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.
"STOP RELYING ON
PSEUDO-DECENTRALIZED EXCHANGES
WRAPPING THEIR TENTACLES
AROUND YOUR CRYPTO"
Well said. I could not have said it any better. Just to further add, bridges are more like soft targets for hacks due to their centralized nature. Most of the biggest and most devastating crypto hacks we have seen have hovered around bridges