On-Chain BCH Used in a Submarine Swap for Off-Chain BTC

in #news6 years ago
            Technology & Security  
          
          
                
                    

        This week an individual revealed he had completed the first trustless swap by trading on-chain bitcoin cash (BCH) for off-chain bitcoin core (BTC) using Alex Bosworth’s submarine swap protocol.

Also read: Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent
On-Chain Bitcoin Cash Submarine Swapped for Off-Chain BTC
The decentralized cryptocurrency bitcoin cash (BCH) was traded over the Lightning Network this week for off-chain bitcoin core (BTC). According to an individual on Reddit named u/Darkdeepths, he says he’s been fortunate to see Bosworth’s submarine swap testing and decided to test the protocol himself. ...

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