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Decentralized Exchange on Plasma #2

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chriseth opened this issue Jan 25, 2018 · 0 comments

chriseth commented Jan 25, 2018 •

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I'm just using this as a sketchbook. Please complain if this is the wrong place ;-)

This system is designed for a single token pair.

Messages:

create order(buy/sell, amount, price) -> id
cancel order(id)
combine orders(buys: amounts, prices, sells: amounts, prices)
execute order(?) -> ?
combine order execution result

Internal nodes combine order books from their children and post the results upwards.

Orders are executed at the root node, and execution results are sent downwards.

Internal nodes have to split up execution results, update order books and also take into account canceled orders.

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