1/6 🔗

An atomic swap allows two users to exchange cryptocurrencies directly between different blockchains without relying on a central exchange or intermediary #AtomicSwap #BlockchainInteroperability #CryptoBasics #ningenie #ninx #ninjapay

2/6 🤝

Atomic swaps enable true peer-to-peer crypto trading, removing exchange risks like downtime, limited trading pairs, and custody of funds #DecentralisedFinance #P2PTrading #Web3 #ningenie #ninx #ninjapay

3/6 ⏱️

These swaps rely on Hashed Timelock Contracts (HTLCs), which ensure trades either complete within a set time or are automatically cancelled #SmartContracts #HTLC #CryptoSecurity #ningenie #ninx #ninjapay

4/6 🌉

Atomic swaps can occur on-chain between separate blockchains or off-chain via second-layer solutions like the Lightning Network for faster execution #CrossChain #Layer2 #BlockchainTechnology #ningenie #ninx #ninjapay

5/6 ⚙️

By removing intermediaries, atomic swaps improve transparency and decentralisation, supporting the original vision of trustless value transfers #Trustless #Decentralisation #CryptoInnovation #ningenie #ninx #ninjapay

6/6 ⚠️

Despite their promise, atomic swaps face challenges like limited wallet support, slower speeds, and technical complexity, slowing mass adoption #BlockchainChallenges #CryptoEducation #ningenie #ninx #ninjapay

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