Atomic Swap scenarios WIP

README.md

All cases suppose that Maker and Taker already agree on X and Y and their public keys.

Without dealer

Maker locks first

Success case

1. Maker locks X
2. Taker locks Y
3. Maker takes Y
4. Taker takes X

Taker leaves

1. Maker locks X
2. Taker leaves

Results

• Maker loses time
• Taker gains optionality

Maker leaves

1. Maker locks X
2. Taker locks Y
3. Maker leaves

Results

• Maker loses time
• Taker loses time
• Maker gains optionality

Taker locks first

Success path

1. Taker locks X
2. Maker locks Y
3. Taker takes Y
4. Maker takes X

Maker leaves

1. Taker locks X
2. Maker leaves

Results

• Taker loses time
• Maker gains optionality

Taker leaves

1. Taker locks X
2. Maker locks Y
3. Taker leaves

Results

• Maker loses time
• Taker loses time
• Taker gains optionality

With dealer

All cases suppose that Maker, Taker and Dealer already agree on X and Y, their public keys.

Maker locks first

Success path

1. Maker locks X, sends preimage to Dealer
2. Taker locks Y
3. Dealer spends Y to Maker's wallet
4. Taker takes X

Taker leaves

1. Maker locks X, sends preimage and his address to Dealer
2. Taker leaves

Results

• Maker loses time
• Taker gains optionality

Maker leaves

No such case

Dealer leaves

1. Maker locks X, sends preimage and his address to Dealer
2. Taker locks Y
3. Dealer leaves
4. Maker

Taker locks first

Success

1. Taker locks X, sends preimage to Dealer
2. Maker locks Y
3. Dealer spends X to Maker's wallet
4. Taker takes Y

Maker leaves

1. Taker locks X, sends preimage to Dealer
2. Maker leaves

Results

• Taker loses time
• Maker loses reputation