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To: Chris Belcher <belcher@riseup.net>,
Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
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Subject: Re: [bitcoin-dev] Detailed protocol design for routed
multi-transaction CoinSwap appendium
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Good morning Chris,
>
> Looking at these equations, I realize that the incentives against
> post-coinswap-theft-attempt still work even if we set K =3D 0, because th=
e
> extra miner fee paid by Bob could be enough disincentive.
This made me pause for a moment, but on reflection, is correct.
The important difference here relative to v1 is that the mining fee for the=
collateralized contract transaction is deducted from the `Jb` input provid=
ed by Bob.
> Unlike the v1 protocol, each CoinSwap party knows a different version=
of
> the contract transactions, so the taker Alice always knows which make=
r
> broadcast a certain set of contract transactions, and so can always b=
an
> the correct fidelity bond.
Great observation, and an excellent property to have.
Will go think about this more.
Regards,
ZmnSCPxj
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