Atomic Swaps

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

Listen