Login All news Marketcap Crypto Glossary Exchange Crypto meme
2025 ADV Europe, s.r.o. All Rights Reserved.
Back to all glossary

HTLC Contracts

Hash Time Locked Contracts are used in the Atomic Swap technology for example, making it possible to exchange one coin/token type for another. HTLC ensures that both parties finish the required operation within a specified period of time.

For example: two people agree to exchange 1BTC for 20ETH via Atomic Swap ... the HTLC contract verifies that one party has sent the 1BTC and the other one has sent the 20ETH, within a specified period of time. Both parties have to provide a cryptographic proof of payment. In case of one party not doing this, the swap will be canceled and fund will be returned to the person who already sent his coins.


Top Gainer24h
Nexus
$1720330
731634000000.00
Top Looser24h
Soarcoin
$0.344
-24.43
Crypto Glossary
Bullish Trend
This refers to a market situation that is characteristic with ongoing price…
Candlesticks
Candlesticks is probably the most popular charting technique used by trader…
When Moon
Another community "phrase" used to ask about the expected growth in the cry…
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.