Espay is delivering peer-to-peer atomic swap technology for the fastest, more secure and user-friendly DEX globally.
Smart Contract Based Exchange Development
How Atomic Swap Power Exchange Work?
When it comes to digital currency, atomic swaps are an anticipated feature that could enable straight transformation among two digital coins without any need for a third-party intermediary or middle-man. By engaging hash time-locked smart contracts, atomic swaps assures that involved parties will provide the currency desired for the trade, or else the transaction is cancelled automatically. These trades consume atomicity as they either happen or are terminated instantly.
Utilizing the standard of atomic swaps, direct Atomic Stock Exchanges empower retail investors to avoid mandatory conversion into cash. Atomic exchanges could viably work with large-cap stocks that have profound liquidity, and the liquidity required to make the trades would be delivered by high-frequency traders (HFT) who could form the gap that exists.
With atomic swaps, two users can exchange crypto coins from different blockchain with high security. Every user will agree with different terms before initiating a transaction. Then both make use of private keys to sign a copy of that particular transaction. The exchange is performed immediately, without any transaction fees and eliminates the need for a centralized authority to complete the transfer.
How Decentralized Exchange Helps Your Business?
Transform your business with Espay’s Smart contracts decentralized exchange development that makes your business wholly distributed and secure.
Difference Between Centralized & Decentralized
- Funds would be controlled by Exchange itself
- Not Anonymous
- Possibilities for hackings
- Server downtime
- Quite difficult to utilize
- Exchange fiat currency for crypto & vice versa
- Funds would be controlled by users themselves
- Completely Anonymous
- It’s very tough to hack
- No server downtime
- Trade variety of tokens
- Exclusively exchange digital coins