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56 lines
2.7 KiB
Markdown
56 lines
2.7 KiB
Markdown
# XMR to BTC Atomic Swap
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This repository hosts an MVP for atomically swapping BTC to XMR.
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It implements the protocol described in section 3 of [this](https://arxiv.org/abs/2101.12332) paper.
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More information about the protocol in this [presentation](https://youtu.be/Jj8rd4WOEy0) and this [blog post](https://comit.network/blog/2020/10/06/monero-bitcoin).
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## Quick start - CLI
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From version `0.6.0` onwards the software default to running on `mainnet`.
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It is recommended to try the software on testnet first, which can be achieved by providing the `--testnet` flag.
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This quickstart guide assumes that you are running the software on testnet (i.e. Bitcoin testnet3 and Monero stagenet):
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1. Download the [latest `swap` binary release](https://github.com/comit-network/xmr-btc-swap/releases/latest) for your operating system
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2. Run the binary specifying the monero address where you wish to receive monero and the connection details of the seller:
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`./swap --testnet buy-xmr --receive-address <YOUR MONERO ADDRESS> --seller-peer-id <SELLERS PEER ID> --seller-addr <SELLERS MULTIADDRESS>`
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You can generate a receive address using your monero wallet.
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The seller will provide you their peer id and multiaddress.
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We are running an `asb` instance on testnet.
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You can swap with to get familiar with the `swap` CLI.
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Our peer id is `12D3KooWCdMKjesXMJz1SiZ7HgotrxuqhQJbP5sgBm2BwP1cqThi` and our multiaddress is `/dnsaddr/xmr-btc-asb.coblox.tech`
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3. Follow the instructions printed to the terminal
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For running the software on mainnet you just omit the `--testnet` flag.
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Running on mainnet will automatically apply sane defaults.
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Be aware that this software is still early-stage.
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Make sure to check `--help` and understand how the `cancel` and `refund` commands work before running on mainnet.
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You are running this software at your own risk.
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As always we recommend: Verify, don't trust.
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All code is available in this repository.
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## How it works
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This repository primarily hosts two components:
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- the `swap` CLI
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- the [`asb` service](/docs/asb/README.md)
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### swap CLI
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The `swap` CLI acts in the role of Bob and swaps BTC for XMR.
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See `./swap --help` for a description of all commands.
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The main command is `buy-xmr` which automatically connects to an instance of `asb`.
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### asb service
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`asb` is short for **a**utomated **s**wap **b**ackend (we are open to suggestions for better names!).
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The service acts as the counter-party for the `swap` CLI in the role of Alice.
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It provides the CLI with a quote and the liquidity necessary for swapping BTC into XMR.
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For details on how to run the ASB please refer to the [ASB docs](/docs/asb/README.md).
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## Contact
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Feel free to reach out to us in the [COMIT-Monero Matrix channel](https://matrix.to/#/#comit-monero:matrix.org).
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