Atomic swaps and bridges serve similar purposes—enabling the exchange of assets across different blockchains—but they differ in a few ways:
*Atomic Swaps:*
* Decentralized: Atomic swaps are direct peer-to-peer exchanges, making them completely decentralized.
* No intermediary: Since atomic swaps don't involve a centralized entity or custodian, users maintain control of their assets.
*Bridges:*
* Centralized: Many bridges are custodial, meaning a third party holds the assets during the swap process.