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[taler-marketing] branch master updated: blockchain integration
From: |
gnunet |
Subject: |
[taler-marketing] branch master updated: blockchain integration |
Date: |
Sun, 05 Mar 2023 19:04:35 +0100 |
This is an automated email from the git hooks/post-receive script.
dold pushed a commit to branch master
in repository marketing.
The following commit(s) were added to refs/heads/master by this push:
new de5a660 blockchain integration
de5a660 is described below
commit de5a660dc7a48d4403d0c3c682704096f84dafe0
Author: Florian Dold <florian@dold.me>
AuthorDate: Sun Mar 5 19:04:31 2023 +0100
blockchain integration
---
2023-blockchain-integration.md | 29 +++++++++++++++++++++++++++++
1 file changed, 29 insertions(+)
diff --git a/2023-blockchain-integration.md b/2023-blockchain-integration.md
new file mode 100644
index 0000000..a61352e
--- /dev/null
+++ b/2023-blockchain-integration.md
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+# Taler/Blockchain Synergies
+
+Two types of complementary Blockchain integration are possible:
+
+1. Blockchain as underlying account-based settlement layer (RTGS, wholesale
CBDC)
+2. Blockchain as decentralized, durable, append-only data storage
+
+# Taler + RTGS Blockchain
+
+* Blockchain is used as the underlying account-based settlement layer
+ * Incoming transactions to exchange are monitored as part of issuing digital
cash
+ * Outgoing payments are initiated by exchange to pay merchants/customers for
deposited digital cash
+* Requires adapter that exposes HTTP/JSON interface to exchange (called a wire
gateway)
+* Depolymerizer project implements this for ETH and BTC Blockchains
+
+Implementation estimates (person-days):
+* Subsequent integration w/ different Blockchain: 15-30
+
+# Taler + Data Storage Blockchain
+
+* Taler Exchange uses Blockchain as append-only database for crucial records
+ (coin invalidations, deposit confirmations, ...)
+* Architecture: Exchange has postgresql as caching layer, Blockchain as
+ source-of-truth. Two-way synchronization between Blockchain and Taler
exchange
+* Can also be used to improve quantum resilience (c.f. Chaum)
+
+Implementation estimates (person-days):
+* Implementation with first Blockchain: 40-70
+* Subsequent integration w/ different Blockchain: 15-30
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