by Marvin Dumont
An atomic swap is smart-contract technology that enables the exchange of different cryptocurrencies without the need for intermediaries or third parties. The trade of one crypto for another is possible even if they are running on different blockchain networks.
Atomic swaps are:
- Secure as traders don’t have to use their private keys
- Resistant to fraud
Moreover, users don’t need a centralized exchange, which decreases transaction costs.
Apollo’s Decentralized Exchange (DEX) protects Apollonauts’ privacy and data when trading and transferring funds. Trades will be done via atomic swaps.
Apollo (APL) all-in-one privacy currency combines features of mainstream cryptocurrencies in an unregulatable platform. With two-second block speed, APL is one of the fastest cryptos on Earth. “Apollonauts” use features such as encrypted messaging, smart contracts, decentralized exchange, decentralized applications and decentralized file storage.
Learn more at www.apollocurrency.com