Login All news Marketcap Crypto Glossary Exchange Crypto meme
2024 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
Bytecoin
$1987760
662587000000000.00
Top Looser24h
Diamond
$1.999
-100.00
Crypto Glossary
Miner
Miner is a person or entity that engages in the process of crypto currency…
BTFD
Buy The Fucking Dip ... one of the strategies used by crypto traders is to…
Timestamp
Every transaction has a timestamp that defines when it occurred, it should…
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.