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Showing 7 of 7 results by MJScheleiden
Re: ⚛️ SWAPS.ORG – TRADE NATIVE CRYPTO - XMR/BTC/ETH/ERC-20 - ON-CHAIN DEX ⚛️
I think Swaps team should look into previous work by BarterDEX and Lightning Labs. They dabbled into this DEX atomic swaps field in 2017 or so and could provide some resourcefulness with their mistakes and strengths. Build on that and LFG. The market is ready, the 'laborers' (projects) are few.
Re: ⚛️ SWAPS.ORG – XMR/BTC/ETH/ERC-20 NO KYC ON-CHAIN ATOMIC SWAP DEX ⚛️
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"
*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
Re: ⚛️ SWAPS.ORG – XMR/BTC/ETH/ERC-20 NO KYC ON-CHAIN ATOMIC SWAP DEX ⚛️
Hiya. Gud to see some more activity on d project... i can see two telegram accounts. Which is the real Bitcoin Atom account? https://t.me/bitcoinatomswaps or https://t.me/bitcoinatom?
Tnx
Tnx