
Read_833 - Between Bitcoin Layers - Boltz Builds Trustless Transfers
By Guy Swann
Aired Jul 8, 2024 · 48m · Last boosted Jul 9, 2024
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"Submarine Swaps employ hash time-locked contracts (HTLCs), which in layperson’s terms, enable two transactions (both sides of the swap) to happen simultaneously by linking them together cryptographically inside of a smart contract. Using this technology, there is no way for one exchange to occur without the other occurring at the same moment. This is the most trustless solution that exists for moving sats between Bitcoin layers." ~ Frank Corva What role do trustless bridges play in connecting Bitcoin's various layers? Dive into the world of Boltz, a non-custodial exchange service that's quietly revolutionizing how we mo...
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