Tag: Web3
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Atomic Swaps
(From Token Economy by Shermin Voshmgir) “Atomic swaps allow for P2P cross-chain trading and can be directly executed between separate blockchain networks, wallet to wallet, without a trusted intermediary like an exchange.” Hash Time-Locked Contracts (HTLC) are used. Ensures that both parties fulfill requirements. They remain in control of their private keys and tokens when…