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RE: China Will Not Ban Bitcoin Miners!

in #cryptocurrency7 years ago

Yes, I believe it is a viable coin. There is a bit more tech behind it so it can evolve (recent example is the atomic swap). Some also see Litecoin as something to use for smaller purchases whereas Bitcoin is to be used for larger ones. Thanks for sharing your thoughts :)

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Can you explain "atomic swap"? ow it just sounds like techno-smoke

As I understand, it's a way to exchange currencies with a contract instead of going through an exchange. The exchange (a trusted intermediary that charges a fee) is basically replaced with a contract.

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