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Move templates dir. Add version to index. Remove bitcoin config from docker json config - extra coins can be enabled with prepare -addcoin.
72 lines
2 KiB
Markdown
72 lines
2 KiB
Markdown
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# Simple Atomic Swap Network - Proof of Concept
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[](https://travis-ci.org/tecnovert/basicswap)
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## Overview
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Simple atomic swap experiment, doesn't have many interesting features yet.
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Not ready for real world use.
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Uses Particl secure messaging and Decred style atomic swaps.
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The Particl node is used to hold the keys and sign for the swap transactions.
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Other nodes can be run in pruned mode.
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A node must be run for each coin type traded.
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In the future it should be possible to use data from explorers instead of running a node.
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## Currently a work in progress
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Not ready for real-world use.
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Features still required (of many):
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- Cached addresses must be regenerated after use.
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- Option to lookup data from public explorers / nodes.
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- Load active bids from db at startup
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- Ability to swap coin-types without running nodes for all coin-types
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- More swap protocols
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- Method to load mnemonic into Particl.
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- COIN must be defined per coin.
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## Seller first protocol:
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Seller sends the 1st transaction.
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1. Seller posts offer.
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- smsg from seller to network
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coin-from
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coin-to
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amount-from
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rate
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min-amount
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time-valid
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2. Buyer posts bid:
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- smsg from buyer to seller
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offerid
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amount
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proof-of-funds
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address_to_buyer
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time-valid
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3. Seller accepts bid:
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- verifies proof-of-funds
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- generates secret
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- submits initiate tx to coin-from network
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- smsg from seller to buyer
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txid
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initiatescript (includes pkhash_to_seller as the pkhash_refund)
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4. Buyer participates:
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- inspects initiate tx in coin-from network
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- submits participate tx in coin-to network
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5. Seller redeems:
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- constructs participatescript
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- inspects participate tx in coin-to network
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- redeems from participate tx revealing secret
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6. Buyer redeems:
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- scans coin-to network for seller-redeem tx
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- redeems from initiate tx with revealed secret
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