DCR-LTC atomic swap successful

Good news both to Litecoin owners and Decred holders: a cutting-edge method of cryptocurrency exchange has been tried out between LTC and DCR blockchain networks with positive results.

Atomic swap is the exchange of cryptocurrency for another cryptocurrency directly between the deal participants absolutely without any third parties involved. These deals are becoming possible due to constant cryptocurrency chains development, and potentially, all major cryptocurrencies will support atomic swap feature in the future. This will also further decentralize digital currency trade around the world, with the governments having no legal entities to ban.

Amidst this positive news, Decred has gained plus 17 percent in value, as Coinmarketcap stats show. The currency is developed by some former Bitcoin enthusiasts not satisfied with the current evolution of BTC.