The protocol aims to be a decentralized version of centralized swap services like Boltz. The architecture is client-server, taker-maker, respectively, and parties put up fidelity bonds to prevent fraud. I found the intro docs helpful. One thing I didn't find very easily is how takers discover makers, but maybe that will just happen out of band similar to the way nostr client have some seed relays.
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136 sats \ 1 reply \ @0xbitcoiner 9 Jan
This is a different ball game. I can't say if it's an upgrade or a downgrade!
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18 sats \ 0 replies \ @k00b OP 9 Jan
Upgrade if censorship resistance matters, downgrade if it doesn't.
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15 sats \ 1 reply \ @siggy47 9 Jan
I like this. Maybe in the long run it will be a bit of competition for Boltz. It will likely suffer a bit from lack of convenience, like all decentralized tools.
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41 sats \ 0 replies \ @toejam 9 Jan freebie
I hope, we need more options.
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12 sats \ 1 reply \ @02ad8239c2 10 Jan
on a side note, i'm still wondering if chris belcher, whose teleport transactions this is a fork of, was injected back in 2021/2 - his work diary claims 'long covid' to be the cause of the blood problem that stopped him working, but the description of the clotting of his blood seems anecdotally closer to some of the needle stories of late.
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0 sats \ 0 replies \ @k00b OP 10 Jan
I'm unfamiliar with these stories. Is it the covid shots given without aspirating?
For anyone else that needed the reminder: #222675 (post from over a year ago with not much discussion)
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30 sats \ 1 reply \ @SwapMarket 9 Jan
Boltz swaps can already be run in a decentralized way and no cheating is possible. Being a maker takes substantial time and resources. But in theory any decent lightning node can become one.
Check out our FOSS swaps marketplace!
There is also PeerSwap network of nodes.
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0 sats \ 0 replies \ @nym 9 Jan
Interesting. I haven’t seen this before
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