Atomic Swap – An “atomic swap” embodies a peer-to-peer exchange of cryptocurrencies across distinct blockchains without the involvement of intermediaries. This mechanism ensures that either both parties successfully complete the exchange or none at all, eliminating partial transactions and fostering trust in cross-chain dealings. Embark on a journey to uncover the mechanics behind atomic swaps, exploring their potential to enhance liquidity, reduce counterparty risk, and drive interoperability across blockchain networks, laying the groundwork for seamless value transfer in a decentralized ecosystem.
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