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RE: Change Ethereum For Bitcoin Without A Centralized Exchange? Atomic Swaps Coming To An Open Source Repo Near You!
So whats the difference between an exchange and a swap?
So whats the difference between an exchange and a swap?
In an exchange you put the funds in an "order book" and the exchange "matches" your order by using its liquidity. It also charges you for withdrawals. In a swap, you agree with a counterparty to exchange funds, without any commission, at a price agreed by both of you.
Since hashing should still be done in case of a swap too, where is it done?
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