Logo
Cardano Ecosystem

Cexplorer

03/08/2024

·

234 views


Understanding Programmable Swaps

We view Axo as a significant innovator among blockchain projects in the trading sector.

Understanding Programmable Swaps

We view Axo as a significant innovator among blockchain projects in the trading sector. 

In this article, we will delve into the essence of programmable swaps, which form the cornerstone of Axo. Harnessing The Potential Of Cardano Cardano’s smart contracts, comprising on-chain validators and off-chain code, offer robust security. 

The Turing-complete off-chain code allows for the execution of complex and resource-intensive computations without affecting the transaction cost. The on-chain validators offer a level of security comparable to other blockchain models. 

This innovation is groundbreaking, as it enables the implementation of concepts like programmable swaps and algorithmic automated market makers (AAMM), which would otherwise be unfeasible. 

The Axo team has effectively h Read article: Understanding Programmable Swaps

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on Cexplorer

ORIGINAL SOURCE

https://cexplorer.io/article/understandi...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from Cexplorer

See more
Vote in Intersect Board and Committee Elections
Cexplorer
Vote in Intersect Board and Committee Elections

10/10/2024

·

114 views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)