Can Atomic Swap Technology Ensure the Security of the M-DEX Crypto Custody Mobile Exchange?

Colleagues, atomic swaps (aka atomic cross-chain trading) is the exchange of one cryptocurrency to another cryptocurrency without the need for a trusted a third-party. Sovereign Wallet intends to release M-DEX I January 2019 which is a custody-free mobile exchange enabled by the MUI trading bot. Eliminating the trusted third party has the allure of faster and lower cost cryptocurrency transactions. In turn, the MUI Token is purportedly backed by the Algorithm central bank. However, the fundamental question arises: How secure will M-DEX transactions be without the involvement of a third party custodian? Security is tantamount to the integrity and success of the global crypto ecosystem for individual traders and institutional investors alike. We believe M-DEX offers great benefits, yet also comes with notable risk. Proceed with caution until M-DEX is fully tested in a real-world environment.

Post a comment today! Lawrence – Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com/)