Generate mdbook

darkrenaissance · Dec 23, 2024 · 85f6c7d · 85f6c7d
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+This file makes sure that Github Pages doesn't process mdBook's output.
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diff --git a/arch/anonymous_assets.html b/arch/anonymous_assets.html
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+# DEX
+
+With cross-chain bridging and darkpool DEX then DarkFi would be a very
+attractive trading tool.
+
+We currently have OTC swaps which are an efficient way to settle trades
+on-chain. But there needs to be an orderbook for matching counterparties.
+
+We propose that this job can be performed by an order-matching bot which
+maintains an orderbook. Later this role can be split with MPC.
+
+The order-matching party needs to be able to construct the swap trade,
+even when the LP is offline.
+
+We propose to do this using the spend hook and a special `auth_otc` function.
+The `auth_otc` basically says:
+
+* The sender of the funds has the right at any time to withdraw liquidity and
+  cancel the LP.
+* The funds are delegated to the order-matching party but with restrictions:
+    * Can only make an OTC swap tx using the funds.
+    * The trade parameters are completely specified such as the price and
+      currencies.
+
+The funds are therefore delegated to the order-matching party, who finds
+counterparty offers and executes the trades settling them on-chain. Both parties
+receive their funds in a trustless anonymous manner. At any time the LP can be
+canceled and funds withdrawn.
+
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		This file makes sure that Github Pages doesn't process mdBook's output.