What is an Atomic Swap?

So, if someone needs to exchange Bitcoin for Litecoin, simply find someone who needs your Bitcoin and is willing to deliver Litecoin to change.

Definition

Atomic swap is a technology that facilitates the exchange of two cryptocurrencies different through the use of a contract smartphone, which allows users to make exchanges from your wallet and personal in a transaction a peer-to-peer. The first described a protocol the Atomic Swap was probably Land Nolan in 2013. But already in 2012, Daniel Larimer had submitted its P2PTradeX, a protocol exchange with no confidence that have been considered by many as the prototype of the Atomic Swap. Since then, there are many developers who have experimented with these protocols that have played an important role in communities such as Bitcoin, Litecoin, Decred and Komodo. As is known, the first Atomic Swap were in 2014, but it was in 2017 when it was publicly acknowledged with the first exchanges with success among cryptocurrencies. We trade BTC/LTC and LTC/DCR.

How it works the protocol Atomic Swap

As we have already said, is a protocol designed to facilitate the exchange of cryptocurrencies different. So, if someone needs to exchange Bitcoin for Litecoin, simply find someone who needs your Bitcoin and is willing to deliver Litecoin to change. This exchange is possible thanks to a contract smart contrat), designed for a transaction peer-to-peer.

Atomic Swap in practice

We think Andrew you need to swap your LTC for BTC, and Ruben has BTC. Alice is willing to receive the LTC of Andrew, and then Andrew puts his LTC in one direction Smart Contrat, which pretend as a safety deposit box. At the time that Andrés generates your safety deposit box you must create an access key; this key should be share Ruben by using a cryptographic hash. But Ruben can’t still access to the cryptocurrencies because it just has the hash, but not the key. Then Ruben uses the hash received from Andres to generate another Smart Contrat to deposit their BTC. Now for Andrew to withdraw the BTC you need to use the same key that you used Reuben, and in doing so reveals to him the key to Reuben. So, just Andrew to claim the BTC, Ruben you can check out the LTC by completing the exchange. This distribution of keys is known as the Hashlock.

How to occur the Atomic Swap

These transactions carry the name atomic, because it will only be completed if the parties perform what corresponds to him to each one. On the contrary, if one of the parties gives up and does not comply, the contract is dissolved, and the funds are returned automatically, providing strong security to the parties. These contracts can be done in two ways, within the blockhain and out of her. On Chain: these Atomic Swap occur within networks of any criptomoneda, that is to say, within the blockchain, whether it be Bitcoin, Litecoin or another. Off Chain: for these Atomic Swap is made must take place on a second layer, and is usually done through exchange, bi-directional, very similar to those that are made through connections of the Lightning network. Usually these exchanges are performed through contracts smart multifirmas and contracts hash time-limited (HTLC)

Wallet for Atomic Swap review

Atomic Wallet is one of the wallets decentralized most popular, designed specifically for the use of this protocol to the blockchain. Available for Windows, Mac OS and Linux. Has available the protocol to be used with more than 300 cryptocurrencies, for fast and secure transfers thanks to the design the own company, Atomic Distributed Orderbook. Between the cryptocurrencies available for Atomic swaps include: Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash, Monero, and an extensive list of tokens ERC20. For the security of the storage of funds, the portfolio Now provides the customer with all of their private keys, so that is the only one able to control them. The following two tabs change content below. Creative editor and trader of cryptocurrencies, currencies, fiat, and commodities.

Did you like the content? Share it

Related

Related Posts:

  • No Related Posts

Litecoin Price Analysis: Is this the end of an Elliott Wave formation?

Litecoin completed the 5 wave pattern marked in black. Now the red ABC consolidation pattern is coming to an end too. The A-B wave stopped nicely …

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXStreet are those of the individual authors and do not necessarily represent the opinion of FXStreet or its management. FXStreet has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.Any opinions, news, research, analyses, prices or other information contained on this website, by FXStreet, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXStreet will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Related Posts:

  • No Related Posts

Pain Management EMR Software Market to Witness Stellar Revenue Growth Across Top Regional …

Pain Management EMR Software Market to Witness Stellar Revenue … calculated using a certain annual average rate of 2019 currency conversion.

