⚡️ Blockstream opens Swaps beta for trustless atomic swaps between mainchain, Lightning and Liquid
Blockstream announced on 17 August the beta launch of Blockstream Swaps, a trustless atomic swap service spanning the Bitcoin mainchain, the Lightning Network and the Liquid sidechain. Access is invite-only for now; the company has not indicated a date for general availability.
The service is built on hashed time-locked contracts: each swap either completes in full or reverts, with no intermediary holding funds in transit.
Blockstream stated it does not intend to replace other providers, describing Swaps as "a necessary addition to improve redundancy and resilience in the ecosystem." The company added that development was already under way before Boltz suspended operations, while acknowledging the news created an internal sense of urgency.
W...
🔗 Read the full article on Atlas21
Blockstream announced on 17 August the beta launch of Blockstream Swaps, a trustless atomic swap service spanning the Bitcoin mainchain, the Lightning Network and the Liquid sidechain. Access is invite-only for now; the company has not indicated a date for general availability.
The service is built on hashed time-locked contracts: each swap either completes in full or reverts, with no intermediary holding funds in transit.
Blockstream stated it does not intend to replace other providers, describing Swaps as "a necessary addition to improve redundancy and resilience in the ecosystem." The company added that development was already under way before Boltz suspended operations, while acknowledging the news created an internal sense of urgency.
W...
🔗 Read the full article on Atlas21