Everything You Need to Know about Atomic Swaps, and How Komodo is Advancing the Technology
Over the last several years, at Komodo we have quietly worked with a blockchain innovation called “The Atomic Swap,” a technology seen recently in the news. The growth of this technology throughout the entire market shows an exciting future where cryptocurrencies can be accessible to the average user. The Komodo Platform is the first exchange to support atomic swaps, and we have even forged our own unique variations of the protocol, advancing the technology beyond its previous capabilities.

Atomic Swaps Allow You to Trade From Blockchain to Blockchain, From Within Your Wallet

An atomic swap is a direct trade between two different coins running on two separate blockchains; there are no centralized-exchange websites or other third-parties required for this trade. The technology enables common users to bypass the labyrinth of website-exchanges currently necessary to purchase cryptocurrencies. Once implemented, the atomic swap will allow common users to trade and purchase any desired coin directly within their own wallets.