Oddbean new post about | logout
▲ ▼
VelvetBlue_art | 8 months ago (raw) | root | parent | reply | flag 
 What does federation layer, mean?
▲ ▼
KoalaSat | 8 months ago (raw) | root | parent | reply | flag +3 
 So far Robosats was a centralized server with a single  LND node. The federation layer allows anyone to run this same software and be part of the federation as a coordinator, where an user can enter and see all offers created in every single coordinator in the same page. More info here https://learn.robosats.com/robosats/update/pre-release-robosats-decentralized/
▲ ▼
bostonwine | 8 months ago (raw) | root | parent | reply | flag 
 Great work!

How much trust is required of the new coordinators, compared to the original setup?
▲ ▼
KoalaSat | 8 months ago (raw) | root | parent | reply | flag 
 Anyone can become a coordinator 😁 So far we are experimenting with 2 levels of "trust"

1. PoW: actually have up and running the entire coordinator ecosystem, not easy, not hard. But requires knowledge and (sometines) perseverance

2. Time running: initially new coordinators are not allowed to create orders of any size, but it's limited to certain max quantity of sats which, doubles every 2 weeks since the coordinator joined (based on the block high 😁) you need to have a coordinator working for 6 months to be able to create orders of any size.