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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