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<a href="https://musing.io/q/sapwood/can-atomic-swap-be-used-to-exchange-all-cryptocurrencies"><b>View this question on Musing.io</b></a>
author | sapwood |
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permlink | fkbcdpzmq |
category | musing-threads |
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<a href="https://musing.io/q/sapwood/can-atomic-swap-be-used-to-exchange-all-cryptocurrencies">View this answer on Musing.io</a>
author | milaan |
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permlink | f32rznymw |
category | musing-threads |
json_metadata | "{"app":"musing/1.1","appTags":["Cryptocurrency"],"appCategory":"Cryptocurrency","appTitle":"Can atomic swap be used to exchange all cryptocurrencies?","appBody":"<p>No. It can not be universally used for all cryptocurrencies. </p>\n<p>Atomic Swap uses HTLC technique which is known as Hash Loack and Time Lock. Hash Lock is part of the cryptographic task in which it is ensured that any part of the fund can not be sent unless the other part is done. Time lock is the protection against the cancellation of the transaction by any party within a set time frame. </p>\n<p>It should be noted that not all the cryptocurrencies have HTLC feature or simply their design does not support HTLC technique. So those cryptocurrencies which do not have this feature can not be exchanged using Atomic Swap. For example, Monero, IOTA etc, these cryptocurrencies can not be exchanged using Atomic Swap. </p>\n<p><br></p>","appDepth":2,"appParentPermlink":"fkbcdpzmq","appParentAuthor":"sapwood","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
created | 2019-04-01 03:18:33 |
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