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news2h ago

Stroem Finance is Connecting Kaspa, Igra, & Ethereum...

Stroem Finance is preparing to launch a cross-chain atomic swap protocol linking Kaspa, Igra, and Ethereum using hash-locked contracts, currently live on testnet ahead of a full mainnet deployment.

Stroem Finance is Connecting Kaspa, Igra, & Ethereum...

Trustless Cross-Chain Swaps Without Bridges

Stroem Finance is preparing to debut a cross-chain atomic swap protocol that will enable trustless asset exchanges between @kaspaunchained, @Igra_Labs, and @Ethereum. The project is positioning itself as a bridge-free alternative for users who want to move assets across these three networks without relying on a centralised intermediary.

The protocol is built around hash-locked contracts, more formally known as Hash Time-Locked Contracts (HTLCs). These contracts use hash-locks and time-locks to ensure that a transaction is either completed by both parties or automatically cancelled if one side fails to meet the conditions. By using cryptographic guarantees rather than institutional trust, these transactions ensure value transfers either happen completely or not at all.

The design is a deliberate response to the risks associated with conventional cross-chain bridges. Atomic swaps allow for direct, trustless exchanges between compatible blockchains, while cross-chain bridges lock assets on one chain and create wrapped tokens on another. To date, over $2.6 billion has been lost in exploits due to cross-chain bridge hacks, which is why the Web3 ecosystem is rapidly adopting superior cross-chain solutions.

Testnet Phase Underway Before Mainnet Launch

The Stroem Finance protocol is currently restricted to a dedicated testnet environment while developers work to finalise the settlement logic. A full mainnet deployment is planned once that process is complete.

Stroem Finance has been noted as a peer-to-peer atomic swap solution between Ethereum and Kaspa , and the inclusion of @Igra_Labs broadens the scope of its interoperability ambitions. Bringing three distinct networks under a single trustless settlement layer is a technically demanding undertaking, particularly given that atomic swaps face compatibility challenges, as both blockchains must support specific cryptographic features and HTLCs for a swap to work.

If Stroem Finance delivers on its roadmap, the protocol could offer a meaningful alternative for users seeking to move assets across Kaspa, Igra, and Ethereum without wrapping tokens, paying bridge fees, or trusting a third-party custodian.

Sources:
Kaspa Notes: Cross-Chain Protocols Servicing Kaspa
Chainlink: Atomic Cross-Chain Transactions Technical Guide
Komodo Platform: Cross-Chain Atomic Swaps Explained

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Author

UC Hope profile photoUC Hope

UC holds a bachelor’s degree in Physics and has been a crypto researcher since 2020. UC was a professional writer before entering the cryptocurrency industry, but was drawn to blockchain technology by its high potential. UC has written for the likes of Cryptopolitan, as well as BSCN. He has a wide area of expertise, covering centralized and decentralized finance, as well as altcoins.

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