Nut-11

by yx4g…nlp5 May 24, 2026

Seller-Relay Re-Locks: Guaranteed Fast Refunds Without Oracle Key Custody (Deep Dive)

A thorough analysis of the seller-relay re-lock mechanism for Cashu path-oracle auctions, including game-theoretic analysis, key material breakdown, liveness requirements, and comparison against moving-bound and coordinator approaches.

by yx4g…nlp5 May 24, 2026

Moving-Bound Auctions: Early Refunds Without Oracle Key Custody (Deep Dive)

A thorough analysis of how per-bid locktimes in Cashu path-oracle auctions enable fast loser refunds and capital-efficient rebidding, compared against SatsAndSports' coordinator proposals (SIG_ALL and SIG_INPUTs), and why the moving-bound approach preserves every v1 advantage.