Beat ERC-875 - Atomic Offers

[fulldecent]

Here is your competition https://medium.com/bitfwd/erc875-a-new-standard-for-non-fungible-tokens-and-cheap-atomic-swaps-93ab85b9e7f9

What's better than a standard? I an implementation that you can use today!

Let's beat them to market and obviate the need for a ERC-875 standard.

[SmartLayer]

875 author Weiwu here. We think alike - we wanted to beat ERC875 too.

Atomic offers and contingent payments are very similar to each other (both in use-cases and in format), and they should marry into one protocol; there is a school of thought (e.g. by R3 Corda) that the hash of the contingent payment terms (can be a smart-contract) is better than the terms itself so payment condition is known only when it is satisfied, for security and privacy. Furthermore, 875 atomic offers are non-binding, and a binding variant is needed. If a binding version exists, it should look very similar to a payment channel's protocol so we may step forward to marry that family as well. God how I wish to have 48 hours a day, but we won't be beating 875 for the sake of it, it has to be a meaningful marriage with plentiful of prospect.

[fulldecent]

Hello Weiwu.

Binding offers costs gas. So far the market does not favor that approach.

Yes I’m +1 on all that