Atomic swaps: Another Bitcoin Smart Contract

in #bitcoin9 years ago

Do you know how they work? "Atomic swaps utilize a clever trick known as a hash time-locked contract, which in turn leverages the potential of multisignature addresses and time-locks. All this is enabled by the basic scripting language found in Bitcoin"

The article is a little dated but clearly states how it works... Article
There has been a successful atomic swap already done... Article

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