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First Monero and Ethereum Atomic Swap Completed on Arbitrum
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The first atomic swap between monero (XMR) and ethereum (ETH) has occurred on Ethereum Layer 2 solution Arbitrum, according to data by Arbitrum blockchain explorer Arbiscan and Monero explorer.
Elizabeth Binks, a software engineer at blockchain R&D firm ChainSafe Systems, and contributors have completed the "XMR<->ETH atomic swap project", marking their first XMR and ETH atomic swap.
Atomic swaps, also referred to as atomic cross-chain trading, are generally regarded as one of the most genuine peer-to-peer (p2p) methods for trading cryptoassets as they allow two parties to trade tokens from two different blockchains without the need for a third party.
Arbitrum is an Optimistic Rollup (OR) - a layer 2 solution - and it is intercompatible with
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