The latest research report on Global Pain Management EMR Software Market was conducted across a variety of industries in various regions to provide a report that has data surpassing 100+ pages. The report offers a mixture of qualitative and quantifiable information focusing on aspects such as key market developments, industry and competitors’ challenges in gap analysis and new opportunities in the Pain Management EMR Software market. Various leaders along with players that are emerging, have been profiled in this report such as AdvancedMD, DrChrono, NXGN Management LLC, athenahealth, Kareo, Bizmatics Software, Compulink, Greenway Health LLC, Medsphere Systems Corporation (ChartLogic), Practice EHR, CareCloud Corporation, GroupOne Health Source that are a major part of the industry.

The unique point that this report includes, is that it contains details about the import and export policies that can have an immediate impact on the global Pain Management EMR Software market. In addition, this study includes EX-IM * related chapters for all relevant companies dealing with the Pain Management EMR Software market and related profiles and provides valuable data in terms of finances, product portfolio, investment planning and marketing and business strategy. Related graphs and tables of key industry data is available through purchase of this report.

Interesting? Apply for a free sample: https://www.acquiremarketresearch.com/sample-request/307310/

(The sample of this report is readily available on request).

This Free report sample includes:

• A brief introduction to the research report.

• Graphical introduction of the regional analysis.

• Top players in the market with their revenue analysis.

• Selected illustrations of market insights and trends.

• Example pages from the report.

Market Segmentation: Global Pain Management EMR Software Market

– The market is based on type, application, and geographical segments.

– Based on type, the market is segmented into Cloud-Based, On-Premise.

– Based on application, the market is segmented into Large Enterprises, Small and Medium-sized Enterprises (SMEs) .

Quantifiable data:

• Market Data Breakdown by Key Geography, Type & Application / End-User

• By type (past and forecast)

• Pain Management EMR Software Market-Specific Applications Sales and Growth Rates (Historical & Forecast)

• Pain Management EMR Software revenue and growth rate by market (history and forecast)

• Pain Management EMR Software market size and growth rate, application and type (past and forecast)

• Sales revenue, volume and Y-O-Y growth rate (base year) of Pain Management EMR Software market

Download Sample PDF of Pain Management EMR Software Market Report @https://www.acquiremarketresearch.com/sample-request/307310/

Pain Management EMR Software Market
Pain Management EMR Software Market

Key Research: Industry experts from the global Pain Management EMR Software industry, including management organizations, processing organizations, and analytical services providers that address the value chain of industry organizations, were the main source of collection of data. To collect and certify qualitative and quantitative information and to determine future prospects, we interviewed all major sources.

Secondary Research: Critical information about the industrial value chain, core pool of people, and applications, was the primary focus of secondary research. Market segmentation based on the industry’s lowest level of industry, geographical markets and key developments in market and technology-driven core development, has also been done to provide a detailed picture of the current market situation.

Qualitative data: Includes factors affecting or influencing market dynamics and market growth. To list some names in related sections

• Industry overview

• Global Pain Management EMR Software market growth driver

• Global Pain Management EMR Software market trend

• Incarceration

• Pain Management EMR Software Market Opportunity

• Market entropy ** [specially designed to emphasize market aggressiveness]

• Fungal analysis

• Porter Five Army Model

Customized specific regional and country-level reports for the following areas.

North America: United States, Canada, and Mexico.

South & Central America: Argentina, Chile, and Brazil.

Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.

Europe: UK, France, Italy, Germany, Spain, and Russia.

Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

Buy Full Copy Global Pain Management EMR Software Report 2020-2026 @ https://www.acquiremarketresearch.com/buy-now/307310/?price=su

** The market is evaluated based on the weighted average selling price (WASP) and includes the taxes applicable to the manufacturer. All currency conversions used in the creation of this report were calculated using a certain annual average rate of 2019 currency conversion.

Crucial points encompassed in the report:

 Information regarding production potential along with the respective economies makes up for the content of this report.

 Crucial data related to the revenue that each region registers, along with production growth within a predicted time period is encompassed in the report.

 The information includes details about the factors responsible for an accelerated growth rate.

 Data in concern with the import and export patterns, consumption value, in tandem with consumption enumeration are also revealed in the report.

