[Bitcoin-development] BIP Draft: Atomic Cross Chain Transfer Protocol

2014-04-30 Thread Tier Nolan
Due to popular demand, I have created a BIP for cross chain atomic transfers. Unlike the previous version, this version only requires hash locking. The previous version required a selector transaction based on if statements. OP_HASH160 OP_EQUAL_VERIFY [public key] OP_CHECKSIG

Re: [Bitcoin-development] BIP Draft: Atomic Cross Chain Transfer Protocol

2014-04-30 Thread Luke Dashjr
On Wednesday, April 30, 2014 6:03:59 PM Tier Nolan wrote: Due to popular demand, I have created a BIP for cross chain atomic transfers. https://github.com/TierNolan/bips/blob/bip4x/bip-atom.mediawiki Instead of TX0, TX1, etc, can you put some kind of meaningful identifier for these

Re: [Bitcoin-development] BIP Draft: Atomic Cross Chain Transfer Protocol

2014-04-30 Thread Tier Nolan
On Wed, Apr 30, 2014 at 7:59 PM, Luke Dashjr l...@dashjr.org wrote: Instead of TX0, TX1, etc, can you put some kind of meaningful identifier for these transactions? Sorry, that is the names come from the original thread, where I was outlining the idea. I updated the names. TX1 and TX2

Re: [Bitcoin-development] BIP Draft: Atomic Cross Chain Transfer Protocol

2014-04-30 Thread Tier Nolan
I updated again. The new version only requires non-standard transactions on one of the two networks. Next step is a simple TCP / RPC server that will implement the protocol to trade between testnet and mainnet. Timeouts of much less than 24 hours should be possible now. On Wed, Apr 30, 2014