The open source software allows users to trade cryptocurrencies across multiple blockchain networks using a technique
called atomic swaps.
But Lightning Network, an off - chain scaling solution originally intended for bitcoin, is setting the stage for a decentralized option - one that does not require a third party -
called atomic swaps.
The first is the continued successful implementation of what's called the Lightning Network, which allows for so -
called Atomic Swaps between coin networks.
But Lightning Network, an off - chain scaling solution originally intended for bitcoin, is setting the stage for a decentralized option — one that does not require a third party —
called atomic swaps.
And that is
called atomic swap.
Because it's powered by what's
called Atomic Swap technology.
Not exact matches
Decred and Litecoin completed something
called a cross-chain
atomic swap a few days ago.
Together we started an R&D project, which aims to provide a possible key open source technology
called TAST, the Token
Atomic Swap Technology.
Lightning Network cross-chain
atomic swaps (what we
call off - chain
atomic swaps) have some benefits and drawbacks compared to the on - chain version.
One other thing to note about this exchange is that the trades are organized as
atomic swaps, meaning the trades either execute correctly or else it's
called off and each party is reimbursed their original tokens.