The Komodo project launched a public beta of its latest Atomic Dex product on Friday. The platform aims to provide unreliable atomic exchanges between different blockchains and currently connects Ethereum and its tokens to blockchains such as Bitcoin (BTC), Litecoin (LTC) and Dogecoin (DOGE).

The use of atomic switches allows users to shop directly using their own tokens. Someone can buy Ether (ETH) with BTC by exchanging ownership of the linked coins for their own blockchains, without having to use intermediate symbolic representations.

The integration takes place in a dedicated multi-blockchain wallet created by Komodo, which includes a nuclear exchange function. The beta version of the trading system was officially launched on Friday at 18:00 UTC.

Nuclear exchange is a type of communication between chains where proprietary cryptographic techniques, usually based on nodes locked during hashing, or HTLC, ensure that two transfers are completed or not completed at all. This means that the two parties to the exchange transaction will exchange money at the same time, and if one of the parties refuses to cancel, the transaction will be canceled.

Speaking to Cointelegraph, a COO named Komodo, better known as JC, said the project aims to connect most blockchain environments with upcoming integrations, including the Cosmos Ecosystem (ATOM) and Qtum. Typically, the engine can support almost any type of blockchain, although each integration must be added manually. The team is also working on the inclusion of the Monero Privacy Coin (XMR), although this is a less important priority.

Oslo Børs uses a more classic form of decentralized order book using torrent technology. This is in contrast to the most popular type of decentralized exchange today, based on automated market makers such as Uniswap. The project also uses Band Protocol oracles to set target prices, although the system relies on CoinGecko for assets not supported by the Oracle network. In the future, the team plans to merge Chainlink, “so we do not have to merge into an oracle solution,” JC said.

He assured JC that the system does not hold or control funds at any point in the mechanism, noting that “decentralization slows down the [development] process and we cannot consolidate it.” A potential disadvantage of the mechanism is the high security requirement, which requires waiting for the blockchain to confirm the transaction, as JC notes, although this is generally common for DEX.

Atomic swaps can be a viable option for connecting tokens to other blockchains, a process that is usually focused on due to technical limitations. For example, many of the popular bitcoins on Ethereum are operated by managers like BitGo in the case of Wrapped BTC. At the same time, encapsulating a token makes it easier to use it on another blockchain, since the process becomes relatively smooth after overcoming the first obstacles in terms of liquidity. The DeFi barrier has made it possible for Wrapped BTC to gain wide acceptance, which makes it easier to exchange or use in lending protocols.

There may also be liquidity barriers for nuclear exchange platforms, but the solution may be particularly attractive to extremists who do not want to rely on central authorities to monitor the issuance of the symbol.

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