Skip to content
This repository was archived by the owner on Jul 14, 2020. It is now read-only.
This repository was archived by the owner on Jul 14, 2020. It is now read-only.

⚗️ Create basic expiry model of RFC003 #14

@LLFourn

Description

@LLFourn

Calculate the appropriate alpha_expiry and beta_expiry for each party given the following:

  • A function which when given the time since broadcasting a transaction and the transaction fee will return the probability that the transaction has been included in a block.
  • A function which when given the time a transaction has been included in a block will return the probability of it being permanently in the blockchain.
  • The party's required confidence that they won't lose an asset.

DOD:

  • Make a meeting to demonstrate the model
  • Give realistic alpha_expiry, beta_expiry values for BTC-ETH and ETH-BTC.
  • Include results in relevant RFCs.
  • Create issue to default to such realistic values in COMIT-i

Child of comit-network/comit-rs#670

Metadata

Metadata

Labels

No labels
No labels

Type

No type
No fields configured for issues without a type.

Projects

No projects

Relationships

None yet

Development

No branches or pull requests

Issue actions