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Atomic swaps for Ethereum Classic

2020.06.11 币圈资讯, 币圈资讯

An atomic swap is a protocol that allows two untrusted parties to make a value transaction without depending on a third entity, like an exchange. The swap protocol prevents one of the parties from not complying with the terms of a trade. In that sense, transactions with atomic swaps are either fully concluded or reversed.The exchange between the pair DCR/LTC was the first atomic swap completed between two chains 3 years ago, according to the developers of Saturn. Saturn’s team continued to say the following:Making cross-chain atomic swaps really work at scale is as much a technical problem as it is a user experience challenge. Without an easy way to access liquidity there would be no successful marketplace.

The developers of the Saturn protocol have the launch of a new feature that will allow users to perform atomic swaps cross chain. By enabling a decentralized exchange between the users of two chains, the function will be a medium for the value transfer between two different and isolated blockchains.

This is the new, hack-proof cryptographically secure way of trading cryptocurrencies that completely eliminates counterparty risk. Unlike when you use centralized exchanges, your funds will never get stolen by hackers.

作者 : Reynaldo

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