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Charlie Lee [LTC⚡]
Yesterday I did an on-chain atomic swap of 1.337 LTC for 2.4066 DCR w/ of . (See txns: ) ⛓️⚛️💱🚀
On-chain atomic swaps for Decred and other cryptocurrencies. - decred/atomicswap
GitHub GitHub @github
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Celexsmalls 20 Sep 17
And without extra charges? Wow that's supercool. Well don Charlie
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Charlie Lee [LTC⚡] 20 Sep 17
Replying to @celex77 @BozzahB and 2 others
Only on-chain fees. See the linked blog post for more details.
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Verrachi 20 Sep 17
How was the exchange rate determined ?
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Charlie Lee [LTC⚡] 20 Sep 17
Negotiated over chat.
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Verrachi 20 Sep 17
Thanks for replying :D I got 1 more question, was this test done on the LN?
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Charlie Lee [LTC⚡] 20 Sep 17
No, read the linked posts.
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evilrobotted 20 Sep 17
Why are atomic swaps better than simply trading at an exchange or using Shapeshift?
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Charlie Lee [LTC⚡] 20 Sep 17
Your don't need to trust anyone.
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evilrobotted 20 Sep 17
So was disingenuous in saying, "You don't need to trust anyone," since you trust a 3rd party to give you a fair exchange rate.
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Charlie Lee [LTC⚡] 20 Sep 17
You negotiate the exchange rate with the other person. Don't need to trust an exchange. You can trade 1 LTC for 1 BTC if both agree.
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