Get started

Atomicswap

XMR/BTC Atomic Swaps a major bullish technical developmentXMR can now be traded directly to Bitcoin without an intermediary exchange on their native Blockchains using a technology called an Atomic Swap. This differs greatly from other so called swap platforms that only allow internal trading between ERC20 tokens, the major difference being that the XMR/BTC swaps are trading actual coins with their own blockchains not wrapped coins or some other semantics. This has a few major implications for the future price of XMR we will explore in this analysis. 1. XMR/BTC Swaps are being added to both XMR Wallets such as Monerujo as well as popular Bitcoin wallets such as Samurai wallet. Greatly expanding the exposure of Monero to many BTC users who will be learning about its competitive features for the first time so we should expect some uptake of Monero from simple exposure as well as the low cost and ease diversifying some BTC to XMR. Many users find getting Monero more difficult than other tokens because exchanges like Coinbase do not list it even though they would like to have exposure. 2. This technology increases the regulatory resilience of privacy tokens because now anyone with XMR can get BTC and vice versa easily so banning privacy coins has no effect unless you ban all coins which can be traded for privacy coins through atomic swaps. Regulators have to balance the need to trace all transactions with protecting users against having their information exposed to bad actors and front runners. Monero has the ability to be semi transparent so users can pay taxes audit balances without giving everyone access to the sensitive user information. Monero will provide users the important protections they deserve and push regulators to take a balanced measured approach. 3. Monero fees are significantly lower than Bitcoins fees which means in any situation where both BTC and XMR are accepted users would be inclined to use the XMR to save the large fee. XMR is the only POW coins with such low fees and no ico, dev tax, pre mine, masternode, presale where in Monero everyone mines equally ( a key to bitcoins success and the thermodynamic underpinnings of the economic system ) which will in turn incentivize users to pay with Monero not Bitcoin. 4. It is cheaper for users to HODL Monero and convert it to Bitcoin where necessary than to HODL Bitcoin and convert it to Monero when necessary. Imagine Bob wants to buy steam cards and the site accepts both BTC and Monero. Bob realizes that when he pays with BTC his transaction fee is almost $20 and that when he pays with XMR his transaction fee is more like $0.2 but another site that Bob uses frequently accepts just Bitcoin. Bob realizes that if he keeps his money in Bitcoin it will cost him a high transaction fee every time he wants to convert it to Monero so he would never save anything by using Monero to buy his Steam cards because hed have to create Bitcoin transactions which defeats the point because now your paying $20 to convert the BTC into XMR and again to send the XMR to the merchant. By contrast if he keeps his money in Monero he will save where Monero is accepted and it will cost him just $0.2 to convert his Monero into Bitcoin when he needs or wants to. 5. Tari is a platform for issuing tokens ( like erc20) as an XMR sidechain. The atomic swaps will allow for easy conversion between Monero, Tari based tokens and Bitcoin without an intermediary. Most token platforms will be inclined to convert their platform over to Tari from ETH or Binance because its far more decentralized, easy to convert to both BTC and Monero, the tokens can be private or transparent and the transaction fees are much lower than ETH gas. This also applies to Monero based alt coins such as WoWnero which can adopt the swap technology as well. ( If you use alts look for ones with no dev tax, presale, ico, POS, premine but rather a coin which everyone even the creators mine equally )
CRYPTOCAP:XMRLong
by thermoeconomic
$ATOM Is A Good Bet! Ranked 16th on Coinmarketcap!I don't know where the hell i've been, but seeing ATOM claiming it's position at 16th on Coinmarketcap is a jaw drop for me. How come something so new like this, acquiring big market capital. You can learn more about the project on their website. Judging from the chart perspective, I love the mid-term double bottom pattern, which indicate, it will be more upside on the future as if we break the current all time high price. ATOM already has major supply on the circulating so I think it'll be safe if we just hold, but I'm a swing trader so, not gonna do it. First TP, ATH. ************************************************************************************************************************************************** If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot! TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit. -------------------------------------------------------------------------------------------------------------------------------------------------- tradingview.com Rules: #1 Always obey tradingview.com house rules #2 Always read the description #3 Don't spam on the comment section #4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after #5 My opinions are not financial advice, follow it at your own will and your own risk #6 Together, let's build a better community on this platform
Long
by blockchaindedi
2
