Peer-to-Peer Derivative protocol based on Discreet Log Contracts (DLCs).
Crypto Garage is engaged in the research and development of P2P derivatives, a DLC-based application that enables derivatives trading with minimal trust between the parties to the transaction.
No Escrow Required
Derivatives trading on the Bitcoin blockchain that doesn’t require the traditional escrow.
Except for the trading counterparties, the transaction details cannot be identified on the blockchain.
Each party does not need trust each other. For the Oracle, a potential trust point, the trust is minimized by not being involved in the transaction content.