Cross-chain atomic swaps allow for different cryptocurrencies to be traded with a guarantee that the funds would be received without the need for an exchange or third party. This is a breakthrough in terms of cryptocurrency technology as it could be extended to allow merchants to accept more cryptocurrencies or even used to build decentralized exchanges. Currently successful atomics swaps have been completed between Decred-Litecoin, with more cryptocurrencies to come
https://en.bitcoin.it/wiki/Atomic_cross-chain_trading
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