Read_833 - Between Bitcoin Layers - Boltz Builds Trustless Transfers

July 08, 2024 00:48:10
Read_833 - Between Bitcoin Layers - Boltz Builds Trustless Transfers
Bitcoin Audible
Read_833 - Between Bitcoin Layers - Boltz Builds Trustless Transfers

Jul 08 2024 | 00:48:10

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Hosted By

Guy Swann

Show Notes

"Submarine Swaps employ hash time-locked contracts (HTLCs), which in layperson’s terms, enable two transactions (both sides of the swap) to happen simultaneously by linking them together cryptographically inside of a smart contract. Using this technology, there is no way for one exchange to occur without the other occurring at the same moment.

This is the most trustless solution that exists for moving sats between Bitcoin layers." ~ Frank Corva

What role do trustless bridges play in connecting Bitcoin's various layers? Dive into the world of Boltz, a non-custodial exchange service that's quietly revolutionizing how we move Bitcoin between the base chain, Lightning Network, and Liquid. Discover how atomic swaps and submarine swaps are making cross-layer transfers more efficient and seamless. What implications do they hold for the future of Bitcoin's layered ecosystem?

Check out the original article at Between Bitcoin Layers: Boltz Builds Trustless Transfers (Link: https://tinyurl.com/3rv7xuar)

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