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Hashed Timelock (HTLC)-based atomic swap protocols enable the exchange of coins between two or more parties without relying on a trusted entity. This protocol is like the American call option without premium. It allows the finalization of a…

密码学与安全 · 计算机科学 2022-11-30 Subhra Mazumdar

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…

密码学与安全 · 计算机科学 2025-03-18 Ethan Francolla , Arnav Shah

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…

分布式、并行与集群计算 · 计算机科学 2018-05-21 Maurice Herlihy

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…

密码学与安全 · 计算机科学 2020-09-29 Omer Shlomovits , Oded Leiba

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…

密码学与安全 · 计算机科学 2026-05-07 Paul Gerhart , Jay Taylor , Sri Aravinda Krishnan Thyagarajan

Extreme valuation and volatility of cryptocurrencies require investors to diversify often which demands secure exchange protocols. A cross-chain swap protocol allows distrusting parties to securely exchange their assets. However, the…

分布式、并行与集群计算 · 计算机科学 2023-05-24 Eric Chan , Marek Chrobak , Mohsen Lesani

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…

分布式、并行与集群计算 · 计算机科学 2022-11-15 Yingjie Xue , Di Jin , Maurice Herlihy

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…

密码学与安全 · 计算机科学 2019-02-13 Mahdi H. Miraz , David C. Donald

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…

数据库 · 计算机科学 2021-03-30 Victor Zakhary , Divyakant Agrawal , Amr El Abbadi

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…

密码学与安全 · 计算机科学 2020-03-10 James A. Liu

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…

密码学与安全 · 计算机科学 2023-01-11 Cyril Grunspan , Ricardo Perez-Marco

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…

分布式、并行与集群计算 · 计算机科学 2019-12-03 Soichiro Imoto , Yuichi Sudo , Hirotsugu Kakugawa , Toshimitsu Masuzawa

To achieve interoperability between unconnected ledgers, hash time lock contracts (HTLCs) are commonly used for cross-chain asset exchange. The solution tolerates transaction failure, and can "make the best out of worst'' by allowing…

计算机科学与博弈论 · 计算机科学 2021-12-14 Jiahua Xu , Damien Ackerer , Alevtina Dubovitskaya

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…

密码学与安全 · 计算机科学 2019-01-17 Matthew Black , TingWei Liu , Tony Cai

Lightning Network can execute unlimited number of off-chain payments, without incurring the cost of recording each of them in the blockchain. However, conditional payments in such networks is susceptible to Griefing Attack. In this attack,…

密码学与安全 · 计算机科学 2021-06-17 Subhra Mazumdar , Prabal Banerjee , Sushmita Ruj

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…

密码学与安全 · 计算机科学 2024-03-13 Huaixi Lu , Akshay Jajoo , Kedar S. Namjoshi

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…

计算工程、金融与科学 · 计算机科学 2025-06-02 Sumit Vohra

In this paper, we present a protocol for facilitating trust-less cross-chain cryptocurrency transfers that preserve privacy of bridge withdrawals. We leverage zero-knowledge primitives that are commonly used to design cryptocurrency mixing…

密码学与安全 · 计算机科学 2021-02-10 Drew Stone

A *sore loser attack* in cross-blockchain commerce rises when one party decides to halt participation partway through, leaving other parties' assets locked up for a long duration. Although vulnerability to sore loser attacks cannot be…

密码学与安全 · 计算机科学 2021-05-31 Yingjie Xue , Maurice Herlihy

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…

密码学与安全 · 计算机科学 2024-06-25 Shengewei You , Aditya Joshi , Andrey Kuehlkamp , Jarek Nabrzyski
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