Some of the Points cover in Global Pain Management EMR Software Market Research Report is:

Chapter 1: Overview of Global Pain Management EMR Software Market (2014-2026)

• Definition

• Specifications

• Classification

• Applications

• Regions

Chapter 2: Market Competition by Players/Suppliers 2014 and 2018

• Manufacturing Cost Structure

• Raw Material and Suppliers

• Manufacturing Process

• Industry Chain Structure

Chapter 3: Sales (Volume) and Revenue (Value) by Region (2014-2018)

• Sales

• Revenue and market share

Chapter 4, 5 and 6: Global Pain Management EMR Software Market by Type, Application & Players/Suppliers Profiles (2014-2018)

• Market Share by Type & Application

• Growth Rate by Type & Application

• Drivers and Opportunities

• Company Basic Information

Continued……..

Note: Regional Breakdown & Sectional purchase Available We provide Pie chats Best Customize Reports As per Requirements.

About us:

Acquire Market Research is a market research-based company empowering companies with data-driven insights. We provide Market Research Reports with accurate and well-informed data, Real-Time with Real Application. A good research methodology proves to be powerful and simplified information that applied right from day-to-day lives to complex decisions helps us navigate through with vision, purpose and well-armed strategies. At Acquire Market Research, we constantly strive for innovation in the techniques and the quality of analysis that goes into our reports.

Contact Us:

Sally Mach

555 Madison Avenue,

5th Floor, Manhattan,

New York, 10022 USA

Phone No.: +1 (800) 663-5579

Email ID: [email protected]

Related Posts:

  • No Related Posts

‘Digital Gold’ Label Shifts as XRP Correlation to Gold Outpaces Bitcoin

The same can be said about the association between Litecoin and “digital silver”. The critical analysis of the relationships between cryptocurrencies …

Up until the most recent correction, Bitcoin (BTC) price was repeatedly pushing above $10,300 and attempting to reach a 2020 high above $9,500. 2020 started with a strong upward trend and altcoins followed Bitcoin’s price action, as thoroughly reported in Cointelegraph.

This aggregate trend leaves the door open for a full bullish period ahead since the last Bitcoin high growth period was between April and June 2019.

The volatile behavior observed since the start of the year may be causing the traditional assumptions associated with Bitcoin and other top currencies to be challenged. One of those assumptions is the belief that Bitcoin is closely connected to gold.

Cryptocurrency market monthly overview. Source: Coin360

Cryptocurrency market monthly overview. Source: Coin360

Cryptocurrencies and the precious metals narrative

A previous analysis reported by Cointelegraph has shown that the digital gold narrative attributed to Bitcoin may not be as realistic as investors believe. The lack of a significant relationship between Bitcoin returns and gold returns as well as the low correlations across the years are contributing to the challenge to the narrative.

The same can be said about the association between Litecoin and “digital silver”. The critical analysis of the relationships between cryptocurrencies and precious metals opens the door for further research.

Correlation between top 10 cryptocurrencies and gold

By analyzing the correlations between the top 10 cryptocurrencies in the market and gold returns during January 2020, we unexpectedly found that XRP, rather than Bitcoin, has the strongest correlation to gold. XRP is correlated at 34.1%, while Bitcoin is correlated at 21.5%. Moreover, both Ether (ETH) and Bitcoin Cash (BCH) share a very similar correlation to gold as Bitcoin does with 20.1% and 19% respectively.

In the opposite direction, Tether (USDT) has an inverse correlation with gold at -37.7%. This is surprising since the behavior of a stable coin like USDT could be more correlated with a precious metal like gold than a much volatile coin like Bitcoin.

A correlation of 100% means that each cryptocurrency and gold move completely in the same direction, while -100% correlation means they are inversely related, or in simpler terms, when one goes up, the other goes down. A correlation of 0% means that each cryptocurrency and gold is not related in any way.

Correlation between Bitcoin and the top 9 currencies since Jan. 1, 2020.

Correlation between Bitcoin and the top 9 currencies since Jan. 1, 2020.

By looking at a wider time frame like 2019, the assumption that Bitcoin is more related to gold is sustained. Bitcoin is correlated at 15.5% with gold for the entirety of 2019, being the most correlated currency with gold from the top 10.

