Learn about blockchain, cryptocurrencies, DeFi and wallets. Guarda team prepares articles on the most relevant data for crypto newcomers as well as advanced users.
Atomic swaps can be implemented both on-chain - between two blockchains, and off-chain - outside the blockchain. The concept of cross-chain trading is innovative. Daniel Larimer introduced the P2PTradeX protocol considered to be the first prototype of the atomic swap in 2012. The communities of Bitcoin, Litecoin, Komodo, and Decred have played a significant role in the development and growth of this technology.
The Ethereum network has become very popular in the world of cryptocurrencies and is currently processing large volumes of transactions. In order to continue the growth of the network, node operators are forced to increase their computing power, which can lead to centralized control.
As you might already know, transactions in cryptocurrency come with fees presented by the network. It happens that the services take their transactional fees for sending and receiving cryptocurrency but in the case of a non-custodial wallet like Guarda this does not happen. So, the question is – how are the fees calculated and what are we all paying for when sending cryptocurrency transactions?
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