Research

The Rainbow Network: An Off-Chain Decentralized Synthetics Exchange

03.01.2019|Dan Robinson

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Abstract


This paper presents the Rainbow Network, a design for an off-chain non-custodial exchange and payment network supporting any assets for which two parties can agree on a price oracle. The Rainbow Network allows a user to trade, borrow, lend, and make payments in synthetic assets, entirely off-chain, while having only one on-chain payment channel collateralized by a single asset.

Written by

Dan Robinson

General Partner

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Biography

Dan Robinson is a General Partner at Paradigm, focused on crypto investments and research into open-source protocols. Previously, Dan was a protocol researcher at Interstellar. Before Interstellar, Dan practiced as a litigation attorney at Paul, Weiss, Rifkind, Wharton & Garrison LLP. He earned a J.D. from Harvard Law School and an A.B. from Harvard University.

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