Clove is a decentralized application that makes atomic swaps between chains easy.
Most Bitcoin-based and Ethereum-based chains, including ERC20 tokens, are compatible with the protocol. Clove enables decentralized payment channel swaps and facilitates trustless communication between compatible blockchains on the network.
Blockchain is still very much a new, unexplored and undocumented technology. There was only one documented transaction of swapping cryptocurrencies of two different blockchains, and by “documented” we mean a swap the world knows of. No technical specifications were published. Our challenge is to find a way to enable direct swapping between nodes of different networks, without the need to download petabytes of blockchains.
We’re actively building it!
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