Particl

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About us

Welcome to Particl! We are on a mission to develop a straightforward and robust alternative to the current financial system without compromising on privacy and security. We always try to stay true to our cypherpunk roots and work together towards a future of maximum financial freedom for our society.

This includes an online marketplace where you can buy and sell anything anonymously and a DEX that allows you to trade digital assets, without restrictions. So join us, take back control of your digital life today, and help make the web a more free and open environment for all!

Find more information in the whitepaper and check out the starting guide!

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founded 1 year ago

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PropaGandalf

The DEX Revolution — The Evolution of Atomic Swaps (particl.news)

submitted 1 year ago* (last edited 1 year ago) by PropaGandalf to c/particl

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TL:DR

DEXs, or "decentralized exchanges", are becoming an increasingly attractive alternative to centralized exchanges in cryptocurrency trades.

There is, at the heart of the CEX vs DEX dynamic, a fundamental divide; while big centralized entities suit traditional market logic, and can adapt these principles to fuel their own growth, they go against the fundamental principle of blockchain and cryptocurrency itself: private, peer-to-peer money.

There is a huge benefit here compared to HTLC swaps, other than the fact that it enables PART's anon transaction type and other RingCT coins such as XMR to be atomically swapped: they do not rely on identical hashes that need to be inscribed on the participating blockchains.

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