http://lm.i2p/nojs/knowledge/monero-atomic-swaps?dismissNotice=true
As with many things of this level of technical complexity, our explanation will overly simplify some things in order to convey the idea, but it will still give a solid idea of the mechanisms by which this process would work. Both Alice (who has XMR and wants BTC) and Bob (who has BTC and wants XMR) must download and run a program that supports the atomic swap. This may be implemented into wallets, decentralized exchanges, or special,...