acceptance:
  65. Consideration:
  66. Intent of the Parties:
  67. Object of the Contract:
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