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We currently match askers and lenders via on chain transactions like this:
-> Asker initiates a lending request via the ask method on the Base Contract
This may or may not result in a successful lending request (a call of the lend method by a lender). More often than not a transaction will be wasted and transaction fees are payed for nothing.
Now whisper comes into play. With whisper we can implement off chain matching of askers and lenders, resulting in only persisting lending requests for which a willing lender already exists.
How this is feasible and really useful for us longterm is to be discussed here, focussing on the workflow here in detail. Also a proof of concept learning the pros and cons of doing lending via whisper should be on our roadmap
The text was updated successfully, but these errors were encountered:
materkel
changed the title
Add whisper POC implementation for matching askers with lenders
Discussing whisper for matching askers with lenders
Nov 29, 2018
Fazit nach Solidity-Thursday vom 29.11. mit @dhohner
Coole Lösung um neue und aktuelle Lending Requests zu broadcasten. Der Lender kann sich dann über Whisper auf die aktuellen Lending Requests subscriben, eine passende davon auswählen und die entsprechende methode auf dem Smart Contract ausführen
We currently match askers and lenders via on chain transactions like this:
-> Asker initiates a lending request via the ask method on the Base Contract
This may or may not result in a successful lending request (a call of the lend method by a lender). More often than not a transaction will be wasted and transaction fees are payed for nothing.
Now whisper comes into play. With whisper we can implement off chain matching of askers and lenders, resulting in only persisting lending requests for which a willing lender already exists.
How this is feasible and really useful for us longterm is to be discussed here, focussing on the workflow here in detail. Also a proof of concept learning the pros and cons of doing lending via whisper should be on our roadmap
Reference: https://github.com/ethereum/go-ethereum/wiki/Whisper
Mentions: @hassfers @dhohner @vladimir-nechai
The text was updated successfully, but these errors were encountered: