Algorand Competitive advantages Algorand NFTs Atomic Transfer Sales

    On Algorand there is a functionality called the atomic swap(or atomic transfer) which allows you to safely sell an asset to a buyer without the need of a marketplace. One place to perform this is https://www.randswap.com/. Lets look at atomic transfer volumes for NFTs in 2022.

    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Algorand atomic transfer

    On Algorand, atomic transfers are implemented as irreducible batch operations, where a group of transactions are submitted as a unit and all transactions in the batch either pass or fail. This also eliminates the need for more complex solutions like hashed timelock contracts that are implemented on other blockchains.

    db_img