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RE: MultiChain Chaosnet is live - Valhalla awaits.

in LeoFinance4 years ago

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.

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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.

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