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3
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Atomic swaps work with so-called hashed timelock contracts. These lock the value for a specific time except the other party can provide a secret which hashes to the given hash. In Bitcoin (and most cl …
answered Jul 16 '18 by noobWithAComputer
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In the normal case where nobody wants to betray the other party, an atomic swap consists of four transactions: a hashed timelock contract (HTLC) from party A on chain A. It contains an if-statement …
answered Jul 16 '18 by noobWithAComputer
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A bit late, but maybe someone wants to know nevertheless. In order for an atomic swap to take place, both(/all) parties have to be able to watch the blockchain and all transactions which happen there …
answered Jul 16 '18 by noobWithAComputer