Cryptocurrency Q&A What is an atomic swap?

What is an atomic swap?

SumoPower Tue Sep 24 2024 | 7 answers 1484

Could you please explain to me in simple terms what an atomic swap is? Is it a type of exchange that takes place in the world of cryptocurrency? How does it work and what are its key benefits compared to traditional exchanges? I'm particularly interested in understanding the technical aspects behind this process and how it ensures security and trust among participants. What is an atomic swap?

What is an atomic swap?

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