Introduction

One of the biggest challenges in the cryptocurrency space has been enabling truly trustless trading between different blockchain networks. With over $2 trillion worth of Bitcoin seeking to participate in the broader crypto ecosystem, the need for secure, decentralized trading solutions has never been greater. Enter DeTrading: A revolutionary atomic swap protocol that makes trustless cross-chain trading a reality.

What Are Atomic Swaps?

Think of atomic swaps like a perfect digital handshake — either both parties complete the exchange simultaneously, or nothing happens at all. The word "atomic" comes from computer science, meaning an operation that can't be divided or interrupted. When you trade using atomic swaps, either you get exactly what you were promised, or you get your original assets back. There's no middle ground where one party can take advantage of the other.

How Atomic Swaps by DeTrading Work

DeTrading uses advanced cryptography to ensure completely trustless trading between Bitcoin and Fractal. Here's a simplified explanation of the process:

Secure Lock-up: When you want to trade, your assets are locked in a special type of smart contract using multi-signature addresses. Think of this like putting your assets in a transparent vault where everyone can see them, but only specific cryptographic keys can unlock them.
Cryptographic Guarantees: The magic happens through what we call "adaptor signatures." These ensure that when one person claims their traded assets, they automatically reveal the key that lets their trading partner claim theirs. It's like a perfectly coordinated dance where both moves must happen together.
Safety First: If anything goes wrong, time-locked refund paths ensure you can always get your assets back after a set period. No more worrying about your assets being stuck or lost.

With that in mind, we can dive into the specifics of the atomic swaps, and how they work:

Security Design

Smart Lock System: Think of it as a two-key safe deposit box where both parties must participate to complete the trade.
Automatic Refunds: If the trade doesn't complete, your assets automatically become available after a set time.
No Trust Required: The entire process is secured by cryptography, not promises.

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Last updated 2 months ago

What Are Atomic Swaps?

How Atomic Swaps by DeTrading Work

DeTrading uses advanced cryptography to ensure completely trustless trading between Bitcoin and Fractal. Here's a simplified explanation of the process:

Secure Lock-up: When you want to trade, your assets are locked in a special type of smart contract using multi-signature addresses. Think of this like putting your assets in a transparent vault where everyone can see them, but only specific cryptographic keys can unlock them.

Cryptographic Guarantees: The magic happens through what we call "adaptor signatures." These ensure that when one person claims their traded assets, they automatically reveal the key that lets their trading partner claim theirs. It's like a perfectly coordinated dance where both moves must happen together.

Safety First: If anything goes wrong, time-locked refund paths ensure you can always get your assets back after a set period. No more worrying about your assets being stuck or lost.

With that in mind, we can dive into the specifics of the atomic swaps, and how they work:

Security Design

Smart Lock System: Think of it as a two-key safe deposit box where both parties must participate to complete the trade.

Automatic Refunds: If the trade doesn't complete, your assets automatically become available after a set time.

No Trust Required: The entire process is secured by cryptography, not promises.