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Main => General Discussion => Topic started by: Emadovesky on December 14, 2017, 03:18:51 am

Title: Is it possible to make a trustless exchange smart Contracts on the dex?
Post by: Emadovesky on December 14, 2017, 03:18:51 am

For example if I want to exchange some Ltc for bitbtc with some one is it possible to create a smart contact to track the transaction on a block explorer and once It find that the Ltc arrived at my address automatically release the bitbtc to the other party?
This would make great benefits to the dex

Title: Re: Is it possible to make a trustless exchange smart Contracts on the dex?
Post by: abit on December 14, 2017, 01:38:36 pm

In general, you can just place an order on the market: https://wallet.bitshares.org/#/market/BTC_OPEN.LTC

For swapping, you can watch this: https://github.com/bitshares/bitshares-ui/issues/866

About escrow and OTC service, will be discussed in this ticket: https://github.com/bitshares/bsips/issues/44

Title: Re: Is it possible to make a trustless exchange smart Contracts on the dex?
Post by: pc on December 14, 2017, 02:16:02 pm

This is currently not possible. (Using OPEN.LTC or an escrow works, but is not trustless.)

Atomic Cross-Chain Trading is the important buzzword here, but it doesn't look like this is going to be implemented soon.