DEFINITION of 'Atomic Swaps', DEFINITION of 'Atomic Swaps' Beállítások

[bining]

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.

[ftrsquish]

QRG- is born, as a collectible crypto stamp, released in May of 2018 by the National Post office of Gibraltar. A limited supply, only fifty thousand blocks of four stamps have been produced. Each block has a QR code printed next to the stamps, which when scanned generate 200 QRG Coins per block in an Ethereum wallet. (e.g. MyEtherWallet.com) There will never be more than 10,000,000 tokens issued.

One Stamp Collector, who attempted to purchase QRG Stamps on opening day said, “Several of us tried, but the Gibraltar Post Office sold out quickly. We received polite notes saying “the QRG issue is no longer available”.

UTILITY – QRG has already been accepted as payment by some collectible dealers, private collectors, and auction houses. The 200 crypto coins embedded in each block of four QRG Stamps and the anticipation of the coins listing on exchanges has created a scarcity of supply.

Collector and World Chess Champion Anatoly Karpov, a world-renowned philatelist puts it eloquently:

"The collectibles world, philatelic and Crypto communities will welcome the advent of blockchain and distributed ledger technology to facilitate the transfer of value between buyers and sellers. The Gibraltar QRG Coins will be a leading light in illuminating the transparency of such transactions and thereby increasing the trust and confidence of participants on both sides."

More information is available at:: http://www.qrg-stamps.com.