A Non-Atomic Swap refers to a type of exchange where two parties can trade different cryptocurrencies without relying on a third party or intermediary. In traditional atomic swaps, the exchange of cryptocurrencies occurs simultaneously, meaning both parties receive the assets they agreed upon at the same time.
On the other hand, in a non-atomic swap, there is a slight delay in the transfer of assets between the parties. This delay can be due to various reasons, such as network congestion or technical issues. Despite the delay, the exchange is still considered secure and trustless, as it does not require a centralized platform to facilitate the swap.
Non-Atomic Swaps offer a decentralized and more private way for individuals to trade cryptocurrencies, as they do not have to rely on centralized exchanges or services to complete their transactions. This type of swap is gaining popularity among crypto users who value privacy and security in their trading activities.
