Article

The Arwen Trading Protocols

Authors:

Sebastien Lipmann,

Sharon GoldbergAuthors Info & Claims

Financial Cryptography and Data Security: 24th International Conference, FC 2020, Kota Kinabalu, Malaysia, February 10–14, 2020 Revised Selected Papers

Pages 156 - 173

https://doi.org/10.1007/978-3-030-51280-4_10

Published: 10 February 2020 Publication History

Abstract

The Arwen Trading Protocols are layer-two blockchain protocols for traders to securely trade cryptocurrencies at a centralized exchange, without ceding custody of their coins to the exchange. Before trading begins, traders deposit their coins in an on-blockchain escrow where the agent of escrow is the blockchain itself. Each trade is backed by the coins locked in escrow. Each trade is fast, because it happens off-blockchain, and secure, because atomic swaps prevent even a hacked exchange from taking custody of a trader’s coins. Arwen is designed to work even with the “lowest common denominator” of blockchains—namely Bitcoin-derived coins without SegWit support. As a result, Arwen supports essentially all “Bitcoin-derived” coins e.g., BTC, LTC, BCH, ZEC, as well as Ethereum. Our protocols support Limit and RFQ order types, we implemented our RFQ protocol and it is available for use at arwen.io.

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Cited By

Xue YJin DHerlihy M(2023)Invited Paper: Fault-tolerant and Expressive Cross-Chain SwapsProceedings of the 24th International Conference on Distributed Computing and Networking10.1145/3571306.3571388(28-37)Online publication date: 4-Jan-2023
https://dl.acm.org/doi/10.1145/3571306.3571388
Minaei MChatzigiannis PJin SRaghuraman SKumaresan RZamani MMoreno-Sanchez P(2023)Unlinkability and Interoperability in Account-Based Universal Payment ChannelsFinancial Cryptography and Data Security. FC 2023 International Workshops10.1007/978-3-031-48806-1_24(367-384)Online publication date: 1-May-2023
https://dl.acm.org/doi/10.1007/978-3-031-48806-1_24
Baldimtsi FMiers IZhang X(2021)Anonymous SidechainsData Privacy Management, Cryptocurrencies and Blockchain Technology10.1007/978-3-030-93944-1_17(262-277)Online publication date: 8-Oct-2021
https://dl.acm.org/doi/10.1007/978-3-030-93944-1_17

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Information & Contributors

Information

Published In

cover image Guide Proceedings

Financial Cryptography and Data Security: 24th International Conference, FC 2020 , Kota Kinabalu, Malaysia, February 10–14, 2020 Revised Selected Papers

Feb 2020

688 pages

ISBN:978-3-030-51279-8

DOI:10.1007/978-3-030-51280-4

Editors:
Joseph Bonneau
New York University, New York City, NY, USA
,
Nadia Heninger
University of California, La Jolla, CA, USA

© International Financial Cryptography Association 2020.

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Springer-Verlag

Berlin, Heidelberg

Publication History

Published: 10 February 2020

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Cited By

Xue YJin DHerlihy M(2023)Invited Paper: Fault-tolerant and Expressive Cross-Chain SwapsProceedings of the 24th International Conference on Distributed Computing and Networking10.1145/3571306.3571388(28-37)Online publication date: 4-Jan-2023
https://dl.acm.org/doi/10.1145/3571306.3571388
Minaei MChatzigiannis PJin SRaghuraman SKumaresan RZamani MMoreno-Sanchez P(2023)Unlinkability and Interoperability in Account-Based Universal Payment ChannelsFinancial Cryptography and Data Security. FC 2023 International Workshops10.1007/978-3-031-48806-1_24(367-384)Online publication date: 1-May-2023
https://dl.acm.org/doi/10.1007/978-3-031-48806-1_24
Baldimtsi FMiers IZhang X(2021)Anonymous SidechainsData Privacy Management, Cryptocurrencies and Blockchain Technology10.1007/978-3-030-93944-1_17(262-277)Online publication date: 8-Oct-2021
https://dl.acm.org/doi/10.1007/978-3-030-93944-1_17

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