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Market hour #297

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bordalix opened this issue Sep 9, 2024 · 0 comments
Open

Market hour #297

bordalix opened this issue Sep 9, 2024 · 0 comments

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@bordalix
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bordalix commented Sep 9, 2024

Ark protocol shines when it’s able to wrap a lot of payments into a single onchain transaction.

VTXOs need to be recycled and OOR payments need to be claimed. It would be much better if we could aggregate all these operations into the minimum number of onchain transactions.

Introducing Market Hour, a predefined time the ASP will make public. Clients can use this time to recycle VTXOs or claim transactions in sync with other clients, thus reducing the onchain fees for each client.

Format:

For a starting point, I suggest we use 2 numeric values:

  • A unix time, representing the first market hour;
  • An integer value, representing the period between market hours.

Example:

  • 1725830481 (Sun Sep 08 2024 21:21:21 GMT+0000)
  • 86400 (every 24 hours)

This information should be available via GetInfo()

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