From b8e013e4391de79eacb4d9f2ab533ada92247518 Mon Sep 17 00:00:00 2001
From: Mark Spanbroek <mark@spanbroek.net>
Date: Tue, 15 Mar 2022 10:40:30 +0100
Subject: [PATCH] [contracts] Add Readme

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 dagger/contracts/Readme.md | 181 +++++++++++++++++++++++++++++++++++++
 1 file changed, 181 insertions(+)
 create mode 100644 dagger/contracts/Readme.md

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+Dagger Contracts in Nim
+=======================
+
+Nim API for the [Dagger smart contracts][1].
+
+Usage
+-----
+
+For a global overview of the steps involved in starting and fulfilling a
+storage contract, see [Dagger Contracts][1].
+
+Smart contract
+--------------
+
+Connecting to the smart contract on an Ethereum node:
+
+```nim
+import dagger/contracts
+import ethers
+
+let address = # fill in address where the contract was deployed
+let provider = JsonRpcProvider.new("ws://localhost:8545")
+let storage = Storage.new(address, provider)
+```
+
+Setup client and host so that they can sign transactions; here we use the first
+two accounts on the Ethereum node:
+
+```nim
+let accounts = await provider.listAccounts()
+let client = provider.getSigner(accounts[0])
+let host = provider.getSigner(accounts[1])
+```
+
+Collateral
+----------
+
+Hosts need to put up collateral before participating in storage contracts.
+
+A host can learn about the amount of collateral that is required:
+```nim
+let collateralAmount = await storage.collateralAmount()
+```
+
+The host then needs to prepare a payment to the smart contract by calling the
+`approve` method on the [ERC20 token][2]. Note that interaction with ERC20
+contracts is not part of this library.
+
+After preparing the payment, the host can deposit collateral:
+```nim
+await storage
+  .connect(host)
+  .deposit(collateralAmount)
+```
+
+When a host is not participating in storage offers or contracts, it can withdraw
+its collateral:
+
+```
+await storage
+  .connect(host)
+  .withdraw()
+```
+
+Storage requests
+----------------
+
+Creating a request for storage:
+
+```nim
+let request : StorageRequest = (
+  client:           # address of the client requesting storage
+  duration:         # duration of the contract in seconds
+  size:             # size in bytes
+  contentHash:      # SHA256 hash of the content that's going to be stored
+  proofProbability: # require a storage proof roughly once every N periods
+  maxPrice:         # maximum price the client is willing to pay
+  expiry:           # expiration time of the request (in unix time)
+  nonce:            # random nonce to differentiate between similar requests
+)
+```
+
+When a client wants to submit this request to the network, it needs to pay the
+maximum price to the smart contract in advance. The difference between the
+maximum price and the offered price will be reimbursed later. To prepare, the
+client needs to call the `approve` method on the [ERC20 token][2]. Note that
+interaction with ERC20 contracts is not part of this library.
+
+Once the payment has been prepared, the client can submit the request to the
+network:
+
+```nim
+await storage
+  .connect(client)
+  .requestStorage(request)
+```
+
+Storage offers
+--------------
+
+Creating a storage offer:
+
+```nim
+let offer: StorageOffer = (
+  host:       # address of the host that is offering storage
+  requestId:  request.id,
+  price:      # offered price (in number of tokens)
+  expiry:     # expiration time of the offer (in unix time)
+)
+```
+
+Hosts submits an offer:
+
+```nim
+await storage
+  .connect(host)
+  .offerStorage(offer)
+```
+
+Client selects an offer:
+
+```nim
+await storage
+  .connect(client)
+  .selectOffer(offer.id)
+```
+
+Starting and finishing a storage contract
+-----------------------------------------
+
+The host whose offer got selected can start the storage contract once it
+received the data that needs to be stored:
+
+```nim
+await storage
+  .connect(host)
+  .startContract(offer.id)
+```
+
+Once the storage contract is finished, the host can release payment:
+
+```nim
+await storage
+  .connect(host)
+  .finishContract(id)
+```
+
+Storage proofs
+--------------
+
+Time is divided into periods, and each period a storage proof may be required
+from the host. The odds of requiring a storage proof are negotiated through the
+storage request. For more details about the timing of storage proofs, please
+refer to the [design document][3].
+
+At the start of each period of time, the host can check whether a storage proof
+is required:
+
+```nim
+let isProofRequired = await storage.isProofRequired(offer.id)
+```
+
+If a proof is required, the host can submit it before the end of the period:
+
+```nim
+await storage
+  .connect(host)
+  .submitProof(id, proof)
+```
+
+If a proof is not submitted, then a validator can mark a proof as missing:
+
+```nim
+await storage
+  .connect(validator)
+  .markProofAsMissing(id, period)
+```
+
+[1]: https://github.com/status-im/dagger-contracts/
+[2]: https://ethereum.org/en/developers/docs/standards/tokens/erc-20/
+[3]: https://github.com/status-im/dagger-research/blob/main/design/storage-proof-timing.md