Atomic swaps

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf cryptocurrency technology
gptkbp:alsoKnownAs atomic cross-chain trading
gptkbp:compatibleWith centralized exchange
gptkbp:enables cross-chain trading
trustless exchange
peer-to-peer exchange of cryptocurrencies
https://www.w3.org/2000/01/rdf-schema#label Atomic swaps
gptkbp:improves security of cryptocurrency trading
gptkbp:limitation can be slow compared to centralized exchanges
not all cryptocurrencies are compatible
gptkbp:proposedBy 2013
Tier Nolan
gptkbp:reduces counterparty risk
gptkbp:requires compatible blockchains
support for same hash function
support for time-locks
gptkbp:supports gptkb:Decred
gptkb:Bitcoin
gptkb:Litecoin
gptkbp:uses smart contracts
hash time-locked contracts
gptkbp:bfsParent gptkb:Bitcoin_Script
gptkbp:bfsLayer 8