A cryptocurrency trade known as an atomic swap involves two different blockchains. Without the assistance of a third party, the exchange is carried out directly between the two entities. The goal is to give token owners complete power by eliminating centralized intermediaries like regulated exchanges.
The term “atomic” comes from the concept of an “atomic state,” in which there are no substates and just two possible outcomes. This is a reference to the Bitcoin transaction’s status: either it occurs or it doesn’t.