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RE: 🔊BitShares Hangout #56 | 2018-1-27 | Sat @200PM UTC | OpenSource Agenda [Beyondbit Raffle Powered by SP!]

in #eos-project7 years ago (edited)

The Scorum team would love to join this week's Beyondbitcoin bitshares hangout to discuss atomic cross-chain transactions on the Graphene Framework!

  1. Scorum's solution to Atomic Swaps between Graphene-based blockchains and others including Litecoin.
  2. Read all about it on Scorum's blog here on Steemit and check out the Github Repo
  3. Scorum's CTO and Blockchain Architect Alex Shkor (discord username alexshkor and bitshares username alex-shkor) would love to discuss all the nitty gritty details at the bitshares hangout.
  4. Scorum is a sports media platform built off of the Steem code-base and modified to offer more sports-specific services such as a statistics center, fantasy leagues, and a peer-2-peer sports betting exchange. We're in the middle of our crowdsale right now and would love to connect more with the bitshares community and share our atomic swaps implementation with you.
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Delighted that you can attend to discuss! The following example might be helpful for readers to demonstrate a use case (this example omits the the technicalities and extra steps that are required):

  • One chain (Chain A) has an asset called Apple. Another chain (Chain B) has an asset called Banana.

  • Dan has an account on Chain A and B. Nathan also has an account on Chain A and B.

  • Dan owns 1 Apple on Chain A. Nathan owns 5 Bananas on Chain B. They want to trade.

  • At the end of the ACCT, Dan will own 5 Bananas on Chain B, and Nathan will own 1 Apple on Chain A.

Items to note:

  • the traders must have accounts on both blockchains
  • an asset never leaves its native blockchain