Golden
Atomic swap

Atomic swap

An atomic swap allows for a simultaneous exchange of different cryptocurrencies using a hashed time locked contract.

All edits

Edits on 11 May 2019
Dawson Sewell
Dawson Sewell edited on 11 May 2019 12:52 pm
Edits made to:
Article (+824 characters)

Article

Atomic swaps are decentralized and trustless trades between two users of different cryptocurrencies. They involve each party paying into a contract transaction, one contract for each blockchain. The contracts contain an output that is spendable by either party, but the rules required for redemption are different for each party involved.

...

One party (called counterparty 1 or the initiator) generates a secret key and sends the intended trade amount into a smart-contract. The second party (called counterparty2 or the participant) can only redeem the funds by knowing the secret key. If a pre-determined period of time (typically 48 hours) expires after the smart-contract transaction has been mined or staked and the funds have not been redeemed by the participant, the funds can be refunded back to the initiator's wallet.

Edits on 7 Aug 2018
Golden AI"Linkify text links in standard tables"
Golden AI edited on 7 Aug 2018 10:56 pm
Edits made to:
Further reading (+110/-110 characters)

Further reading

Author
Title
Link
Type

Jake Yocom-Piatt

On-Chain Atomic Swaps



Jimmy Song

Atomic Swaps



Edits on 17 Jan 2018
Alex Dean"minor edits"
Alex Dean edited on 17 Jan 2018 12:06 am
Edits made to:
Timeline (+5/-8 characters)

Timeline

Zcash engineers perform a demo of Zcash/Bitcoin atomic swapsswap

Ariel Gabizon and Jay Graber perform a demo cross-chain atomic swap using a tool called XCAT.

Alex Dean"added to atomic swap timeline"
Alex Dean edited on 16 Jan 2018 11:56 pm
Edits made to:
Timeline (+3 events) (+451 characters)
Categories (+1 topics)
Related Topics (+2 topics)

Categories

Related Topics

Timeline

Zcash engineers perform a demo of Zcash/Bitcoin atomic swaps

Ariel Gabizon and Jay Graber perform a demo cross-chain atomic swap using a tool called XCAT

Decred and Litecoin complete a mainnet live cross-chain atomic swap

Developers complete the first live on-chain atomic swap on the Decred and Litecoin blockchains.

Komodo developers perform KMD/BCH atomic swap

The swap uses a 2-of-2 multi-signature mechanism on the decentralized exchange BarterDEX.

Edits on 19 Nov 2017
Alex Dean"added further reading"
Alex Dean edited on 19 Nov 2017 4:04 am
Edits made to:
Description (-14 characters)
Further reading (+3 cells) (+95 characters)
Related Topics (+1 topics)
Topic thumbnail

Atomic swap

An atomic swap allows for a on blockchain simultaneous exchange of different cryptocurrencies using a hashed time locked contract.

Further reading

Author
Title
Link

Jake Yocom-Piatt

On-Chain Atomic Swaps

Jimmy Song

Atomic Swaps

Related Topics

Edits on 28 Sep 2017
Alex Dean
Alex Dean edited on 28 Sep 2017 10:15 pm
Edits made to:
Description (+131/-49 characters)
Article
Categories (+2 topics)
Related Topics (+5 topics)
Topic thumbnail

Atomic swap

Edit to enter a brief description of Atomic swap.

An atomic swap allows for a on blockchain simultaneous exchange of different cryptocurrencies using a hashed time locked contract.

Article



Categories

Related Topics

Alex Dean"Initial topic creation"
Alex Dean created this topic on 28 Sep 2017 10:07 pm
Edits made to:
Description (+49 characters)
Topic thumbnail

 Atomic swap

Edit to enter a brief description of Atomic swap.

No more activity to show.