News — privacy

Bitcoin to Monero Atomic Swaps - How this Enables Private Bitcoin Transactions

Bitcoin to Monero Atomic Swaps - How this Enables Private Bitcoin Transactions

Monero cryptographers recently discovered how to conduct “atomic swaps” between Bitcoin and Monero. This means that any two people can swap Bitcoin for Monero between them without relying on any third-party service, using only software they run themselves.As Monero is the god of privacy coins (and the blockchain we develop products for), this naturally led to speculation that this innovation would enable Monero to become a layer-2 privacy solution for bitcoin, which is itself notoriously traceable.Over the past week I have read all manner of incorrect information from uninformed commenters about if this is possible, how it will work, and...

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