Establish ownership from a Bitcoin address

bitcoin-nfts / bitcoin-colors

A sample NFT collection that shows the strong connection between Stacks and Bitcoin.

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Establish ownership from a Bitcoin address #18

Open whoabuddy opened 1 year ago

whoabuddy commented 1 year ago

We have a claim function that accepts some data about the BTC transaction, some open questions:

what info do we need from the BTC TX? (linking bitcoin-nfts/mint-runner#2)
what will the flow for claiming the NFT to a Stacks wallet look ilke?
should the NFTs be held in a separate escrow contract with claim functionality?

To that last point, that might help with execution costs as the claim function would mint to the escrow contract, and the escrow contract could handle the claim logic/processing.

whoabuddy commented 1 year ago

~~Discussed on the meeting re: xDAO implementation:~~

is it worth the development time to implement xDAO now?
should we just allow an admin to make changes?
who would be the members of the DAO? NFT owners?

Update: for now, let's keep it simple, xDAO can always come later

whoabuddy commented 1 year ago

Potential issue and solution around using the xDAO structure: by default the base DAO and extensions have access to all assets.

This could be rewritten in the escrow contract (there's also the notion of external contracts controlled by the DAO), and maybe an intermediary step is until the Bitcoin is claimed by the runner, the NFT is temporarily under DAO ownership. Will think this through a bit more.