Yes.
Thorchain and Blocknet are similar disruptive technologies to the current wrapped or tokenized DeFi cross blockchain trade systems. They differ in design and recognition.
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I am very wary of this duality in function. It is not necessary but hey if it will spur innovation then sure! But I'm used to seeing a lot of blockchains doing the same thing. It is tiring.
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Perhaps my explanation is insufficient, I have re-edited the post to clarify.
In regards to Atomic Swaps, many have tried, but failed, so in a sense it is the long sought after answer to a few, but significant problems, and it’s solution opens a door to a new reality with new possibilities we will create after walking into that realm.
If indeed it is accomplished it would represent a step forward in security and freedom to trade without surrendering your tokens to an intermediate, and to be limited by the availability of this intermediate, and to risk loss of your original token with resultant valuelessness of the wrapped token.
These things keep Bitcoin holders up at night. Why we all desire wealth, once attained you must protect it. And even those who are not wealthy, often fall prey to those who occupation is not creating or earning wealth, but instead taking through nefarious means, the wealth of others.
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Seen that part. Maybe when I do research on both projects I will understand better.
Okay, this makes sense. Thanks for taking your time to explain
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