techfeudalist on Nostr: ➡️ “Why would CTV motivate people to pay for faster transactions more than any ...
➡️ “Why would CTV motivate people to pay for faster transactions more than any other normal transaction?”
It appears that it might be possible for CTV to create on-chain AMM-style marketplaces. On chain marketplaces create arbitrage opportunities which motivate people to pay for faster transactions:
https://www.coindesk.com/opinion/2024/07/09/mev-has-spread-to-bitcoin-in-subtler-forms-than-on-ethereum/
➡️ “CTV has been pretty well researched over the past 4 years since its inception.”
Please show me where the non-technical risks were discussed. I haven’t been able to find anything other than Peter identifying the risk of cheaper OOB payments.
➡️ “The key thing here, is you can't exit the contract if your counterparty is offline. So once the DLC options contract is created[…]”
It looks like you’re now referring to DLC contracts. We were previously discussing AMM style marketplaces.
You raised the issues of how the parties could be known. I suggested that a preregistration step might work.
You raised the issue whether the prices could be known. I suggested that perhaps specific UTXOs could represent points on the hyperbolic constant product curve (x * y = k) that’s used in AMM marketplaces.
You haven’t yet shown me why it’s impossible to create AMM style marketplaces using CTV.
It appears that it might be possible for CTV to create on-chain AMM-style marketplaces. On chain marketplaces create arbitrage opportunities which motivate people to pay for faster transactions:
https://www.coindesk.com/opinion/2024/07/09/mev-has-spread-to-bitcoin-in-subtler-forms-than-on-ethereum/
➡️ “CTV has been pretty well researched over the past 4 years since its inception.”
Please show me where the non-technical risks were discussed. I haven’t been able to find anything other than Peter identifying the risk of cheaper OOB payments.
➡️ “The key thing here, is you can't exit the contract if your counterparty is offline. So once the DLC options contract is created[…]”
It looks like you’re now referring to DLC contracts. We were previously discussing AMM style marketplaces.
You raised the issues of how the parties could be known. I suggested that a preregistration step might work.
You raised the issue whether the prices could be known. I suggested that perhaps specific UTXOs could represent points on the hyperbolic constant product curve (x * y = k) that’s used in AMM marketplaces.
You haven’t yet shown me why it’s impossible to create AMM style marketplaces using CTV.