Bitcoin Q&A: Atomic Swaps
Reducing the switching cost between cryptocurrencies with trustless cross-chain swaps. What happens when that decentralized multi-currency micropayment network becomes fully automated and instantaneous?
"Atomic swaps are years away." No. https://blog.lightning.engineering/an...
Chapters
0:00 Let's say an average user buys things from 50 different brands will that need 50 different altcoins?
0:36 Switching cost
2:05 Atomic cross-chain swaps
3:26 The lightning network
5:15 Go forth and build
This is part of a talk which took place at the Bitcoin Open Blockchain (BOB) community event on October 29th 2017 at the mHUB innovation center in Chicago, Illinois: https://www.meetup.com/Bitcoin-Open-B...
Watch the full talk here: • Decentralized Truth
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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.
Follow on Twitter: @aantonop / aantonop
Website: https://antonopoulos.com/
He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Mon...
[NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money...
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bi...
[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitc...
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Music: "Unbounded" by Orfan ( / orfan )
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
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