Project Name: Sia Atomic Swap with Adaptor Signatures Feasibility Study
Name of Organization Submitting Proposal : UTXO BV (Komodo Platform Developers )
Purpose of the Grant: Currently, Sia does not have a function for HTLC which is required for doing cross-chain atomic swaps, the purpose of this grant is to conduct a feasibility study to estimate development of the technology to allow Sia’s adaptor signatures to be able to be used in atomic swaps, specifically in the Atomicdex protocol.
If the findings are amenable to the Sia Foundation and community we will submit another grant proposal for the full time and cost of development
Code contributions will be made open source.
Timeline: 1 Month
Deliver feasibility report to Sia Foundation on the estimate of cost and development for enabling atomic swaps via adaptor signatures against many different cryptocurrencies and platforms. This will include: Estimate of Cost, Developer Hours and other considerations regarding development of this technology.
Budget: $10,000 USD or equivalent
Budget will go towards developers to conduct the investigation.
We will report to the Sia Foundation our findings. Additionally we will need to have discussion with Sia developers about some of the nuances of how Sia works on a low level and open channels of communication between Sia and Komodo developers for questions that may arise.