[bisq-network/bisq] Need to see exact transaction data before committing to a trade. (#3018)
notifications at github.com
Sun Jul 28 02:18:12 UTC 2019
You can find the high level info [here](https://docs.bisq.network/exchange/whitepaper.html#the-details-of-an-exchange-transaction).
But I think this is the breakdown:
The current trade protocol requires 4 transactions and it uses P2PKH and P2SH for escrow
| tx | Inputs | Outputs |
| :--: | :--: | :--: |
| Make offer | 1 | 2
| Take offer | 1 | 2
| Deposit | 2 | 1
| Payout | 1 | 2
I'm including 1 change output. The inputs in the Make offer and Take offer txs can change depending on how the traders are spending their coins. And when paying the trading fee with BSQ you get 3 outputs in those transactions. Everything is unaltered.
The Maker is responsible for 1 on-chain transaction
* Make offer
The Taker is responsible for 3 on-chain transactions and the fee is calculated at the moment of the taking and multiplied by 3.
* Take offer
Bisq uses [this service](https://bitcoinfees.earn.com/api/v1/fees/list) to estimate fees. And the mining fee is aiming at the next block.
You can find info on https://bitcoin.stackexchange.com/ on how to calculate the bytes for transactions with these profiles.
I'm not sure if it's worth putting all this info in the UI.
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
-------------- next part --------------
An HTML attachment was scrubbed...
More information about the bisq-github