In an exchange you put the funds in an "order book" and the exchange "matches" your order by using its liquidity. It also charges you for withdrawals. In a swap, you agree with a counterparty to exchange funds, without any commission, at a price agreed by both of you.
In an exchange you put the funds in an "order book" and the exchange "matches" your order by using its liquidity. It also charges you for withdrawals. In a swap, you agree with a counterparty to exchange funds, without any commission, at a price agreed by both of you.
Since hashing should still be done in case of a swap too, where is it done?
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