Atomic Swap
From Open Risk Manual
Revision as of 23:18, 10 February 2020 by Wiki admin (talk | contribs)
Definition
Atomic Swap. It is the exchange of cryptocurrencies from two different chains without the need for a trusted third party. It is based on a concept called hash time-locked contracts that ensure that both parties are fulfilling their part of the deal. It requires certain functions to be implemented on each blockchain solution involved.
