Category: Zcash (ZEC)

BIP199 for Hashed Timelocked Contracts

Hashed Timelocked Contracts (HTLC) are a well-known and simple technique for building protocols for atomic swaps. They allow you to pay another party for some information (generally, a key) with a condition that allows you to receive your money back if the party does not cooperate.

HTLCs are a fundamental …

This article was originally published on: Zcash blog on