Second Layer Solutions: Good or Bad for Crypto?We all hear about segwit and what coins have activated it recently, but what is it, and is it really helpful? Does it add value to bitcoin or other coins? What can you do with it? Is it secure? Does it lead to centralization? These are the main points of contention with second layer projects and we will discuss, in short, the reason for these solutions and the myths surrounding them. When we hear segwit a lot of people instantly think of the lightning network when in fact lightning network is just one solution using segwit to create a second layer solution. These second layers can be thought of as running along side bitcoin and checking in with the main blockchain every once in a while to make sure they don't have any discrepancies. This actually helps blockchains like bitcoin not get too bogged down with every tiny transaction and allows wallets to trade many transactions before bringing them to the blockchain as one big transaction. There are claims that anything not run on the blockchain is not as secure. This may be slightly true but I am of the opinion that blockchain is too secure. Is there a such thing? I believe so. If you are buying a coffee and you have 50$ tied up in your lightning network wallet it is still almost impossible for anyone to steal those funds without signing the transactions as you and then cashing out to the main blockchain. Do you really need the full power of the mining network to verify every time you paid 5$ for a cup of coffee? Or is it more convenient to store up many coffee purchases with the risk that maybe 1 or 2 did not go in your favor and have the option to cash out when you want? Perhaps the coffee was too cold or you don't want to deal with a particular shop anymore. You just cash out the coins in your open channel and the blockchain records them as being in your wallet. Anything both parties signed for is transacted and you are free to part ways. This is analogous to what we do in our everyday lives. We transact and make agreements everyday. If there is a dispute or someone doesn't hold up their end of the bargain, we go to court. The court represents the blockchain. It is costly to go to court but it is super secure and absolute. The transactions we do everyday represent second layer solutions. Many transactions can be made and then taken to court to make them official when we want to solidify them or if we have a dispute. This costs us a lot less in lawyers (miners) fees. This is the most popular and widely talked about example of a second layer solution. Smart contracts are another. I'm not going to go in depth on smart contracts except to say that they are pieces of code that can be recorded and executed when certain requirements are fulfilled. These pieces of code can reside on the blockchain so that you know your agreement is secure and that the code will successfully execute the way it was agreed upon at the time of signing. This is very useful for allowing two parties to agree on terms of payment without needing a third party to hold the funds for them. Atomic swaps are another second layer solution. Atomic swaps allow one coin to be directly transacted for another based on an agreed upon exchange rate. That means I could pay someone in bitcoin and they could choose to receive it as litecoin. This has huge implications when it comes to the roll of exchanges and how people currently trade. Now that you have a general idea of what second layer solutions can do, can you see how helpful they are?
BITFINEX:BTCUSD
by dsap4004
3
DIGITAL ALPHA UPDATE - KMD Fans, We Did Not Forget YOU!Komodo Klan! Good day to you all. This is DA Bull giving one of the best communities out there a quick update. KMD/BTC is hitting a fib level at the moment. We are showing a RSI level of "overbought" on the 1 day charts. There is some sideways movement here, which is great. It was not a hard rejection at the resistance level. Once the price breaks out of this current level, next resistance is around 0.00052050. Depending on how much momentum there is during the breakout, some prices of 0.000583 might get touched. Some Atomic Swap news might push this price over the edge, but slow and steady wins the race. Volume is not quite there yet, but volume is not quite there all across crypto. We won't see altcoins really party until we cross $12,500. Read this article for details on why $12,500. Komodo is a great project and Digital Alpha plans to look for entries into KMD within its Large-Cap portfolio soon, but not quite yet. Take care everyone, thank you for reading. Subscribe to our Telegram by clicking on our link below. We will provide updates to our portfolios so you can track them live, conducting raffles, LTC giveaways, hardware wallet giveaways, and ICO airdrops soon. So stay tuned! DA Bull #kmd
Long
by DIGITAL-ALPHA
Litecoin Monero Merger [ATOMIC SWAPS]Litecoin Partnership The lead developer of the Monero’s development team tweeted on January 26 about his excitement for the possible partnership with Litecoin. This would create the ability to do on-chain atomic swaps of LTC and XMR. Currently, traders need to first sell their coin for Ethereum or Bitcoin and THEN purchase either LTC or XMR. On-chain atomic swaps would provide a seamless way to convert LTC into XMR or viceversa. This gives easy liquidity for Monero users while also providing anonymity for Litecoin users. The collaboration between the two cryptocurrencies will pave a path for cross-chain atomic swaps which is the most awaited development for the year.
BITFINEX:LTCUSD
by Emperor_Penguin
KMD THE SLEEPING GIANT Breakout confirmed + Bitcoin Hush AIRDROPKOMODO will likely emerge as one of the most liquid privacy coins in 2018, and I would suggest anybody to look into the huge potential it has for this year! They have an open-source project that is making waves in the blockchain technology. Leading 1st place with over 30,000 Atomic Swaps, its BarterDEX technology hopes to create a decentralized exchange (DEX) for Bitcoin, bitcoin-protocol, as well as other SPV Electrum-based coins. Not only this, but it utilizes something called JUMLR which is an anonymizer that allows individuals to mask their trades. More recently, Komodo has got an Airdrop coming up with Bitcoin Hush and some planned further announcements coming up like a New Website Launch. I'm sure more marketing will get pushed as they go LIVE and attract more investors into their community. As we seen in December, this coin can rally fast so lets check out what it offers. TA - On the DAILY: - Recently broke descending triangle pattern - Heavy rejection on 50,000sat support level - MACD crossing supports bullish movement - RSI moving (also a good short-term BUY) My Trade Idea: BUY: Below 63,000sats SHORT-TERM (1-2Weeks) Target 1: 70,700sats Target 2: 79,000sats MID-TERM (1-2Months) Target 87,600sats Target 4: 98,000sats (0.618 Fib) STOP-LOSS: 44,000sats PLEASE NOTE: Consider all trades with caution and only invest what you can afford to lose as cryptocurrency is highly unpredictable. Take profits and Invest in yourself. You can afford it, trust me. This is not Investment advice! SOURCES: komodoplatform.com twitter.com medium.com
Short
by Benjiman7953
4