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Atomic Swaps allow complete strangers to safely exchange between different cryptocurrencies without the need for a 3rd party (i.e. an exchange). The technology is still in its early days but once matured will allow free convertibility between cryptocurrencies.
That’s Atomic Swaps in a nutshell. If you want a more detailed explanation about Atomic Swaps watch the complete video, here’s what I’ll cover:
0:47 – Switching costs
1:57 – Atomic swaps explained
3:04 – Atomic swaps example
4:30 – Atomic swaps technical jagron
5:20 – Atomic swaps limitations
5:47 – Why are atomic swaps important?
6:46 – Conclusion
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