basicswap/doc/notes.md

Run One Test

pytest -v -s tests/basicswap/test_xmr.py::Test::test_02_leader_recover_a_lock_tx

TODO

Features still required (of many):

• Cached addresses must be regenerated after use.
• Option to lookup data from public explorers / nodes.
• Ability to swap coin-types without running nodes for all coin-types
• More swap protocols
• Manual method to set wallet seeds from particl mnemonic
  • prepare script tries to load seeds automatically, btc versions < 0.21 require a fully synced chain

Seller first protocol:

Seller sends the 1st transaction.

1. Seller posts offer.

   • smsg from seller to network coin-from coin-to amount-from rate min-amount time-valid

2. Buyer posts bid:

   • smsg from buyer to seller offerid amount proof-of-funds address_to_buyer time-valid

3. Seller accepts bid:

   • verifies proof-of-funds
   • generates secret
   • submits initiate tx to coin-from network
   • smsg from seller to buyer txid initiatescript (includes pkhash_to_seller as the pkhash_refund)

4. Buyer participates:

   • inspects initiate tx in coin-from network
   • submits participate tx in coin-to network

5. Seller redeems:

   • constructs participatescript
   • inspects participate tx in coin-to network
   • redeems from participate tx revealing secret

6. Buyer redeems:

   • scans coin-to network for seller-redeem tx
   • redeems from initiate tx with revealed secret