%20price%20has%20risen%20by%2032%%20after%20the%20developers%20of%20the%20digital%20coin%20updated%20its%20blockchain%20with%20an%20atomic%20swap%20system%20that%20makes%20it%20easier%20to%20exchange%20cryptocurrency%20for%20bitcoin%20and%20vice%20versa.){kind=link}

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<p>Anonymous <strong>altcoin </strong>developers added the ability to exchange it for <strong>bitcoin </strong>without intermediaries.</p>



<p><strong>Monero <em>(XMR)</em> </strong>price has risen by 32% after the developers of the <strong>digital coin</strong> updated its <strong>blockchain </strong>with an atomic swap system that makes it easier to <strong>exchange <strong>cryptocurrency </strong> </strong>for <strong>bitcoin </strong>and <strong>vice versa</strong>. </p>



<p>The <a href="https://www.getmonero.org/2021/08/20/atomic-swaps.html" target="_blank" rel="noreferrer noopener">update was integrated</a> into the <strong>Monero blockchain </strong>on August 20. As of August 24, the <strong>digital coin</strong> is trading at $ 319, and its <strong>capitalization </strong>is $ 5.7 billion.</p>



<p>The developers note that &#8220;atomic swaps&#8221; allow <strong>Monero </strong>holders to <strong>exchange cryptocurrency </strong>for <strong>bitcoin </strong>and <strong>vice versa</strong> directly with the final recipient, without intermediaries in the form of exchanges or other users. </p>



<p>The transaction is considered completed only if both users receive <strong>digital coins</strong> as a result of the exchange. In other cases, the system cancels the transaction and returns the <strong>cryptocurrency </strong>to the users.</p>



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<p class="has-text-align-center"><em><strong>Monero </strong>(XMR) <strong>cryptocurrency </strong>was created on the basis of the ByteCoin token <strong>blockchain</strong>, developed in 2014. </em></p>



<p class="has-text-align-center"><em><strong>ByteCoin </strong>is the first <strong>cryptocurrency </strong>to use the <strong>CryptoNote </strong>protocol. </em></p>



<p class="has-text-align-center"><em>It includes mechanisms that allow transaction participants to remain anonymous.</em></p>
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<p><em>Read More&#8230;</em></p>



<p><a href="https://cointopsecret.com/2021/07/15/what-is-monero-and-how-does-this-coin-work/">What is Monero and how does this coin work?</a></p>



<p><a href="https://cointopsecret.com/2021/07/07/computer-games-infected-with-malicious-miners-found-on-the-network/">Computer games infected with malicious miners found on the network</a></p>
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