Login All news Marketcap Crypto Glossary Exchange Crypto meme
2022 ADV Europe, s.r.o. All Rights Reserved.
Back to all glossary

Atomic Swap

Cross-blockchain exchanging of various coins/tokens without using an exchange or intermediary. Atomic Swap is a technology that allows owners of various coins to exchange these, without having to rely on any third party, making it a trust-less operation, backed by HTLCs (Hash Time Locked Contracts).

The traditional way of exchanging coins would be to take your current coins to an exchange, sell them for bitcoins (for example) and then use those bitcoins to buy the desired coin. With Atomic Swap, you can do it in a peer-to-peer way.

Atomic swap is a new technology and as such, it's still not perfect and requires certain conditions for it to work ... both of the coins to be swapped have to run on a blockchain with the same hash function and they both must have the lightning network implemented.

Top Gainer24h
Top Looser24h
Crypto Glossary
Enterprise Ethereum Alliance. A coalition of startups and corporations tryi…
Hard cap
When an ICO is planned, the owners/managers set a final cap for how much th…
ASIC Miner
Asic is an abbreviation for "Application Specific Integrated Circuit" ... t…
Great. First of all, please join us!
To customize your feed you must log in first. Allthecryptonews is a community to share and geek out about the latest news in cryptocurencie, ICO’s and so on. Join us.
We'll never post to any of your accounts without your permission.