Now we’re talking LFG

Agora sim, bora revisar View quoted note →

👀 View quoted note →

This piqued my interest 🤙

### Non-Technical Explanation of NIP-79 NIP-79 is a proposal that seeks to introduce a standardized way of handling digital contracts, covenants, and agreements within the Nostr protocol. In simple terms, this protocol acts as a digital platform that allows parties involved in a contract to interact in a more secure and verifiable manner. Here is a detailed explanation of each section: 1. Types of Documents: - Contract: A legally binding agreement between two or more parties. - Covenant: A written promise or restriction within a contract or agreement. - Agreement: A mutual understanding between parties regarding their relative rights and responsibilities. 2. Format: The documents will be in Markdown format, allowing for structured and human-readable presentation. 3. Metadata: Specific metadata fields can be added to the event, such as the title of the contract, the parties involved, the signing date, the expiration date, etc. 4. Timestamping with OpenTimestamps: Once signed, OpenTimestamps can be used to create a cryptographic proof of the contract's existence at a specific moment, stored on the Bitcoin blockchain. 5. References and Linking: Documents can reference other events in Nostr, such as annexes, terms and conditions, or other relevant documents. 6. New 'kind' Definitions: New definitions are introduced to categorize different stages and elements of the contractual process. ### Usage Example: Imagine that two companies, Company A and Company B, decide to enter into a collaboration contract. Here is how they might use this protocol: 1. Contract Creation: Company A creates a draft of the contract on the platform, detailing the terms and conditions of their collaboration with Company B. 2. Review and Signature: Company B reviews the contract, and once they are satisfied with the terms, both parties digitally sign the contract on the platform. 3. Signature Witnesses: Witnesses can be designated to verify the authenticity of the signatures involved, adding an additional layer of verification to the signing process. 4. Contract Execution: Once all parties have signed, the contract is officially activated on the platform, marking the beginning of the collaboration. 5. Verification and Security: At any time, the parties can verify the authenticity and integrity of the contract on the platform, ensuring that the agreed terms remain intact and secure. This protocol, therefore, facilitates a more secure, transparent, and efficient contractual process, which could be of great value in the legal world. CC @The Nostr Report

Talking with a friend of mine (lawyer) about nip79 he pointed this "Clearly establish in the contract terms which jurisdiction will be applicable in case of disputes. This reduces ambiguity and provides certainty to all parties involved"

This could work? ```json { "kind": 900, "created_at": "[Creation Timestamp]", "content": "[Content in Markdown]", "tags": [ ["title", "<Contract Title>"], ["summary", "<Short Description>"], // Optional: Short Description for preview ["valid_from", "Timestamp"], // Optional: Start date of the contract ["valid_to", "Timestamp"], // Optional: End date of the contract ["L", "nostr_contracts"], ["l", "Contract", "nostr_contracts"], // One could use "Covenant", "Agreement", or another type according to your specifications. ["p", "party", "<party's 1 pubkey>"], ["p", "party", "<party's 2 pubkey>"], ["p", "party", "<party's 3 pubkey>"], ["expiration", "<Time stamp limit to sign>"], ["jurisdiction", { "country": "USA", "state": "California", "city": "San Francisco", "court": "Superior Court of California" }] ], "pubkey": "[Signer's Public Key]", "id": "[Event ID]", } ```

I would simply do a positional tag: ["jurisdiction", "Superior Court of California", "San Francisco", "California", "USA"]

Done in the last commit

Don't forget contracts View quoted note →

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