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Conxian Protocol

conxian-nexus

Overview

Section titled “Overview”

conxian-nexus is the state proof solver and settlement execution engine responsible for anchoring bank-to-bank obligations directly to Bitcoin Layer 1 using Discrete Log Contracts (DLCs).

  • Target Subdomain: nexus.conxian.org
  • Bitcoin Protocols: Schnorr Signatures (BIP-340), Taproot (BIP-341), Tapscript (BIP-342), DLCs (BIP-175).
  • Database Engine: LMDB memory-mapped database for ultra-low latency transaction state tracking.

DLC Settlement Flow

Section titled “DLC Settlement Flow”
  1. Funding Phase: Debtors and Creditors create a 2-of-2 MuSig2 Taproot funding output on Bitcoin L1.
  2. Execution Phase: Oracle attestations (derived from ISO 20022 message verification) enable either party to execute the matching execution transaction without counterparty risk.
  3. Refund Phase: Pre-negotiated time-locked refund transactions ensure funds are restored if settlement parameters are not met within the agreed window.