Direct atomic swaps would greatly reduce transaction fees, and remove the risk of holding large amounts of capital on exchanges.
Not exact matches
In addition, it is planned to add the technology of cross-platform
atomic swaps, which allow
direct transactions between different networks.
For anyone new to
Atomic Swaps, it's essentially a method of converting coins from one format to another
direct from blockchain to blockchain, without having to go through a third party exchange.
But out of adversary, inspiration is taking hold, with high - profile coders turning their focus to
atomic swaps, a concept that claims to allow for the
direct, peer - to - peer transfer of cryptocurrencies across different blockchains.