Atomic Swaps
Update: 2017-10-11
Description
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
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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