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RE: Atomic Swaps – They're Coming, And They're Huge...But For Whom?

in #bitcoin7 years ago

If I wanted to automatically send my Potcoin to Steemit, I could send it to Shapeshift.io which converts it to BTC/LTC/ETH and then redirect it to Blocktrades which would convert it to STEEM/SBD in my Steemit account. This loses about 5-10% based on spreads, fees, etc.. That is not very economical.

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Well, I would agree, but Potcoin isn't exactly know for it's transactional qualities.