An atomic swap is the exchangeAn exchange is a marketplace where traders can buy and sell cryptocurrencies and other digital assets. The "exchange" acts as... Read More of cryptocurrencies on different blockchains without involving intermediaries. For example, to move from bitcoinBitcoin is a cryptocurrency. It operates without the need for a central authority like a central bank or a company,... Read More to etherEther is the cryptocurrency used on Ethereum. Ether holders can buy, sell, or use Ether to pay transaction fees on... Read More currently requires a centralizedAn organizational structure wherein a small handful of actors have control over the entire network. Centralized in the context of... Read More exchange house as each is a separate blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... Read More. An atomic swap will allow you to send your bitcoinOne bitcoin is a unit of the virtual currency called Bitcoin. BTC is the ticker symbol for Bitcoin, and refers... Read More to the person who gives you ether in exchange for a single blockchain transactionA blockchain transaction is a digital recording of an event or action stored in a public, decentralized ledger. A blockchain... Read More reflected on both blockchains.
