What do you make of Cross Blockchain Trades…As well as Lightning gives new kife to atomic swaps. – Bitcoints

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Published on May 27th, 2017 | by bitcoin

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What do you make of Cross Blockchain Trades…As well as Lightning gives new kife to atomic swaps.

But Lightning Network, an off-chain scaling solution originally intended for bitcoin, is setting the stage for a decentralized option called atomic swaps.
In order for atomic swaps to work, Lightning has to be up and running on at least two different blockchains.
As it stands, several development teams are currently testing their implementations of Lightning on the litecoin blockchain.
Once those steps are complete, we may see the the first atomic swaps as soon as this year.
More planning
Of course, Lightning won’t work out of the box for atomic swaps.

Source: Www.coindesk.com

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