lbryio / lbrycrd

The blockchain that provides the digital content namespace for the LBRY protocol
https://lbry.com
MIT License
2.57k stars 178 forks source link

Update Bitcoin codebase to support Atomic Swaps/decentralized OTC exchange #86

Closed ghost closed 6 years ago

ghost commented 6 years ago

In the time when centralized exchanges are on the fall, in fear of strict regulation - It is time to enable support for decentralized and trustless on-chain and off-chain OTC (over-the-counter) exchanges between cryptocurrencies. By updating the codebase of LBRY to the newest codebase of Bitcoin, we will be able to support Atomic Swaps. https://github.com/decred/atomicswap Decred (https://Decred.org) made a repository here. We can fork it.

Here is a picture made by Particl, illustrating how it works: https://image.ibb.co/jcomwm/atomic_swap.png

I will also write about these issues at https://LBRY.Community

ghost commented 6 years ago

I am open for discussion on this matter.

alyssaoc commented 6 years ago

this will happen when upstream issues are merged

lyoshenka commented 6 years ago

tracking upstream merge progress in #174