Friends,
Atomic Swaps (aka Cross-Blockchain Messaging) are a cryptographically
powered smart contracts which enable two entities to
exchange different cryptocurrencies/tokens without the risk of a trade default
within your wallet. This new development can take the
promise of decentralization to a higher level, particularly when it comes to
exchanging different cryptocurrencies or tokens for one another. Atomic Swaps
are the way to aid P2P trades in a completely trustless manner. Komodo’s JL777 recently conducted a successful
electrum atomic swap on their platform with Bitcoin and Komodo as the trading
pair. In theory they would appear to be a major
breakthrough. However, in reality can
they ensure the integrity, security and reliability? Send
us your thoughts. Lawrence, Cryptocurrency
Academy (https://cryptocurrencyacademy.blogspot.com)
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