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Is it possible to make a trustless exchange smart Contracts on the dex?
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Topic: Is it possible to make a trustless exchange smart Contracts on the dex? (Read 1986 times)
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December 14, 2017, 02:16:02 pm
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#3
pc
Hero Member
Posts: 1530
BitShares:
cyrano
Re: Is it possible to make a trustless exchange smart Contracts on the dex?
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.
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Bitcoin - Perspektive oder Risiko? ISBN 978-3-8442-6568-2
http://bitcoin.quisquis.de
December 14, 2017, 01:38:36 pm
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#2
abit
Committee member
Hero Member
Posts: 4667
BitShares:
abit
GitHub:
abitmore
Re: Is it possible to make a trustless exchange smart Contracts on the dex?
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
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Last Edit: December 14, 2017, 01:42:16 pm by abit
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BitShares committee member: abit
BitShares witness: in.abit
December 14, 2017, 03:18:51 am
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#1
Emadovesky
Newbie
Posts: 10
Is it possible to make a trustless exchange smart Contracts on the dex?
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
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Is it possible to make a trustless exchange smart Contracts on the dex?