Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LBA] | LightBitAtom: Largest Decentralized Multi-Crypto Exchange
by
khendjer
on 05/04/2018, 18:40:27 UTC
You have written. LightBitAtom is the first exchange of crypto-currencies, which offers the exchange of one crypto currency for another crypto currency with the use of internetwork nuclear swaps and a lightning network without the need to trust a third party. This is not an exchange for exchange, but something else?
Hi! This is a cross-chain exchange which allows to exchange ERC20 tokens directly from your browser wallet cutting back on conversion operations. Fill free to watch our short video to understand more https://www.youtube.com/watch?v=py-rFzABMEM
You say that LBA is a decentralized cross-chain exchange which will allow users to exchange ERC20 tokens, but all the ERC20 tokens are based on the same Ethereum platform and they all use the same Ethereum blockchain. They all don't have their own blockchains so ERC20 tokens exchange transactions can't be cross-chain transactions. They are transactions committed between different smart contracts on the same blockchain, aren't they?

What's the applicability of LBA token? Will it be somehow integrated into the exchange or it'll be used only like a fundraising tool during the ICO? What can I do with LBA tokens if I buy some?