Aussie team develops Bitcoin-Monero atomic swaps

Bitcoiners can now swap BTC for Monero‘s (XMR) privacy coins without the need for a trusted intermediary, thanks to atomic swaps developed by an Australian team.

The tools developed by CoBloX, a five-member blockchain research team based in Sydney’s Northern Beaches, allow strangers who don’t trust each other to safely swap their Monero tokens for Bitcoin and vice versa.

In simple terms, the funds are locked away cryptographically and if both parties don’t complete the…

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