How does an Atomic Swap Work?

An atomic swap is a smart contract technology that enables the exchange of one cryptocurrency for another without the need for a trusted third party. Atomic swaps use a mechanism called hashed timelock contracts (HTLC) to ensure that both parties either complete the exchange or the transaction is reversed, providing security and trustless trading.

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Accessibility and Inclusivity

Cardano ensures accessibility and inclusivity by prioritizing user experience, diversity, and affordability in its blockchain ecosystem and applications.

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Addressing Scalability

Cardano's approach to addressing scalability challenges involves layer 1 and layer 2 scaling solutions, sharding techniques, and optimization strategies that increase transaction.

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Account Abstraction Layer

An Account Abstraction Layer (AAL) separates the user accounts from the underlying blockchain protocol, allowing for more flexible and user-friendly account management and interactions.

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Airdrop

An airdrop is a distribution of cryptocurrency tokens or coins, usually for free, to a large number of wallet addresses. Airdrops are often used as a marketing strategy to promote new projects and encourage widespread adoption of the token.

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Airdrop in Crypto

An airdrop in crypto is a distribution of free tokens to a large number of wallet addresses, usually as a marketing strategy to promote a new project. Airdrops can also reward loyal users or incentivize participation in a network.

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