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Topic: ⚛️ SWAPS.ORG – TRADE NATIVE CRYPTO - XMR/BTC/ETH/ERC-20 - ON-CHAIN DEX ⚛️ (Read 54952 times)

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Is there a specific technology that makes this all possible?

Yas   ،Your question reminded me of this beautiful poem
“The Art of Seeing” 🌅
In the quiet hush of morning light,
Where shadows dance and dreams take flight,
Look closely now, with eyes so keen,
For beauty lies in the unseen. 👀✨
Each petal soft, each leaf a tale,
In whispered winds, let senses sail. 🌬️🍃
The world unfolds in layers deep,
Awake your heart, let silence speak. ❤️🤫
A fleeting glance may miss the grace,
But linger longer, find your place.
In every crack, in every hue,
The universe speaks, revealing true. 🌌🔍
So take a moment, breathe it in,
In careful gaze, let wonder begin. 🌟
For in the details, life does bloom,
A tapestry woven, dispelling gloom. 🌼🧵
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When can we expect a web-based version of BitcoinAtom • Swaps to be released?

An update would be shared in due time. Information will be posted on the BCA Website (https://bitcoinatom.io/) and on Swaps telegram page (https://t.me/bitcoinatomswaps)

I think these things is
Perks of Atomic Swaps for all :

🤝 No middlemen needed
🔒 Keep your privacy(stealth addresses for all assets)
🚫 Less chance of scams  (HTLC Contracts for Enhanced Security: Used in BTC-ETH/ERC-20 swaps).
🌍 Tap into global markets(all world)
💸 Save on fees (especially for bca )
🔄 More options for trading (User-friendly order books for each pair)
💱 Swap different currencies easily
🎁Unlimited withdrawals and deposits
❄️Prevent addresses from freezing
🧭Anywhere you are even in persian,you can trade without  sign up or limited .

There are other benefits too, maybe later...

I think
This project stands out with its unique features, including faster transactions 🚀, lower fees 💰, decentralization 🌐, and the ability for cross-chain exchanges 🔗, all aimed at providing innovative solutions in the realm of cryptocurrencies.
Continuing the path laid by Satoshi Nakamoto through Bitcoin Atom embodies a commitment to the fundamental principles of decentralization and security in this domain, heralding a bright and efficient future for cryptocurrency users ✨.
As the poet Maya Angelou beautifully expressed:
“You may write me down in history,
With your bitter, twisted lies,
You may trod me in the very dirt
But still, like dust, I’ll rise.” 🌟
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Merit: -
Is there a specific technology that makes this all possible?
?
Activity: -
Merit: -
When can we expect a web-based version of BitcoinAtom • Swaps to be released?

An update would be shared in due time. Information will be posted on the BCA Website (https://bitcoinatom.io/) and on Swaps telegram page (https://t.me/bitcoinatomswaps)

I think these things is
Perks of Atomic Swaps for all :

🤝 No middlemen needed
🔒 Keep your privacy(stealth addresses for all assets)
🚫 Less chance of scams  (HTLC Contracts for Enhanced Security: Used in BTC-ETH/ERC-20 swaps).
🌍 Tap into global markets(all world)
💸 Save on fees (especially for bca )
🔄 More options for trading (User-friendly order books for each pair)
💱 Swap different currencies easily
🎁Unlimited withdrawals and deposits
❄️Prevent addresses from freezing
🧭Anywhere you are even in persian,you can trade without  sign up or limited .

There are other benefits too, maybe later...
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Activity: -
Merit: -
Atomic swaps are based on Hashed Time-Lock Contracts (HTLC), which utilize the following basic mechanisms:

• Multi-signatures: transactions can be signed by two (or more) parties, thus having the parties that signed verify and be accountable for the multi-signature transaction (also referred to as multi-sig in Bitcoin parlance).

• Hash-locks: a cryptographic lock that can be unlocked by revealing a secret s whose hash H(s) is equal to the value h configured in the lock.

• Time-locks: a time-based condition that prevents a transaction’s or smart contract’s assets from being redeemed (or refunded) until a specific time interval has elapsed. The interval can be relative to the time the transaction is published on the blockchain or can be absolute time.

• Basic scripting: this is required to indicate that a transaction can be unlocked (or committed) only if multiple conditions are satisfied, e.g., both the secret to unlock a hashlock is revealed or the time specified by the timelock has elapsed and a particular signature is provided. Hashlocks can be used to link transactions on two blockchains. Both locks are constructed using the same hash function and are configured with the same hash, hence they can be unlocked using the same secret: opening one hashlock reveals the secret which can be used to open the hashlock on the other chain.
Xmr Group has a problem with your project being closed source, is there a solution to solve their concern?
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Question 1
Are you considering adding new coins to BitcoinAtom • Swaps, i.e. cryptocurrencies or stablecoins?

Or is the strategy to get liquidity to BTC, ETH, XMR and BCA first, before adding new coins to the Atomic Swaps DEX?

Question 2
Is there any plans to market BitcoinAtom • Swaps, so more people can be aware of your AS~DEX?

1. Yes, Definitely. Several other coins will be added over time. We are starting with the most traded pairs and we believe getting liquidity to these makes new additions easier.

2. Good Question. Yes there are. We are working on some targetted B2B and B2C marketing and the results of these will be posted on https://bitcoinatom.io/ and on the https://t.me/bitcoinatomswaps announcement page

Do you think you can get enough traction in swaps.org this year(2025)?
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Atomic swaps, the technology back of Swaps.org, operate on the principle of interoperability, enabling the exchange of different cryptocurrencies across distinct blockchain networks. By adhering to standardized protocols and utilizing compatible hashing algorithms, atomic swaps can be implemented across a wide range of blockchain platforms. Additionally, ongoing developments in cross-chain communication protocols aim to further enhance the universality of atomic swaps, ensuring compatibility with both existing and emerging cryptocurrencies.