As seen before, Bitcoin Cash is the second most correlated currency with Bitcoin at 8.2%, followed by Bitcoin SV (BSV) at 7.3%. For the entirety of 2019, XRP is less correlated (7.1%) with gold than in 2020, challenging the idea that a stronger correlation can be sustained over a long-term period.

Correlation between Bitcoin and the top 9 cryptocurrencies during 2019.

Correlation between Bitcoin and the top 9 cryptocurrencies during 2019.

Outstanding cumulative returns since the start of the year

The start of 2020 witnessed the start of a strong positive trend. If an investor bought any of the top 10 cryptocurrencies between Jan. 1, 2020 and Feb. 9, 2020, they would be looking at a cumulative return of at least 134%, when Tether is excluded from the analysis. From the top 9 currencies, Bitcoin produced the least profit, shifting one’s emphasis to the possible altcoin bull run ahead.

The biggest positive trend was seen by Bitcoin SV and Bitcoin Cash with a cumulative return of 228% and 179%, respectively. Other top coins like Binance Coin (BNB), EOS, Ether, Litecoin, Tezos (XTZ) and XRP offered investors a cumulative return between 138% and 167%. Meanwhile, gold prices grew by slightly more than 4% in January.

Cumulative returns for the top 10 currencies since Jan. 1, 2020.

Cumulative returns for the top 10 currencies since Jan. 1, 2020.

Cumulative returns for gold in January 2020.

Cumulative returns for gold in January 2020.

Which is digital gold, XRP or Bitcoin?

A recent report from Coinbase suggests that Bitcoin will come closer to becoming digital gold due to underlying features of the network which are similar to the ones shared by gold as the scarcity of the asset aligns with the assumed bullish period ahead.

However, the results also show that since the start of the year, XRP has been the cryptocurrency most correlated to gold and Bitcoin follows in second place. As we move further into 2020, the relationship between gold and Bitcoin may come closer to one observed throughout 2019, when the digital asset was the most correlated coin to gold.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

Related Posts:

  • No Related Posts

Crypto Market Suffers Massive Price Correction as Ethereum (ETH), EOS, Litecoin (LTC) Make …

Litecoin has enjoyed a fairly positive run in recent weeks with its price progression in tandem with that of leading coin Bitcoin. The last 24 hours has …

Cryptocurrencies are known for their volatility with prices able to change drastically and this is partly what was experienced in the last 24 hours. The market suffered massive price correction with most top coins trading in the red zone.

Leading coin Bitcoin led the bearish movement having failed to surpass the $10,200 resistance barrier. This, alongside movement from major whales resulted in BTC falling below the support levels of $9800.

Bitcoin is currently valued at $9,598 with some analysts suggesting that the coin could suffer more losses in the coming weeks.

The travails of Bitcoin as expected saw the market follow suit with popular altcoins, Ethereum, EOS and Litecoin suffering huge losses.

Ethereum analysis

Ethereum had enjoyed a decent upward run in recent days with the altcoin moving above $275 resistance levels. However, ETH failed on multiple occasions to surpass the $286 mark leading to its current downturn in value.

There was a sharp decline from the $280 mark and the price begun to drop until it reached its current levels below the $260 mark. Ethereum is currently valued at $251 with a loss of 10.29% to the USD in the last 24 hours.

If Ethereum price starts a fresh positive movement the next resistance level will be around $265. However, a bearish trend could see the coin drop to $240.

EOS Analysis

EOS is also one of the coins affected by the recent bearish movement within the market. The altcoin lost 13.09 in value to the USD in the last 24 hours and currently trades at $3.96 per unit.

Looking at the market trend, a positive movement for EOS could see the coin hit the $4 mark. While its next resistance point is likely to be around the $4.30 point.

If the bearish trend continues the next support levels for EOS would be around $3.50.

Litecoin analysis

Litecoin has enjoyed a fairly positive run in recent weeks with its price progression in tandem with that of leading coin Bitcoin. The last 24 hours has seen the coin suffer double-digit losses of around 10.48%.

As at the time of writing LTC is valued at $68.85 per unit and placed 7th on the coin rankings. If the bearish position continues the next support levels will be within $65 while an upsurge in price would put the resistance levels at $70.

Related Posts:

  • No Related Posts