$TAU The next x1000 coin?
Lamden is a suite of developer tools that speed up the process of creating new and custom blockchains and apps.
Lamden performs first BNTY to TAU Atomic Swap
Lamden announced today that they have accomplished their first BNTY to TAU atomic swaps on the Ethereum Mainnet. This is a huge step forward for them and their recent partnership with Bounty0x.
The Atomic Swaps were implemented using Lamden’s Clove protocol, which allows users to easily swap between a large number of different protocols. Although it is still awaiting launch, Clove has been used to successfully exchange on the Bitcoin and Ethereum testnets, and now with their first BNTY to TAU swap, they have proven that their protocol is more than just theory.
We just completed our first $BNTY-> $TAU Atomic Swap on the Ethereum mainnet! We’re very excited for what this will mean for the @bounty0x project moving forward.https://t.co/M4tZjFc7ss#cryptocurrency #blockchain pic.twitter.com/s2Qvhm3IVK
— Lamden (@LamdenTau) February 23, 2018
About Lamden’s Partnership with Bounty0x
This swap is coming on the heels of Lamden’s recent partnership with Bounty0x, where they announced that they would be offering up interchain operability for the unique bounty platform. As members of the Clove Early Access Program, Bounty0x will have exclusive alpha access to the Clove protocol to begin integration with their services. By using the Clove atomic swap protocol, Bounty0x and other businesses will be able to accept any major currency. This means that Ethereum-based projects like Bounty0x and others can now accept Bitcoin, ZCash, Litecoin, and any other supported currency. This increased market access will allow businesses to broaden their userbase and appeal to a much wider audience than they otherwise would.
Clove is a decentralized atomic-swap protocol that will allow users to easily swap coins between all major chains. This will allow users to more easily interact with blockchain services. Clove works through Lightning Network inspired payment channels. Transactions initiate from private chains, and utilize the ledger as a public service for managing secure and guaranteed remittance of funds from chain to chain.
Lamden has now integrated over 150 cryptocurrencies with 800+ additional currencies awaiting review from their recent bounty campaign! This means that virtually all forks and compatible variations of Bitcoin and Ethereum, including ERC20 tokens will be swappable through Lamden’s Clove Protocol.
Lamden is a unique and easy to use suite of developer tools that speed up the process of creating new and custom blockchains and apps. Lamden’s TAU token connects these new projects together to create the first ever blockchain enterprise solution.
Lamden offers the solution to many of the fundamental flaws associated with blockchain architecture today. Existing platforms have critical problems including slow block times, high transaction costs, and hard-to-learn development languages with non-obvious attack vectors. This makes blockchain commercialization and utilization more costly and difficult for companies than other more traditional technologies. Lamden’s full-featured set of development tools changes that, bringing advanced blockchain technology into the hands of experienced and amateur developers alike.
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