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