Atomic Swaptions: Cryptocurrency Derivatives

Atomic Swaptions: Cryptocurrency Derivatives
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原子互换:加密货币衍生品

DOI:
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发表时间:
2018
期刊:
arXiv.org
影响因子:
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通讯作者:
James A. Liu
James A. Liu
中科院分区:
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文献类型:
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作者:
James A. Liu

文献摘要

被引文献

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原子交换协议允许在不同的区块链上交换加密货币,而无需信任第三方。然而,希望持有期权或期货等衍生资产的市场参与者也将从无信任交易中受益。在本文中,我提出了原子交换,它扩展了原子交换,以允许这样的交流。至关重要的是,原子交换不需要使用神谕。我还介绍了保证金合约,它提供了创建杠杆和空头头寸的能力。最后,我将讨论如何在闪电网络上路由原子交换。
The atomic swap protocol allows for the exchange of cryptocurrencies on different blockchains without the need to trust a third-party. However, market participants who desire to hold derivative assets such as options or futures would also benefit from trustless exchange. In this paper I propose the atomic swaption, which extends the atomic swap to allow for such exchanges. Crucially, atomic swaptions do not require the use of oracles. I also introduce the margin contract, which provides the ability to create leveraged and short positions. Lastly, I discuss how atomic swaptions may be routed on the Lightning Network.