If Atomic Swaps are successful in creating a decentralized system for exchanging coins, would that mean that exchanges are not needed anymore? At least to the extention they are today.
I don't have much of the technical knowledge to fully comprehend atomic swaps, but I assume that exchanges would be simply a place to anounce your offers, pretty much like a marketplace for bartering. Maybe they'll charge so that you can be a member, but in the end they will not hold your assets anymore.
Is that possible? Am I understanding this correctly?