Difference between Atomic Swap and DEX
What is Atomic Swap? It refers to directly exchanging different coins without going through a cryptocurrency exchange. It is used when you want to exchange different types of coins without going through an exchange to save time and money (fees) and minimize the risk of hacking.
What is DEX (Decentralized Exchange)? It refers to a decentralized cryptocurrency exchange that operates in a peer-to-peer (P2P) manner. Decentralized exchanges only broker transactions. Assets go directly to P2P and do not go through exchanges. Even if the exchange is hacked, assets are not stolen, and there is no risk of book trading.
We have implemented the atomic swap function, and it is a stepping stone for implementing the DEX function in the future.
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