Introduction
Last updated
Last updated
Polarity is an organization re-thinking the way we exchange. We believe that efficient and trustless finance is not only possible but necessary.
At the heart of Polarity lies Flashnet. A schema for executing peer-to-peer trustless atomic swaps over the Lightning network. Trades are facilitated by routing funds through Lightning payment channels, trade execution does not rely on transactions in a block and smart contract states, but rather can happen in a matter of miliseconds solely between the peers involved in the swap. Unlike web based exchanges, Lightning funds are self-custodial, and off-set all trust to Bitcoin.
To bring life to the schema, Flashnet leverages a sophisticated framework composed of several key components: a state-of-the-art centralized limit order book (CLOB), strategic peering relationships, and advanced routing services. The centralized order book is designed to facilitate instant matching of trades, ensuring that market participants can engage in trading activities with high frequency. Due to the Lightning Network's unique graph setup peering and routing services are critical for maintaining the liquidity and connectivity of the network. Ensuring that orders can be matched and executed without delay is a function of liquidity distribution on the network. These components work in concert to create a trading environment that is not only fast but also inherently secure.
