SLPswap: A Bitcoin Cash Decentralized Exchange

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November 18, 2020

Abstract

A Bitcoin Cash (BCH) Simple Ledger Protocol (SLP) swap trade solution. SLPswap is a standard BCH transaction and does not have a central point of failure. It is trustless using partially signed Bitcoin transactions BIP 174. Compared to centralized exchanges, SLPswap has a unique set of difficulties and respective mitigations. As usage and liquidity increases, it enables a variety of automated, behind-the-scenes improvements to user experience. Inmediate benefits are no counterparty risk and instant zero-conf trades.