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Add OLE 201 (placeholder) #7

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3 changes: 2 additions & 1 deletion OLEs/README.adoc
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Expand Up @@ -17,7 +17,8 @@ This directory contains **O**mni **L**ayer **E**nhancement Proposals (**OLE**s)
| OLE-101 | Consensus | Omni Protocol Multi-send
| OLE-1?? | Consensus | Omni Non-fungible tokens (aka NFT, UIT)
| OLE-110 | Consensus | link:ole-110.adoc[Omni Token as a DEX Access Token]
| OLE-2?? | Network | Omni Layer REST API
| OLE-200 | Network | Omni Layer REST API
| OLE-201 | Network | Omni Layer Proxy Microservice
| OLE-300 | Wallet (RPC?) | link:ole-300.adoc[Omni Layer Safe Segwit Address Format]
| OLE-301 | Wallet | link:ole-301.adoc[Hierarchy for Deterministic Omni Wallets]
| OLE-302 | Wallet | Automatic Address Handling for Omni Wallets
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32 changes: 32 additions & 0 deletions OLEs/ole-201.adoc
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....
OLE: 201
Layer: Network
Title: Omni Layer Proxy Microservice
Author: Sean Gilligan <[email protected]>
Comments-Summary: No comments yet.
Comments-URI: https://github.com/OmniLayer/Documentation/blob/master/OLEs/ole-201.adoc
Status: Draft
Type: Informational
Created: 2020-11-19
License: BSD-2-Clause
....

== Introduction

=== Abstract

This document proposes a microservice-based Proxy layer for Omni Core that can help make Omni Core consensus information available reliably and scaleably. It proposes on OmniProxy microservice that can proxy one or more Omni Core instances and can itself be load-balanced and an OmniProxy Admin microservice that will allow for programmatically starting, stopping, and backing up Omni Core instances.

=== Copyright

This OLE is licensed under the 2-clause BSD license.

=== Motivation

Since the launch of the Omni Layer, Omni has used Base58 Bitcoin addresses for sending and receiving Omni properties. Since the Omni Layer uses the Bitcoin network and Bitcoin private keys to sign transactions, this was the straightforward solution. Unfortunately, since all existing wallets that support Omni allow sending Omni properties to Bitcoin addresses, it is possible for users to send Omni tokens to Bitcoin wallets that do not support Omni transactions. When users send Omni properties to addresses in wallets that do not support Omni Layer transactions, it can be difficult or impossible to recover the transferred Omni properties.

== Architecture

Diagram forthcoming.