Beam, a scalable confidential cryptocurrency network, today announced the beta launch of its Atomic Swaps Marketplace. The decentralized marketplace allows users to transact BEAM, BTC, LTC, and QTUM directly from Double Doppler 4.0, the latest version of the Beam desktop wallet.
Confidentiality is assured when making atomic swaps, with zero counterparty risk. The breakthrough marks the first time a marketplace for atomic swaps has been implemented for a privacy coin.
Detailed instructions on how to set up a wallet to perform atomic swaps have been released, with users invited to test swaps using the wallet’s inbuilt marketplace.
“The release of the Atomic Swaps Marketplace has been a long time coming, and we are looking forward to receiving feedback from users on its functionality and ease of use. This launch has been the culmination of intensive work on the part of our developer team, with numerous improvements and fixes made to deliver fully private atomic swaps. Atomic Swaps allows an easy and confidential way for users to get on-board and receive their first Beams without exposing themselves.”
– Beam CEO, Alexander Zaidelson
The Double Doppler 4.0 desktop wallet supports users running their own nodes and Electrum, and as well as utilizing the inbuilt marketplace. Users can perform direct swaps peer-to-peer by sending tokens via any secured communication channel.
Last week, Beam announced the first step towards decentralization, with the official launch of the Beam Foundation. The project is approaching their first halving on Jan 4, which also marks the first year anniversary of their launch.