Welcome friend! The idea of direct trading on native blockchains without any middleman or wrapped coins is truly revolutionary. It’s like cutting out the middleman entirely, making the process faster, cheaper, and more secure. 💯
Wrapping and unwrapping coins adds an extra step and increases the risk of hacks or mistakes. But with atomic swaps on native blockchains, there's no need for that. You can just trade directly and benefit from all the features of your preferred blockchain, without any compromises. 🤩
Not only that, but by enabling direct trading on native blockchains, atomic swaps could also foster a more open and decentralized crypto ecosystem. Instead of relying on centralized exchanges or wrapped tokens, users can trade freely across different blockchains. This could open up opportunities for new markets and trading pairs that might not otherwise have been possible. 🚀
Of course, there’s still a lot of work to be done before atomic swaps on native blockchains become mainstream. But the potential is there, and it's really exciting to think about what the future holds. 😁
And to top it all off, imagine the potential impact on crypto adoption. If people can trade directly, seamlessly, and securely across different blockchains, that could really help drive mainstream adoption.
Think about it: you'd no longer need to be tied to a specific exchange or blockchain to trade. You could easily move between Bitcoin, Ethereum, Bitcoin Atom, Monero, ERC20 and so on without any friction or fees. That's the kind of convenience that could really attract new users and broaden the crypto user base. 🙌
And by the way, Just Musing, do you see any future for wrapped coins? Apart from the issue with custody, is there anything else that makes them unscalable? Infrastructure? Acceptance? Would love to hear your view point
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