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Since the introduction of Bitcoin in 2008, many other cryptocurrencies have been introduced and gained popularity. Lack of interoperability and scalability amongst these cryptocurrencies was and still is, acting as a significant impediment…

Cryptography and Security · Computer Science 2019-02-13 Mahdi H. Miraz , David C. Donald

The increasing complexity of digital asset transactions across multiple blockchains necessitates a robust atomic swap protocol that can securely handle more than two participants. Traditional atomic swap protocols, including those based on…

Cryptography and Security · Computer Science 2024-06-25 Shengewei You , Aditya Joshi , Andrey Kuehlkamp , Jarek Nabrzyski

Atomic swaps have been widely considered to be an ideal solution for cross-chain cryptocurrency transactions due to their trustless and decentralized nature. However, their adoption in practice has been strictly limited compared to…

Cryptography and Security · Computer Science 2025-03-18 Ethan Francolla , Arnav Shah

The atomic swap protocol allows for the exchange of cryptocurrencies on different blockchains without the need to trust a third-party. However, market participants who desire to hold derivative assets such as options or futures would also…

Cryptography and Security · Computer Science 2020-03-10 James A. Liu

A blockchain facilitates secure and atomic transactions between mutually untrusting parties on that chain. Today, there are multiple blockchains with differing interfaces and security properties. Programming in this multi-blockchain world…

Cryptography and Security · Computer Science 2024-03-13 Huaixi Lu , Akshay Jajoo , Kedar S. Namjoshi

An atomic cross-chain swap is a distributed coordination task where multiple parties exchange assets across multiple blockchains, for example, trading bitcoin for ether. An atomic swap protocol guarantees (1) if all parties conform to the…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-21 Maurice Herlihy

Atomic swaps are a fundamental primitive for the trustless exchange of digital assets across blockchains: they guarantee that either both parties receive the agreed assets or neither party transfers. While this all-or-nothing guarantee is…

Cryptography and Security · Computer Science 2026-05-07 Paul Gerhart , Jay Taylor , Sri Aravinda Krishnan Thyagarajan

Atomic swaps enable the transfer of value between the cryptocurrencies of various blockchains without the need to trust an intermediary. In this paper, we propose the concept of atomic loans, which utilize atomic swap technology to allow…

Cryptography and Security · Computer Science 2019-01-17 Matthew Black , TingWei Liu , Tony Cai

The blockchain space is changing constantly. New chains are being implemented frequently with different use cases in mind. As more and more types of crypto assets are getting real world value there is an increasing need for blockchain…

Cryptography and Security · Computer Science 2020-09-29 Omer Shlomovits , Oded Leiba

Cross-chain swaps enable exchange of different assets that reside on different blockchains. Several protocols have been proposed for atomic cross-chain swaps. However, those protocols are not fault-tolerant, in the sense that if any party…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-11-15 Yingjie Xue , Di Jin , Maurice Herlihy

Despite the advantages of decentralization and immutability, blockchain technology faces significant scalability and throughput limitations, which has prompted the exploration of off-chain solutions like payment channels. Adaptor signatures…

Cryptography and Security · Computer Science 2026-02-06 Yi Liang , Jinguang Han

The adoption of decentralized, tamper-proof ledger systems is paving the way for new applications and opportunities in different contexts. While most research aims to improve their scalability, privacy, and governance issues,…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-05-29 Ivan Homoliak , Martin Perešíni , Patrik Holop , Jakub Handzuš , Fran Casino

We propose Ping-Pong Swaps: A secure pure peer-to-peer crosschain swap mechanism of tokens or cryptocurrencies that does not require escrow nor an intermediate trusted third party. The only technical requirement is to be able to open…

Cryptography and Security · Computer Science 2023-01-11 Cyril Grunspan , Ricardo Perez-Marco

Automated Market Makers (AMMs) are decentralized exchange protocols that provide continuous access to token liquidity without the need for order books or traditional market makers. However, this innovation has failed to scale when it comes…

Computational Engineering, Finance, and Science · Computer Science 2025-06-02 Sumit Vohra

Taprootized Atomic Swaps is an extension for Atomic Swaps that enables the untraceability of transactions in a particular swap. Based on Schnorr signatures, Taproot technology, and zero-knowledge proofs, the taprootized atomic swaps hide…

Cryptography and Security · Computer Science 2024-02-27 Oleksandr Kurbatov , Dmytro Zakharov , Anton Levochko , Kyrylo Riabov , Bohdan Skriabin

The recent adoption of blockchain technologies and open permissionless networks suggest the importance of peer-to-peer atomic cross-chain transaction protocols. Users should be able to atomically exchange tokens and assets without depending…

Databases · Computer Science 2021-03-30 Victor Zakhary , Divyakant Agrawal , Amr El Abbadi

Atomic Crosschain Transaction technology allows composable programming across private Ethereum blockchains. It allows for inter-contract and inter-blockchain function calls that are both synchronous and atomic: if one part fails, the whole…

Cryptography and Security · Computer Science 2020-04-03 Peter Robinson , Raghavendra Ramesh , John Brainard , Sandra Johnson

Blockchain systems have received much attention and promise to revolutionize many services. Yet, despite their popularity, current blockchain systems exist in isolation, that is, they cannot share information. While interoperability is…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-24 Enrique Fynn , Alysson Bessani , Fernando Pedone

An option is a financial agreement between two parties to trade two assets. One party is given the right, but not the obligation, to complete the swap before a specified termination time. In todays financial markets, an option is considered…

Cryptography and Security · Computer Science 2022-05-09 Daniel Engel , Yingjie Xue

An effective atomic cross-chain swap protocol is introduced by Herlihy [Herlihy, 2018] as a distributed coordination protocol in order to exchange assets across multiple blockchains among multiple parties. An atomic cross-chain swap…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-12-03 Soichiro Imoto , Yuichi Sudo , Hirotsugu Kakugawa , Toshimitsu Masuzawa
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