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RE: Send LTC, Receive BTC. The first cross-chain atomic swap between BTC and LTC was performed!

in #bitcoin • 7 years ago

This seems really exciting to see. Glad Litecoin is really pushing along with cool features.

But i'm curious, Is there any links or post about what's going on here or how it's doing this without an intermediary? Also kinda curious on Specifics (i.e., Tx Fees, Exchange Rate?)

7 years ago in #bitcoin by
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     7 years ago (edited) 

    I left a link in the post about it ... I know what is explained there, not more. https://blog.decred.org/2017/09/20/On-Chain-Atomic-Swaps/
    As far as I know you must pay 2 fees, one for each coin, when you do the swap and is not intended to be a replace of the market and the exchange rato you talk with the other part and get in an agreement.

    But here there is more technical explanation https://github.com/decred/atomicswap/

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