Komodo Developers Demonstrate Bitcoin Cash Atomic Swap

in bitcoin-cash •  7 years ago 

This week, the developers of the komodo Block (KMD) blockchain platform performed a successful nuclear swap using the barred exchange of the team between KMD and Bitcoin Cash (BCH).

Bitcoin caps display nuclear swap on the Komodo Developer Barterdex platform

The developer of this open source komodo cryptocurrency has switched atoms on December 14 between KMD and BCH this komodo is a digital asset intended for confidential-focused audiles and it is expected that it will provide more functional blockchain transactions.

These cryptocurrencies use an unconventional mechanism called a controversial work (Depot W), which is similar to POK of bitcoin, but also uses a block notarization method. In addition to the komodo Token in the team, I have also created a decentralized exchange called Barterdex,

This is a business platform that provides cross-chain atom swaps between other cryptocurrencies. Nuclear swap allows two parties to transact between two blockchains in a trustless way without rival exposure.

This developer first performed 'BCH <> KMD' atom swap, which revealed his findings on the Reddit Forum.

It was she who showed this real swap by the developer. It is a nuclear swap between the komodo and bitcoin cache, where the KMD buyer bought BCH. Nuclear swap protocols used in Barterdex follow the Tier Nolan Protocol (Alice Buyer, Bob Vendor).

Nuclear swap will break Cryptocurrency trading barriers

The komodo team says that the Barterdex BCH swap code is "very complex," but it also uses the 2-2 multi-signature mechanism, which requires the cancellation of the business. This BETTERDEX platform also operates 60 other digital assets that trade the block-chain-to-blockchain. In addition to the swap atom with this GUI, Barterdex also provides decentralized order-matching.

It buys an order matching system match and sells orders so that each party can execute the desired business. This komodo team explains that there have been significant efforts to try and push the idea of decentralized exchanges such as Bisk Network. Although they rely on biscuit exchanges and other escrow systems, while Barterdex uses the nuclear swap protocol.

This bitcoin core (BTC) is a nuisance during the nuclear swap time when the Mempool is crowded. When these BTC blockings get support with unconfirmed transactions, these Barterdex exchange exchanges have to wear bitcoin core atomic swaps until Mempool is cleaned. According to the komodo developers, this will not be disabled in BTC Barterdex, except while the time of the high-MAMPUL crowd, BTC nuclear swap is very likely to fail, "explains komodo Twitter handle.

For this reason, the developers explained this news. Bitcoin com that they decided to integrate bitcoin cash into the trading engine. The komodo team explained the news. Bitcoin.com is pleased with BCH integration and believes that nuclear swap cryptocurrency will change the future of business.

This nuclear swap drops many major obstacles, along with the current lack of security in cryptocurrency trading, shows that the komodo development team.

source - https://news.bitcoin.com/komodo-developers-demonstrate-a-bitcoin-cash-atomic-swap/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

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