Nov. 30, 2022, 2:10 a.m. | Subhra Mazumdar

cs.CR updates on arXiv.org arxiv.org

Hashed Timelock (HTLC)-based atomic swap protocols enable the exchange of
coins between two or more parties without relying on a trusted entity. This
protocol is like the American call option without premium. It allows the
finalization of a deal within a certain period. This puts the swap initiator at
liberty to delay before deciding to proceed with the deal. If she finds the
deal unprofitable, she just waits for the time-period of the contract to
elapse. However, the counterparty is …

cross-chain settlement

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