Author Topic: BitUSD atomic cross chain trading  (Read 7681 times)

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Offline bernard

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Already supported at protocol level

Not sure what that means.. I guess technically Bitcoin supports this at a protocol level as long as someone changes the client to create and accept these two new tx types (PayOnSecretReveal & SecretReveal).

So i'm assuming it also needs to be implemented in Bitshares? How much work would it be? Is anyone interested in implementing it?  I think it would increase demand for BitUSD if people can swap it for their own prefered coin.

What can I do to help make this happen? A couple of new API calls would be a good start perhaps?

Offline bytemaster

Already supported at protocol level
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Offline bernard

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How easy would it be to implement this in BitShares? TLDR; Payments are locked for nBlocks and refunded unless a secret from receiver is revealed.

https://bitcointalk.org/index.php?topic=628547.0
http://upcoder.com/11/atomic-cross-chain-exchange/

I would love to be able to trade BitUSD for Bitcoin or other alts directly and not have to deal with going though BTS everytime.