Will probably become one of the most widely used platforms for alt coin investing and trading once it goes live.
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Atomic Swap Wallet - How It Works Tutorial (Beta Release)
Test our atomic swap wallet here: https://swap.altcoin.io/ An atomic swap is atomic in the sense that if the swap isn’t successful, neither party loses out. The swap takes place or it doesn’t — there are no half measures. There are two kinds of atomic swap: on-chain and off-chain. On-chain swaps are great, but off-chain swaps take this concept to another level as they’re nearly instant, private, and require almost zero fees. Both kinds use hashed-time-locked-contracts, or HTLCs. These ensure that neither party can take the offered funds without first offering their own. For example, let’s assume Alice and Bob want to exchange BTC for ETH. Alice sends her BTC, Bob sends his ETH, and each declares receipt of their new coins by confirming a cryptographic code, issued by the HTLC. If neither or only one of them confirms the code within a set timeframe, both sets of coins return to their original owners and the exchange is cancelled.
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