Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Pantos.io | The First Multi-Blockchain Token System | made by Bitpanda
by
lolek_bolek
on 04/04/2018, 13:45:48 UTC
I don't understand what you people are expecting really... Just open their website it says clearly that this is a research project which means that what they are trying to do hasn't been done yet. If you are investing in them, its because if they can make Token Atomic Swap Technology a reality it could be a major breakthrough and potentially worth a lot of money.
And before anyone says that atomic swaps have already been done (yes they have) read their whitepaper, its not the same.

https://medium.com/pantos/pantos-io-by-bitpanda-the-first-multi-blockchain-token-system-c064860a8cc8

Into this update they already explained about that Token Atomic Swap technology this is an research project at this stage and this technology is not exists right now. I hope so in future they will get succeed to launched this platform successfully which will be great achievement for all early investors.

They are calling it Token Atomic Swap Technology (TAST) which is kind of confusing because its not really an atomic swap..
An atomic swap is when you change one cryptocurrency to another cryptocurrency without any trusted third party (usually an exchange). For example if you have 1 bitcoin you make an atomic swap to Litecoin getting with approximately 100 Litecoin. There have been some successful tests already done.
However TAST is the transfer of the same (in this case PAN) token from one blockchain to another. This is what Pantos is researching.