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Towards faster settlement in HTLC-based Cross-Chain Atomic Swaps. (arXiv:2211.15804v1 [cs.CR])
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 …
More from arxiv.org / cs.CR updates on arXiv.org
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