[dtube] Cross-Chain Atomic Swaps in a Nutshell

in #dtube7 years ago (edited)


Cross-chain atomic swaps allow for different cryptocurrencies to be traded with a guarantee that the funds would be received without the need for an exchange or third party. This is a breakthrough in terms of cryptocurrency technology as it could be extended to allow merchants to accept more cryptocurrencies or even used to build decentralized exchanges. Currently successful atomics swaps have been completed between Decred-Litecoin, with more cryptocurrencies to come

https://en.bitcoin.it/wiki/Atomic_cross-chain_trading

https://bitcoinmagazine.com/articles/decred-adds-atomic-swap-support-exchange-free-cryptocurrency-trading/

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Further proof that the blockchain is completely unstoppable! Way to go Charlie Lee!

thanks for the news. I like to hear new news from you

dang, pretty crazy. Thanks for the post. This is interesting.

This could help Crypto into mainstream life, and the mass uptake of crypto.
CryptoBoom!
Lets watch and see, but looking good.

@boxmining thanks for the explanation. What about the issue of liquidity? In the retailer example Is the assumption that there is demand for the currency they wish to swap. Am i missing something. Kindly elaborate more on this aspect. Thanks in advance.

This one is pretty interesting
really good job and worth full information
:)
upvoted

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with all this hash talk, i feel like smoking some

nice info..very detailed and informative.

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