This will be the first time that native crypto assets can be traded on a decentralized exchange across unique blockchains without bridging technology or wrapping tokens. So you could do crosschain swaps of ETH to BTC, BTC to LTC, etc but on a DEX like UNISWAP.
Posted Using LeoFinance Beta
You are right, native to native assets, across chains with no wrapping or trusted entities involved. A cross chain DEX like uniswap, with many more features coming as the year progresses.
Posted Using LeoFinance Beta
This article perpetuates a common false belief. This is not the first technology to perform atomic swaps natively across chains in a DEX fashion. Blocknet came out with their BlockDX many years ago and now Xlite wallet. Their problem is liquidity. Now, Thorchain comes along with different approach to solve the liquidity problem.
Thorchain is not atomic swaps. It uses cross chain bridges instead.
Semantics, maybe, but there is a difference, and there seems to be issues around the scalability of Atomic swaps.
Here is an article (really old from when Thorchain was in its infancy) outlining the different approach.
Posted Using LeoFinance Beta