DEFINITION of 'Atomic Swaps', DEFINITION of 'Atomic Swaps' |
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DEFINITION of 'Atomic Swaps', DEFINITION of 'Atomic Swaps' |
Sep 29 2018, 04:58 AM
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Advanced Member Csoport: Members Hozzászólások: 480 Csatlakozott: 8-September 18 Azonosító: 761 |
Atomic swap is a smart contract technology that enables exchange of one cryptocurrency for another without using centralized intermediaries, such as exchanges.
Atomic swaps can take place directly between blockchains of different cryptocurrencies or they can be conducted off-chain, away from the main blockchain. They first came into prominence in September 2017, when an atomic swap between Decred and Litecoin was conducted. Since then, other startups and decentralized exchanges have allowed users the same facility. For example, Lightning Labs, a startup that uses bitcoin’s lightning network for transactions, has conducted off-chain swaps using the technology. Cryptocurrencies and decentralized exchanges, such as 0x and Altcoin.io, have also incorporated the technology. |
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Guest_Vendég_* |
Dec 4 2018, 11:08 AM
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Guests |
Dubai ranks first in the world when it comes to sheer number and size of blockchain platforms being adopted into real life usage. Among projects ambitious to lead the transformative movement is Realm Investment’s project HetaChain.
Founded by Sultan Ali Rashed Lootah, former CEO of the Mohammed bin Rashid Al Maktoum Foundation, Relam Investment is headquartered in Dubai – UAE; with other group offices located in India, Vietnam, Egypt, Turkey & United Kingdom. Sultan Ali Lootah was the main person responsible for the 2005 upgrading of Dubai Department of Economic Development’s IT infrastructure. In September 2018, Relam Investment officially launched HetaChain and its ICO, aiming to become the technology backbone of smart economy systems around the world. Started in Dubai, the project will proceed to London and Turkey throughout 2018. Designed to be a universal blockchain platform for diverse industries adaptation, HetaChain is a DPoS + BFT hybrid network focused on addressing the blockchain scalability problem, so as to enable cross-industry scale transactions. The project strives to provide solutions to help tech services break down the adoption wall between them and the public: |
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Szöveges verzió | A pontos idő: 1st July 2024 - 04:06 PM |