Atomic Swap

Atomic swap refers to a decentralized method of directly exchanging cryptocurrency assets between two parties without relying on a centralized exchange or any trusted intermediaries. In an atomic swap, the P2P exchange occurs directly between the participants, allowing for secure and trustless transactions. This type of swap relies on the use of smart contracts to enable the secure exchange of crypto assets across diverse blockchain networks. The process involves locking the assets, verifying the transaction conditions, and subsequently unlocking the assets, ensuring a seamless and trustless exchange.