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Topic: ⚛️ SWAPS.ORG – TRADE NATIVE CRYPTO - XMR/BTC/ETH/ERC-20 - ON-CHAIN DEX ⚛️ - page 7. (Read 54952 times)

newbie
Activity: 28
Merit: 0
You're spot on about atomic swaps providing these advantages, but you're also correct in thinking these benefits extend beyond the realm of atomic swaps. 😉

Here are a few other areas where these advantages can be useful:

1. *Decentralized Finance (DeFi):* Decentralized exchanges, lending protocols, and other DeFi applications rely on trustless smart contracts, offering users the same benefits as atomic swaps.

2. *Supply Chain Management:* Blockchain-based supply chain management systems can provide transparency, trust, and efficiency in logistics and transportation.

3. *Digital Identity:* Self-sovereign identity systems using blockchain technology can provide users with more control over their personal information, reducing the risk of identity theft and fraud.

4. *Voting Systems:* Blockchain-based voting systems can offer transparency, security, and anonymity in elections, reducing the risk of voter fraud and tampering.

In summary, the benefits of decentralization, privacy, and security that are showcased in atomic swaps can also be applied in various other contexts to improve transparency, trust, and efficiency across many industries. 💯
newbie
Activity: 14
Merit: 0
Interesting points I see , so all these are relevant in swaps or there are other spaces where one has to access it
newbie
Activity: 28
Merit: 0
Here are some advantages of using atomic swaps:

1. *No Counterparty Risk*: Atomic swaps are trustless, meaning that the parties involved don't have to trust each other or rely on a third party. This reduces the risk of fraud or theft.

2. *Increased Privacy*: Atomic swaps can provide greater privacy by eliminating the need for centralized exchanges, which often require personal information and collect data about user activity.

3. *Lower Fees*: Centralized exchanges often charge high fees for their services. Atomic swaps can eliminate these fees, potentially making it cheaper to trade assets.
 
4. *Decentralization*: Atomic swaps are based on decentralized technologies like blockchain, which makes them resistant to censorship and gives users more control over their assets.

In summary, atomic swaps offer a number of advantages over traditional methods of exchanging assets, making them an attractive option for those seeking greater security, privacy, and control in their financial transactions.
newbie
Activity: 14
Merit: 0
I'd like to know the advantages of using  atomic swaps for trading?
newbie
Activity: 6
Merit: 0
Wow. Swaps.org is also on Bitcointalk? Interesting. Wish you guys luck and hope your project flies. The crypto market is long overdue for atomic swaps.
newbie
Activity: 28
Merit: 0
*Adaptor Signatures*: These are an extension of standard Schnorr signatures, which allow for the exchange of digital signatures between two parties without revealing the private key. This is crucial for enabling cross-chain atomic swaps, like those between Monero (XMR) and Bitcoin (BTC), where privacy is of utmost importance.

*DLEQ proofs*: These are "Discrete Log Equals to Zero" proofs, which are a special type of cryptographic proof used in zero-knowledge protocols. DLEQ proofs are used in ETH/ERC-20 atomic swaps to ensure that a specific Ethereum account can only be unlocked by a specific Monero public key.

Basically, the Monero transaction can only be unlocked by the Ethereum account if the DLEQ proof is correct.
newbie
Activity: 7
Merit: 0
What specifically does Adaptor Signatures and DLEQ Proofs do, that HTLC doesn’t?

I’m aware that
• Adaptor Signatures enables XMR~BTC trading, and
• DLEQ Proofs enables XMR~ETH/ERC-20 trading.

I’ve also understood that HTLC enables cross-chain Atomic Swaps between cryptocurrencies with smart contract capabilities, and that Adaptor Signatures and DLEQ Proofs enables cross-chain Atomic Swaps between smart contract coins with non-smart contract coins.

I just don’t understand how this is done.

Is it possible for the Swaps core dev to give us some insight into these cross-chain Atomic Swaps mechanisms?
newbie
Activity: 9
Merit: 0
Please what is the update on the dev of Atom GUI tools. I think there was some talks around this some years back

What do you mean by "atom GUI tools"? Please use Swaps on swaps.org, which is the latest implementation. You can custody and trade XMR, BTC, ETH, ERC-20 tokens, and BCA through our atomic DEX in a decentralized manner, where you control your own keys.
newbie
Activity: 9
Merit: 0
Please what is the update on the dev of Atom GUI tools. I think there was some talks around this some years back
newbie
Activity: 7
Merit: 0
Hiya. Gud to see some more activity on d project...  i can see two telegram accounts. Which is the real Bitcoin Atom account? https://t.me/bitcoinatomswaps or https://t.me/bitcoinatom?
Tnx
newbie
Activity: 5
Merit: 0
Hey Swaps dev team, Can we bombard the world with several articles on atomic swaps. Did some research and didn't see anything like that in decentralized markets. This could truly be groundbreaking for the crypto market.
newbie
Activity: 5
Merit: 0
Hello, anyone here? Please is BCA listed on Coinmarketcap already? If no, where is it listed
newbie
Activity: 7
Merit: 0
Great to see that we’ve finally got a full release of BitcoinAtom • Swaps. The cross-chain Atomic Swaps DEX looks awesome. This is the first step towards Satoshi’s vision of making an electronic payment system with no need for a trusted third party, making Bitcoin Atom de facto Bitcoin~2.0.

One question for the core dev:

Are we close to a web-based release of BitcoinAtom • Swaps?
jr. member
Activity: 38
Merit: 1
Swaps.org core dev
Is there any progress on the swaps-DEX and am I getting an answer anytime soon?

Hey, you can go to swaps.org and download the official Linux and Windows apps - they're already fully working, supporting trustless on-chain swaps for BTC, ETH, XMR, ERC-20 (DAI, USDT, USDC, etc).

Do let us know how you like it! Smiley
newbie
Activity: 28
Merit: 0
newbie
Activity: 5
Merit: 0
Hello dev, while we are at it, is there a telegram group for holders? Somewhere information can be passed across?  Or something?  If he's, can you share?
newbie
Activity: 28
Merit: 0
Hey are you Satoshi Nakamoto or related to Satoshi Nakamoto. I just tested Swaps works perfectly
newbie
Activity: 5
Merit: 0
Is there any progress on the swaps-DEX and am I getting an answer anytime soon?
newbie
Activity: 1
Merit: 0
Only one that can do embedded atomic swaps, which we believe is the next generation of trading tokens.

what is embedded atomic swaps?, do you have a link please
newbie
Activity: 1
Merit: 0
Wow. wonderful. Tracking this project since 2017 Dec.  Every time they come up with some awosome development. Trying Swap very easy to use, my key in my pocket. i would recomand to everyone to check it out at lest once so in future dont have to regreat .  Smiley Smiley Smiley
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