Atomic swap technology was used successfully again, now with Komodo and Bitcoin Cash.
— $KMD (@KomodoPlatform) 15 декабря 2017 г.
During the atomic swap, the buyer used Komodo to purchase Bitcoin Cash. The deal took place on the BarterDEX platform and ended quite quickly. It is expected that BarterDEX and Komodo will play a significant role in the study and development of swaps.
Komodo is a digital asset that aims for privacy-centric ideals and hopes to provide more fungible blockchain transactions. The cryptocurrency uses a consensus mechanism called Delayed Proof-of-Work (dPoW) which is similar to bitcoin’s PoW, but also uses a block notarization method.
KMD to BCH Atomic Swap Report
Users note that this kind of exchange between crypto-currencies is attractive enough. An important factor is the lack of verification necessary for exchange on centralized exchanges. The fact is that atomic swaps are conducted exclusively on decentralized exchangers.
Now it is not known how the swap will affect the overall Bitcoin Cash ecosystem. Some suggest that this crypto currency can become a permanent participant in atomic swaps, which, against the backdrop of BarterDex's plans to refuse support for Bitcoin, looks quite interesting assumption.