Single Transaction Swap
Single Transaction Swap is a multisig trustless escrow service operating on the Ergo blockchain. It provides a secure platform for users to swap NFTs and tokens with others in a peer-to-peer manner.
Platform Overview
Single Transaction Swap is a multisig trustless escrow service operating on the Ergo blockchain. It provides a secure platform for users to swap NFTs and tokens with others. If you've found a trading partner, for instance, on Discord, you can initiate a trading session on Single Transaction Swap and share a link to your private trading room with them.
- Trustless Escrow: Multisig trustless escrow service for secure peer-to-peer trading
- NFT & Token Swaps: Support for both NFTs and tokens in a single transaction
- Private Trading Rooms: Create private trading sessions with shareable links
- Asset Verification: Built-in verification system for authenticating assets
Asset Verification
The platform includes asset verification, allowing users to confirm the authenticity of NFTs and tokens before completing a swap, ensuring secure and trustworthy transactions.
Transaction Summary
Users receive a clear summary of the transaction details, ensuring transparency and confidence before finalizing the swap with complete visibility into the exchange.
Security Features & Future EnhancementsClick to expand
How It Works
When you find a trading partner (e.g., on Discord), you can initiate a trading session on Single Transaction Swap and share a link to your private trading room with them. The platform uses multisig technology to ensure that both parties must agree to the transaction before it can be completed.
Security Features
- Multisig Technology: Both parties must agree to complete the transaction
- Trustless Escrow: No need to trust a third party - the smart contract handles the escrow
- Asset Verification: Built-in system to verify the authenticity of NFTs and tokens
- Private Trading Rooms: Secure, private sessions for each trading pair
Future Enhancements
The platform is actively being developed, with future enhancements planned to further improve user experience and functionality. The development team is committed to continuous improvement and feature expansion.
In a Nutshell
Single Transaction Swap represents a secure and user-friendly solution for peer-to-peer trading on the Ergo blockchain. By leveraging multisig technology and trustless escrow, it eliminates the need for trusted intermediaries while providing a safe environment for NFT and token exchanges.