What I find a rather interesting thing in all those

Question

What I find a rather interesting thing in all those

discussions is that if the liquidity provider offers a sell, and people are allowed to take it at the LPs choice of oracle,
then would a huge drop within an hour not cause the LP to want to retract or even cancel ?

As I wrote in my description of the way we can make Oracle's competitive, the Oracle should not work for free. It should work for the contract-taker and that would be the LP. Who can simply cancel the UTXO on too much slippage.

Because why would an LP care for losing so much money that it would be enough to bribe a miner? That may be the question nobody's been asking...

#bch #bitcoincash #cryptocurrency #english

0

08.08.2024

19 ответов

49 просмотров

Tom Автор вопроса

Hossein
cauldron doesn't rely on any oracles. This wouldn'...

hmm, then how can this statement from Mathieu be true? https://t.me/bchchannel/402315

0

4 месяца назад

Shadow Of Harbringer 👁️🧀

Tom
hmm, then how can this statement from Mathieu be t...

From what I understand about the tech, Cauldron does not rely on oracles right now. But I would love for @p2pcashadvocate to come and explain himself.

0

4 месяца назад

Hossein

Tom
hmm, then how can this statement from Mathieu be t...

Not sure what Mathieu meant there. Cauldron uses CFMM for market making. Every transaction by itself is not aware of anything other than the amounts of tokens & bch it's holding.

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4 месяца назад

Mathieu G

Tom
hmm, then how can this statement from Mathieu be t...

Old prices means the old ratio of tokens to Bitcoin cash which set the price in a liquidity pool

0

4 месяца назад

Shadow Of Harbringer 👁️🧀

Mathieu G
Old prices means the old ratio of tokens to Bitcoi...

Thanks for showing up, dude

0

4 месяца назад

Mathieu G

Shadow Of Harbringer 👁️🧀
Thanks for showing up, dude

Yeah I'm busy working on stuff 😆 but glad to clarify

0

4 месяца назад

Tom Автор вопроса

Mathieu G
Old prices means the old ratio of tokens to Bitcoi...

so, one UTXO holds both tokens and sats and the ratio of them is used in the spending transaction or something?

0

4 месяца назад

Mathieu G

Tom
so, one UTXO holds both tokens and sats and the ra...

Yeah

0

4 месяца назад

Hossein

Tom
hmm, then how can this statement from Mathieu be t...

Basically as long as utxo_token_amount * utxo_sat_amount <= output_token_amount * (output_sat_amount - fee) it is a valid trade.

0

4 месяца назад

Shadow Of Harbringer 👁️🧀

Mathieu G
Yeah

So basically every transaction that spends some BCH from the pool/inserts BCH into the pool changes the ratio, right? Ordering is thus absolutely critical.

0

4 месяца назад

bitcoincashautist

Shadow Of Harbringer 👁️🧀
From what I understand about the tech, Cauldron do...

the price is implied by the state of UTXOs you're spending

0

4 месяца назад

Dustin 🪐

Shadow Of Harbringer 👁️🧀
So basically every transaction that spends some BC...

With UTXO, ordering can't be changed, it isn't critical, it's instrumental.

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4 месяца назад

Shadow Of Harbringer 👁️🧀

Dustin 🪐
With UTXO, ordering can't be changed, it isn't cri...

I know, but one transaction can be mined and other TX can be not mined at random, which is the point

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4 месяца назад

Tom Автор вопроса

Shadow Of Harbringer 👁️🧀
I know, but one transaction can be mined and other...

assuming things that are not actually possible on the network today.

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4 месяца назад

Shadow Of Harbringer 👁️🧀

Tom
assuming things that are not actually possible on ...

Huh? Just make one transaction with signifiacntly higher fee, ensuring miners will pick it up like crazy. In case of (temporary) congestion you would expect the miners to not prioritize stuff? What is this, 2010?

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4 месяца назад

Tom Автор вопроса

Shadow Of Harbringer 👁️🧀
Huh? Just make one transaction with signifiacntly...

try it. Do it. Show us how miners pick up a transaction that doesn't actually ever reach them.

0

4 месяца назад

Shadow Of Harbringer 👁️🧀

Tom
try it. Do it. Show us how miners pick up a trans...

Стикер

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4 месяца назад