Host-customized fork of https://github.com/tecnovert/basicswap/
You can not select more than 25 topics Topics must start with a letter or number, can include dashes ('-') and can be up to 35 characters long.
 
 
 
 
 
 

79 lines
7.6 KiB

# XMR protocol
## WIP
Relies on a One-Time Verifiably Encrypted Signature (OtVES) to function
An OtVES:
- Is a valid signature for key (a) encrypted with a public key (B)
- Can be decrypted into a valid signature for key (a) with the private key (b) to the encrypting public key (B)
- The encrypting private key (b) can be recovered using both the encrypted and decrypted signatures.
Leader - sends the first lock tx.
NOSCRIPT_COIN lock tx:
- sent second
- is sent to a combined key using a private key from each participant.
SCRIPT_COIN lock tx:
- Sent first
- Requires two signatures to spend from.
- Refund to sender txn is presigned for and can only be mined in the future.
- Spending the refund tx reveals the leader's NOSCRIPT_COIN split private key
- Sender withholds signature until NOSCRIPT_COIN lock tx is confirmed.
- spending the spend txn reveals the follower's NOSCRIPT_COIN split private key
```
Offerer (Leader) | Bidder (Follower) |
------------------------------------------------------------------------|-------------------------------------------------------------------------------|
o1. Sends offer | |
- x SCRIPT_COIN for y NOSCRIPT_COIN | |
- sends smsg OfferMessage | |
| b1. Receives offer |
| - validates offer |
| b2. Sends bid |
| - sends smsgs XmrBidMessage + 2x XmrSplitMessage |
| |
o2. Receives bid | |
- validates bid | |
o3. Accepts bid | |
- sends smsgs XmrBidAcceptMessage + 2x XmrSplitMessage | |
| |
| b3. Receives bid accept |
| - validates |
| - signs for lock tx refund |
| - sends smsg XmrBidLockTxSigsMessage |
| |
o4. Receives bidder lock refund tx signatures | |
- sends smsg XmrBidLockSpendTxMessage | |
- full SCRIPT_COIN lock tx | |
- signature to prove leader can sign for split key | |
- submits SCRIPT_COIN lock tx to network | |
| |
| b4. Receives XmrBidLockSpendTxMessage |
| - validates SCRIPT_COIN lock tx and signature |
| - waits for SCRIPT_COIN lock tx to confirm in chain |
| b5. Sends NOSCRIPT_COIN lock tx |
| |
o5. Waits for NOSCRIPT_COIN lock tx to confirm in chain | |
o6. Sends SCRIPT_COIN lock release. | |
- sends smsg XmrBidLockReleaseMessage | |
- includes OtVES ciphertext signature for the SCRIPT_COIN lock | |
spend tx. | |
| |
| b6. Receives offerer OtVES for SCRIPT_COIN lock spend tx. |
| - submits SCRIPT_COIN lock spend tx to network. |
| |
o7. Waits for SCRIPT_COIN lock spend tx. | |
- Extracts the NOSCRIPT_COIN bidders key using the signature | |
o8. Combines the keys to spend from the NOSCRIPT_COIN lock tx | |
- submits NOSCRIPT_COIN lock spend tx to network | |
```
Offerer sent 6 smsgs (2 extra from split messages)
Bidder sent 4 smsgs (2 extra from split messages)