Grin aims to be a privacy-preserving that is scalable, lightweight, and fair. In order to be privacy-preserving, the ability to trade in and out of Grin without leaking personal information and data is very important.
aims to deliver such functionality. It’s an open source project that is being written in Rust that makes cross-chain atomic swaps between Grin and , as well as Grin and /ERC-20 assets possible.
Implementing some of , it allows two parties to trade assets without having to trust each other, and without having to rely on an intermediary or third party escrow service. It makes OTC a breeze, it allows users to buy and sell Grin without leaving much trace, and as a result improves the fungibility of the other asset being traded as well.
This project is being led by my co-founder who is the creator of the and the . Initially the plan is to build out an atomic swap library for wallets to use, and to integrate this into to support swaps using and file based transfer methods. Find out more details and follow his progress in the .
We’re seeking funding contributions from the community to support this development effort. If you would like to see this functionality built, please consider donating to support this cause:
- Gitcoin grant where donations made until April 19th will be matched
Any help will be appreciated, big or small.
I’ll leave you with Jasper’s talk about the making that initial Grin <> swap from last year’s in Berlin:
Published at Thu, 18 Apr 2019 11:18:45 +0000