Definition ∞ Atomic swap execution refers to a direct, peer-to-peer exchange of digital assets between two different blockchain networks. This exchange occurs without the need for a centralized intermediary, using cryptographic protocols to ensure both parties either complete the transaction or neither does. The process relies on hash time-locked contracts to guarantee the integrity of the asset transfer.
Context ∞ Atomic swap execution is a significant development for enhancing interoperability and decentralization across the digital asset ecosystem. It addresses the challenge of exchanging assets between disparate blockchains trustlessly, reducing reliance on centralized exchanges. This technology remains a key area of research and implementation for protocols aiming to facilitate seamless cross-chain asset transfers, influencing discussions on market structure and liquidity.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
