Swapzone Glossary: Atomic Swap
Want to exchange crypto directly across different blockchains without a centralized intermediary?
That’s the idea behind an atomic swap.
It allows two parties to exchange assets directly using Hash Time-Locked Contracts (HTLCs), which make the transaction conditional.
The key principle is simple: either the swap is completed according to the agreed conditions, or the locked funds can be reclaimed after the time limit expires.
That’s why it’s called atomic — the exchange is designed to be all-or-nothing.
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