HTLC
Applications
Payment/State_Channel LightningNetwork
Interledger
Atomic Loans: Cryptocurrency Debt Instruments
Matthew Black, TingWei Liu, and Tony Cai
Article in Develop with pleasure!
Tutorial
Resources
HTLCs Considered Harmful Slide Video by Dan Robinson
Atomic swap
HTLC achieves atomic "swap" between pre-image and the locked state transition assuming ledger functionality
Therefore, HTLC realizes more general atomic swap by connecting to another atomic swap
Case 1: the off-chain asset is in real world (e.g. purchase at a cafe)
Connected atomic swap: a cup of coffee <-> pre-image
Atomicity based on human interaction (the merchant must verify the pre-image before giving the product)
nrryuya.icon > How about a purchase in e-commerce?
Case 2: the off-chain asset is an asset in another chain
Connected atomic swap: an asset (in another chain) <-> preimage
Based on another HTLC in the other chain (in a reverse direction)
See Atomic cross-chain swap in Cross-chain Protocols
#Cross-chain_Protocols