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Fast Bridge Alternative #176
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IPs/RSKIP176.md
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## Previous concepts | ||
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#####Derived Federation | ||
The derived federation is the result of a process that will be carried out by creating a 32 bytes hash built from some provided derivation arguments and the active federation redeem script. The derivation arguments are values used to close the agreement between the Liquidity Provider and the user. |
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Suggested rewording:
The derived Powpeg address results from a transformation of the active Powpeg redeem script and a 32 bytes hash of some arguments related to that specific peg-in operation .The arguments are agreed by a Liquidity Provider and a user who wishes to peg-in.
IPs/RSKIP176.md
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**Derivation Arguments** | ||
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The derivation arguments are values used to close the agreement between the Liquidity Provider and the user. Some of these parameters are the RSK address where funds will be received, the BTC refund address, the Liquidity Bridge Contract address, the value to transfer, the amount of BTC blocks that the Liquidity Provider should wait before advancing the funds, the Liquidity Provider BTC refund address, the derived Federation address, and some other values that are domain of the Liquidity Provider. |
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First you call them arguments, but then "parameters". Let's stick to "arguments"
Co-authored-by: Brendan Graetz <bguiz@users.noreply.github.com>
Sergio rewrote the RSKIP
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