What are Atomic Swaps?

tgdaily%2F2018-01%2Fa639d505-60b5-497f-b56c-d21e8fbc4462%2F091feb8f-8c26-4a50-aea0-641a5cf732c5.jpeg
Atomic swaps have become a popular term used these days in cryptocurrency industry but only few understand its meaning. Atomic swaps is the new way to go when it comes to cryptocurrency transactions.

it is the process of exchanging one cryptocurrency or coin to another without the use of traditional cryptocurrency method for this transaction which is either centralised or decentralised exchanges as middle parties. atomic swaps can be performed on the blockchains of different cryptocurrencies or off chain of cyptocurrencies. The first atomic swaps was conducted with decred and litecoin and since then it has been gaining momentum.

Sort:  

You make some really great points.

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 78890.33
ETH 3180.07
USDT 1.00
SBD 2.68