SAS: Succinct Atomic Swap



Summary:

The conversation between two individuals, ZmnSCPxj and Ruben, revolves around cross-chain swaps and CoinSwap. They discuss the efficiency of the protocol and its ability to adapt to innovations in cross-chain swaps. Additionally, they compare CoinSwap with private key turnover and explore a counterproposal for cross-chain swaps. The counterproposal uses absolute timelocks, which are better for privacy. However, it has some drawbacks, including awkwardness if Alice had a high fee copy after the protocol completes. Leakage of information in case of uncooperative abort is acceptable as long as the cooperative case is not traceable. Lastly, they touch on HD wallets and the need to move funds into an HD pubkey when cold-storing LTC.


Updated on: 2023-06-14T01:28:06.515994+00:00