Post
Topic
Board Beginners & Help
Re: Have you heard of p2p trading?.
by
pooya87
on 25/02/2021, 04:48:14 UTC
1. Direct p2p
* Looking for a buyer/seller
* The issue of trust on the other party to deliver as agreed
* The issue of fair price
This doesn't have to involved any kind of trust, the trade can happen using a smart contract that prevents either party from scamming the other. For example Atomic Swaps attempt at addressing this, you can swap your bitcoin for litecoin by creating a smart contract where the person receiving LTC can not spend it without letting the other person receiving BTC to spend theirs.