Rebecca Rose and Peter Kacherginsky, employees of the leading US crypto exchange Coinbase, revealed how they used Ethereum’s blockchain to legally marry.
On April 3, Rose posted on Twitter to announce that on March 14, the couple cut the knot in both the physical and virtual words.
Most people marry in a place of religious worship, on a beach or in the mountains. Peter (@_iphelix) and I am NOT most people. We are married on the #blocking. 1/7 pic.twitter.com/2ExexrlLbZ
– Rebecca Rose (@rgoldilox) 2 April 2021
In addition to a traditional Jewish wedding ceremony, Kacherginsky wrote a clever Ethereum contract called Tabaat that issued an ‘NFT’ with a ‘ring’ in the form of TBT signs to the wallets for couples. Tabaat is the Hebrew word for ring.
Kacherginsky created the 2,218-line-smart contract on March 22, with the contract costing 0.25 ETH, which was worth about $ 450 at the time. An hour after the contract came into effect, three more transactions were sent from Tabaat for an additional cost of 0.0048 ETH or $ 87, indicating that it costs about $ 537 to sign a marriage contract.
The ceremony itself consists of two transactions – the transfer of the NFT ‘rings’ from the contract to Rose and Kacherginsky. In total, the ceremony took 4 minutes to validate through the Ethereum network, and raised $ 50 in mining fees.
In contrast, the average physical wedding in the United States costs about $ 25,000.
The NFTs depict an animation of two circles merging into one and being illustrated by artist Carl Johan Hasselrot. On Twitter, Rose said:
‘Unlike physical objects, the blockchain is forever. It is unstoppable, it is impossible to censor and does not require anyone’s permission. Just as love should be. What could be more romantic than that? ”
This is not the first blockchain-based marriage, with the first time DLT tied the knot in October 2014. David Mondrus and Joyce Bayo formalized their marriage by scanning a QR code during a ceremony held at a private Bitcoin conference at Disney. World in Orlando, Florida.