{"title":"原子键交叉链债务","authors":"M. Tefagh, F. Bagheri, A. Khajehpour, Melika Abdi","doi":"10.1145/3446983.3446987","DOIUrl":null,"url":null,"abstract":"Inspired by the recent boom in decentralized finance (DeFi) and the unprecedented success of flash loan projects in this ecosystem, we introduce a decentralized debt derivative named atomic bonded cross-chain debt (ABCD) to bridge the gap between the growth of lending protocols on Ethereum and other UTXO-based blockchains specifically Bitcoin. We think of ABCD as the alphabet of interoperability for DeFi and as a credit infrastructure which unlike the current protocols is not limited by requiring either smart contracts, over-collateralization, or instantaneous payback.","PeriodicalId":222303,"journal":{"name":"Proceedings of the 2020 3rd International Conference on Blockchain Technology and Applications","volume":"223 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2020-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":"{\"title\":\"Atomic Bonded Cross-chain Debt\",\"authors\":\"M. Tefagh, F. Bagheri, A. Khajehpour, Melika Abdi\",\"doi\":\"10.1145/3446983.3446987\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Inspired by the recent boom in decentralized finance (DeFi) and the unprecedented success of flash loan projects in this ecosystem, we introduce a decentralized debt derivative named atomic bonded cross-chain debt (ABCD) to bridge the gap between the growth of lending protocols on Ethereum and other UTXO-based blockchains specifically Bitcoin. We think of ABCD as the alphabet of interoperability for DeFi and as a credit infrastructure which unlike the current protocols is not limited by requiring either smart contracts, over-collateralization, or instantaneous payback.\",\"PeriodicalId\":222303,\"journal\":{\"name\":\"Proceedings of the 2020 3rd International Conference on Blockchain Technology and Applications\",\"volume\":\"223 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-12-14\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"4\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Proceedings of the 2020 3rd International Conference on Blockchain Technology and Applications\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1145/3446983.3446987\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Proceedings of the 2020 3rd International Conference on Blockchain Technology and Applications","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1145/3446983.3446987","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Inspired by the recent boom in decentralized finance (DeFi) and the unprecedented success of flash loan projects in this ecosystem, we introduce a decentralized debt derivative named atomic bonded cross-chain debt (ABCD) to bridge the gap between the growth of lending protocols on Ethereum and other UTXO-based blockchains specifically Bitcoin. We think of ABCD as the alphabet of interoperability for DeFi and as a credit infrastructure which unlike the current protocols is not limited by requiring either smart contracts, over-collateralization, or instantaneous payback.