Litecoin is one of the best known cryptocurrencies in the world. It was created as a fork of the bitcoin network to offer faster transactions and cheaper fees. Charlie Lee, its founder, has been working hard with an experienced developer team in order to offer a good quality currency.. 2018 could be the year in which we will see the Lightning Network and Atomic Swaps in action. It is evident that cross-chain atomic swaps are of great interest to altcoin developers. Especially where Litecoin is concerned, such technology may be introduced sooner rather than later. After completing an on-chain atomic swap between LTC and DCR, a new project is in the works. The same principle will be used to swap between Litecoin and On-chain atomic swap technology is set to revolutionize the current crypto industry, as it was enabled by the recently enacted SegWit changes that Litecoin first tested and Bitcoin finally adopted For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. Litecoin is developed with a focus on speed, efficiency, and wider Altcoin.io has completed the world's first Atomic Swap between the Ethereum and Bitcoin blockchains. In a critical first step towards a decentralized exchange, Altcoin.io transferred [0.12345 ETH for 0.12345 BTC] using its on-chain open source process.So far only Bitcoin, Litecoin, Decred, Viacoin, and Vertcoin have successfully completed Atomic Swaps.
Contents1 Bitcoin is a bubble or new technology? 2 litecoin atomic swap today. 3 Do you believe in Bitcoin? It is unequivocal that litecoin atomic swap is gaining popularity. And this popularity is changing with varying success. Bitcoin is a bubble or new technology? The world has split into two camps. Some consider bitcoin - […]
It is evident cross-chain atomic swaps are of great interest to altcoin developers. Especially where Litecoin is concerned, such technology may be introduced sooner rather than later. After completing an on-chain atomic swap between LTC and DCR, a new project is in the works. The same principle will be used to swap between Litecoin and […] What many in the Litecoin community are looking forward to is the Mimblewimble implementation. In fact, the community has come out vocally in support of ..[READ MORE] Bitcoin News By actively extending Bitcoin's postulate of disintermediation, Below is a detailed guide on how to perform the Atomic Swap between Litecoin and Beam. Creating an atomic swap transaction. Atomic swaps are all the rage among cryptocurrencies right now, by the looks of things. After a successful swap between Litecoin and Decred, we have seen similar projects focus on Ethereum and Bitcoin. Amid all of this is Viacoin, an altcoin which also wants to get involved in cross-chain atomic swaps.
En algunos círculos, también se lo conoce como intercambio atómico de cadenas cruzadas, pero significa exactamente lo mismo. Atomic Swaps: ¿Qué son? El 19 de septiembre de 2017 el proyecto Decred anunciaba a través de su cuenta oficial en Twitter que había completado con éxito un intercambio atómico (Atomic Swap) entre Decred y Litecoin.
Separate command line utilities are provided to handle the transactions required to perform a cross-chain atomic swap for each supported blockchain. For a swap between Bitcoin and Decred, the two utilities btcatomicswap and dcratomicswap are used. Both tools must be used by both parties performing the swap. Atomic swaps herald a way to greatly expand the capabilities of blockchain - but how soon will users be tapping the tech for trading? Ethereum Bitcoin-Ethereum Atomic Swap Code Now Open Source Hoy 16 de noviembre se llevó a cabo el primer intercambio atómico entre las redes de prueba de Litecoin y Bitcoin.. La noticia fue anunciada en el blog oficial de Lightning. Según la publicación, Lightning Labs llevó a cabo el primer Atomic Swap entre las testnets de ambas plataformas, en las cuales ya había sido activado SegWit. This disintermediates the exchange process between cryptocurrencies that support these swap transactions. We have created some simple prototype tools under the atomicswap repository, dcratomicswap, btcatomicswap and ltcatomicswap, to allow Decred, Bitcoin and Litecoin users to swap between DCR, BTC and LTC using on-chain atomic swaps. These
What are Cross Chain Atomic Swaps? Editorial Team on November 7, 2017. For example, we recently saw the first swap between Litecoin and Bitcoin. This was also done with Vertcoin and Decred. There was also the news that a Bitcoin cash developer had also completed a similar Atomic swap with Bitcoin. This will allow people to make trust less
Since then, there are many developers who have experimented with these protocols that have played an important role in communities such as Bitcoin, Litecoin, Decred and Komodo. As is known, the first Atomic Swap were in 2014, but it was in 2017 when it was publicly acknowledged with the first exchanges with success among cryptocurrencies. Off-chain swap, on the otherhand, allows you to do atomic swaps off the blockchain. These basically take place on what is more commonly known as "layer 2", Bitcoin and Litecoin engaged in the first ever off-chain atomic swap in November of 2017 by using the Bitcoin Lightning Network. How Different Exchanges Achieve Atomic Swaps Litecoin is a cryptocurrency that allows you to send and receive funds on a peer-to-peer basis. Often referred to as the Silver to Bitcoin's Gold, Litcoin is a much smaller cryptocurrency
On September 19, the developers behind Litecoin and Decred successfully completed the first-ever cross-blockchain atomic swap between the Decred and Litecoin blockchain networks. Previously, Litecoin creator Charlie Lee proposed the possibility of performing atomic swaps between litecoin and bitcoin upon the integration of the Bitcoin Core development team's transaction malleability…
Lightning Network: How It Is Going to Affect Bitcoin and Litecoin they can simply perform an atomic swap between two blockchains. Seems catchy, doesn't it? Let's go deeper into how the
r/Bitcoin r/Ethereum r/Ripple r/BitcoinCash r/Litecoin r/EOS r/Binance r/Tether r/Stellar r/Cardano Welcome This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies or crypto-assets. It doesn't use LN so you don't have to lock coins in channels. Just today it has been announced the start of a campaign to add more coins beside those already supported (Bitcoin, Litecoin, Zcash and others) and Vertcoin should be pretty straightforward to add. Premise 5 (Atomic Swaps via the Lightning Network): Earlier in November, an off-chain Atomic Swap was demonstrated by the LND between Litecoin and Bitcoin. This was a significant milestone for