Blockchain Curated - Learn Bitcoin & Cryptocurrency From Investors + Experts

Atomic Swaps

10.11.2017 - By Zach SegalPlay

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In this episode featuring Bitcoin developer **Jimmy Song** , you’ll learn:

* What an atomic swap is, how it affects the future of Bitcoin, and why it is useful

* How an atomic swap works, with a real-world example

* Why trusted third parties are security holes, and how atomic swaps remove the need for them

* Pros and cons of on-chain atomic swaps compared to off-chain swaps such as the Lightning Network

* What some of the cryptocurrencies that support atomic swaps are, including Decred (DCR) and Litecoin (LTC) which made headlines after recently completing an atomic swap

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