en
Back to the list

Litecoin for Vertcoin: second atomic swap successful


Yesterday, the first atomic swap ever happened, when the Litecoin creator, Charlie Lee, has converted a sum of Litecoin to Decred without using any cryptocurrency exchanges. This became possible thanks to the coders of both Litecoin and Decred who constantly implement latest blockchain solutions in cryptocurrency protocols and thus enable new, interesting functions.

Today, it became known that not only the LTC-DCR pair was used. Lee has managed to change 1 LTC for 55 VTC (Vertcoin). Yes, these conversions currently look small and didn’t transform the market in a minute, but let’s remind ourselves how the radio was being born – with simple, experimental transmissions by Popov and Marconi and later, by first amateur radio operators. Potentially, the compatibility of cryptocurrency chains can make cryptocurrency exchanges much more useless and cut the middleman.


Back to the list