Atomic Swaps: Cutting Out the Middleman in Crypto Trades
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No more begging centralized exchanges for permission—atomic swaps let traders bypass gatekeepers entirely. These peer-to-peer smart contracts execute cross-chain trades trustlessly, with no third-party risk or KYC headaches.
How it works: Two parties lock funds into a cryptographic time-locked contract. Either both assets swap simultaneously, or the deal collapses—no half-measures. Built on hashed timelock contracts (HTLCs), the tech supports Bitcoin, Ethereum, and major altcoins.
The kicker? While Wall Street spends millions ''innovating'' with blockchain consortia, crypto natives have been settling billion-dollar trades this way since 2017. Take that, slow-moving TradFi dinosaurs.
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