Quote from: johntradez on April 06, 2018, 09:12:16 PM

Quote from: Bladiebla on April 06, 2018, 02:30:47 PM

Quote from: johntradez on March 28, 2018, 02:11:11 PM

The purpose of the Tau token "is a simple token that every chain can interact with. This allows users to use a single agnostic type of token to interact with any chain on the network." https://lamden.io/faq/
But Clove (one of Lamden's development tools) claims to "make atomic swaps between blockchains easy" for Bitcoin-based and Ethereum-based chains. So why is the Tau token needed if Clove will make atomic swaps possible? Here https://lamden.io/about-token/ they explain that Tau will facilitate Lamden's decentralized atomic swap network, but if the atomic swaps are working then there is no need for an intermediary token. It defeats the whole purpose of atomic swaps.

Can one of the Tau devs explain this more?

TAU will be the middleman to do the atomic swaps.
For example: if you want to swap LSK -> ETH then it will be LSK -> TAU -> ETH.

@Devs correct me if I'm wrong.

If TAU is the middleman then it's not an atomic swap. It's trading one coin for another at whatever the current exchange rate is and then trading that coin for the third coin. It defeats the entire purpose of atomic swaps. Can someone on the team please elaborate?

Maybe the term atomic swap is not well used here, but the idea (I guess) is to adapt any token/coin into the TAU atomic swap system without the need of sharing special code between chains. Maybe this could be like a decentralized exchange ¿? and yeah I need also more clarification in the subject. Also I was reading something interesting here https://github.com/Lamden/cilantro ... they will have Masternodes (DASH, PIVX, STRAT), Witnesses (Bitshares, Steem, Decent), Delegates (Lisk, Shift, Ark) .... So they are building their own hybrid, that will be interesting to see.. I will wait for their next whitepaper and look for a opportunity to invest.