Quote from: Febo on September 11, 2020, 02:47:11 PM

Quote from: Globb0 on September 11, 2020, 07:18:56 AM

Quote from: Febo on September 10, 2020, 09:24:55 PM

https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/168

One small step for Monero, one giant leap for Bitcoin.

What does it mean Febo

Would there be no more exchange fees? I mean or exchanges? Im intrigued to see how the pricing and valuing works.

I wish I would know and imagine all. Yes there will be only transaction fee. So high for BTC and low for Monero. I cant really imagine how this will look in practice. I am sure we will soon read about some ideas. Two people that will want to trade will still need some place to met and decide price. Atomic swaps should sort of make real decentralised exchanges possible and very easy to build and run.

But my point was that Bitcoin will gain a lot. Monero will at least for now gain a lot also, since some have troubles to acquire it with fiat.

If two users run their own nodes and swap-daemons, there would be no fee of any kind. Just a person to person trade at the agreed-upon price.
(If I got that wrong, someone correct me.)
In practice, if widespread adoption takes place, ordinary users won't have the geek-fu to run their own nodes. So the monero-bitcoin atomic swap ecosystem may take on characteristics similar to the lightning network.