{"id":11356,"date":"2021-08-26T03:54:10","date_gmt":"2021-08-26T03:54:10","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/xmr-developer-announces-bitcoin-to-monero-atomic-swap-capabilities\/"},"modified":"2021-08-26T03:54:10","modified_gmt":"2021-08-26T03:54:10","slug":"xmr-developer-announces-bitcoin-to-monero-atomic-swap-capabilities","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/xmr-developer-announces-bitcoin-to-monero-atomic-swap-capabilities\/","title":{"rendered":"XMR Developer Announces Bitcoin to Monero Atomic Swap Capabilities"},"content":{"rendered":"

For quite some time, trustless, cross-chain trades called atomic swaps have been a holy grail of sorts and a number of blockchain developers have worked on making them a reality. According to the developers from the Monero project, atomic swaps between bitcoin and monero are now accessible via the COMIT team\u2019s asb software.<\/strong><\/p>\n

Cross-Chain Swapping Bitcoin and Monero in a Trustless Fashion<\/h2>\n

The Monero project has announced that bitcoin (BTC)<\/a> monero (XMR)<\/a> atomic swaps are now available via an implementation created by the COMIT network. The announcement was written by Monero developer Erciccione<\/a> who explains that the \u201catomic swap implementation developed by the COMIT team is mature enough to be used on Monero\u2019s network.\u201d<\/p>\n

The developer\u2019s post comes with instructions<\/a> on how to leverage the atomic swap protocol and users need to utilize a program developed by the COMIT team called \u201casb software<\/a>.\u201d Erciccione also asked people to start testing the protocol and to \u201clet [developers] know if you find any issues.\u201d The developer emphasizes that the software is new and may have \u201cunexpected bugs.\u201d \u201cBe careful and only test with small amounts,\u201d the Monero protocol developer insists.<\/p>\n

<\/p>\n

Bitcoin to Monero Atomic Swap Protocol Can Be Leveraged With the Privacy-Centric Tor Network<\/h2>\n

Monero has seen an increase in value since this feature was announced. Year-to-date, monero (XMR<\/a>) has gained 226% while over the last month, XMR<\/a> is up 42%. The Monero network is well known for its privacy attributes that are active by default as users do not have the option to send transparent transactions. Obfuscated XMR<\/a> transactions are delivered by using ring signature technology<\/a>, \u201cbulletproofs<\/a>,\u201d and stealth addresses<\/a>. A number of other privacy-focused coins have also seen significant monthly gains<\/a>.<\/p>\n

The atomic swap announcement details that the protocol works over the Tor network so users can gain even more privacy during the swap operation. Erciccione<\/a> says that in order to find swap providers with liquidity, unstoppableswap.net<\/a> offers BTC<\/a> XMR<\/a> atomic swap services for those who have read up on how to use the protocol properly. Other teams that have advanced atomic swap technology include blockchain projects like Komodo and Zcash.<\/p>\n

What do you think about the bitcoin to monero atomic swap protocol? Let us know what you think about this subject in the comments section below. <\/strong><\/em><\/p>\n

Bitcoin News
\nPrivacy, Anonymity, Anonymous Transactions, asb software, Atomic Swaps, Bitcoin network, bitcoin to monero, BTC, BTC to XMR, bulletproofs, COMIT team, Cryptocurrency, Erciccione, Monero, monero developer, Monero Network, protocol, Ring Signatures, stealth addresses, Tor Network, unstoppableswap.net, xmr<\/p>\n","protected":false},"excerpt":{"rendered":"

For quite some time, trustless, cross-chain trades called atomic swaps have been a holy grail of sorts and a number of blockchain developers have worked on making them a reality. According to the developers from the Monero project, atomic swaps between bitcoin and monero are now accessible via the COMIT team\u2019s asb software. Cross-Chain Swapping…<\/p>\n","protected":false},"author":0,"featured_media":11357,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-11356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/11356"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=11356"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/11356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/11357"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=11356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=11356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=11356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}