Swaps is ahead of the curve and is providing a decentralized means for cross-chain transfers


My views on using your platform are:
1_ Can this platform fully protect my privacy?
2- Can I use it as a high security wallet?
3- Is there a way to track my transactions in this exchange?
4- Are the exchanges fast enough?
5- Are there any restrictions on its use?
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BITCOIN ATOM implements core fundamentals that Satoshi Nakamoto outlined in his whitepaper and his thinking, which is decentralization and removal of dependency on any one party or system. Back then the ecosystem was not as developed, with multiple cryptocurrencies as it is now.

While cryptocurrencies can be exchanged P2P and on exchanges, it is inefficient, costly, and subject to hacks, and credit risk -- in general anything which is centralized could be compromised, and should be avoided if possible.

We believe that with crypto becoming an asset class, Atomic Swaps are the future of trading and exchanging value. We feel that BITCOIN ATOM is the future of Bitcoin as it is the only implementation of atomic swaps embedded in Bitcoin.




I like this 🧡
I feel satoshi is alive 💫🎊
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I checked all aspects to increase the speed of atomic transactions, but there is only one way, using off-chain transactions.Blockchains like Bitcoin are slow in confirming blocks, reducing the number of block confirmations also compromises security.

So your solution to speed up exchanges is off-chain exchange?

this reduces fees and increases scalability as well

Do you choose this path(off_chain)?

Or is there something new like the dleq method?
newbie
Activity: 7
Merit: 0
It’s been quiet from you after the official announcement of BitcoinAtom • Swaps was released in April.

What can we expect from Bitcoin Atom and Swaps in the near future?
newbie
Activity: 19
Merit: 0
Doese BCA get listed on Xeggex too?

Kind Regards
newbie
Activity: 7
Merit: 0
What is the plan for Bitcoin Atom (BCA), your native coin?

Will BCA be utilised within BitcoinAtom • Swaps?
newbie
Activity: 5
Merit: 0
it would be awsome if it is sooner then later but i have my doubts.
newbie
Activity: 7
Merit: 0
There exists other cross-chain Atomic Swaps DEX-es out there as well, like Komodo and BasicSwap.

What distinguishes BitcoinAtom • Swaps from its competitors?
newbie
Activity: 9
Merit: 0
Question 1
Are you considering adding new coins to BitcoinAtom • Swaps, i.e. cryptocurrencies or stablecoins?

Or is the strategy to get liquidity to BTC, ETH, XMR and BCA first, before adding new coins to the Atomic Swaps DEX?

Question 2
Is there any plans to market BitcoinAtom • Swaps, so more people can be aware of your AS~DEX?

1. Yes, Definitely. Several other coins will be added over time. We are starting with the most traded pairs and we believe getting liquidity to these makes new additions easier.

2. Good Question. Yes there are. We are working on some targetted B2B and B2C marketing and the results of these will be posted on https://bitcoinatom.io/ and on the https://t.me/bitcoinatomswaps announcement page
newbie
Activity: 7
Merit: 0
Question 1
Are you considering adding new coins to BitcoinAtom • Swaps, i.e. cryptocurrencies or stablecoins?

Or is the strategy to get liquidity to BTC, ETH, XMR and BCA first, before adding new coins to the Atomic Swaps DEX?

Question 2
Is there any plans to market BitcoinAtom • Swaps, so more people can be aware of your AS~DEX?
newbie
Activity: 9
Merit: 0
Atomic swaps are based on Hashed Time-Lock Contracts (HTLC), which utilize the following basic mechanisms:

• Multi-signatures: transactions can be signed by two (or more) parties, thus having the parties that signed verify and be accountable for the multi-signature transaction (also referred to as multi-sig in Bitcoin parlance).

• Hash-locks: a cryptographic lock that can be unlocked by revealing a secret s whose hash H(s) is equal to the value h configured in the lock.

• Time-locks: a time-based condition that prevents a transaction’s or smart contract’s assets from being redeemed (or refunded) until a specific time interval has elapsed. The interval can be relative to the time the transaction is published on the blockchain or can be absolute time.

• Basic scripting: this is required to indicate that a transaction can be unlocked (or committed) only if multiple conditions are satisfied, e.g., both the secret to unlock a hashlock is revealed or the time specified by the timelock has elapsed and a particular signature is provided. Hashlocks can be used to link transactions on two blockchains. Both locks are constructed using the same hash function and are configured with the same hash, hence they can be unlocked using the same secret: opening one hashlock reveals the secret which can be used to open the hashlock on the other chain.
newbie
Activity: 9
Merit: 0
Is there any intersecting point between Atomic Swaps and Layer-2 scaling platforms?

Hmm. Interestingly, Yes. Atomic swap allows Layer-2 platforms to become a network of payment channels as it suits their near-instant transaction speed and helps improve micropayments.
 
For instance, atomic swaps are perfect for Lightning Network since it doesn't require block confirmations or compete for space within blocks.
newbie
Activity: 9
Merit: 0
Is there any intersecting point between Atomic Swaps and Layer-2 scaling platforms?
newbie
Activity: 9
Merit: 0
Atomic swaps, the technology back of Swaps.org, operate on the principle of interoperability, enabling the exchange of different cryptocurrencies across distinct blockchain networks. By adhering to standardized protocols and utilizing compatible hashing algorithms, atomic swaps can be implemented across a wide range of blockchain platforms. Additionally, ongoing developments in cross-chain communication protocols aim to further enhance the universality of atomic swaps, ensuring compatibility with both existing and emerging cryptocurrencies.

Swaps is ahead of the curve and is providing a decentralized means for cross-chain transfers
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