OmniBOLT: Facilitates smart assets lightning transactions
Contact: Neo Carmack(neocarmack@omnilab.online), Ben Fei(benfei@omnilab.online)
Based on the fundamental theory of the Lightning network, the OmniBOLT specification describes how to enable OmniLayer assets to be circulated via lightning channels, and how can smart assets benefit from this novel quick payment theory.
In addition, OmniBOLT provides more flexible contracts for upper-layer decentralized applications. OmniBOLT daemon is a golang implementation of this specification, an open source, off-chain decentralized platform, built upon BTC/OmniLayer network, implements basic HTLC payment, atomic swap of multi-currencies, and more off-chain contracts on the network of smart assets enabled lightning channels.
Features
- Instant payment of smart assets issued on OmniLayer and Etherium(soon future).
- Cross channel atomic swap for various crypto assets.
- Decentralized exchange on top of stable coin enabled lightning channels.
OmniBOLT #06: Automatic Market Maker, Liquidity Pool and DEX
OmniBOLT #07: Hierarchical Deterministic (HD) wallet, Invoice Encoding
Technology Guide
OmniBOLT Technology Guide Part I offers quick understanding of the rationale, concepts, architecture of OmniBOLT.
Implementation and API for client applications
Implementation of OmniBOLT specification can be found in this repository OmniBOLT Daemon.
Quick Start
It is recommended to start with a graphic tool to play with OmniBOLT: https://github.com/omnilaboratory/obd#quick-start-on-regtest
Contribution
OmniBolt specification is incubated by Omnilayer.foundation. Any proposal, please submit issues in this repo.