# Ethereum Cross Chain Atomic Swaps

By [Chipprbots.eth](https://paragraph.com/@chipprbots) · 2022-11-06

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In this article, we will create a series of contracts which will allow two people to exchange coins across chains in a trustless atomic manner. An **atomic** transaction is an indivisible and irreducible series of transactions such that either all occur, or nothing occurs. The contract used is complimentary to BIP-199 so it can be used to transact from Ethereum based systems to Ethereum based systems or Bitcoin based system(assuming HTLC is allowed).

The difficult problem with cross chain swaps is the off chain coordination required to have the two parties meet and agree on conditions. It is outside the scope of this article, but any communication channel can be used really; email, slack, twitter, reddit, etc….

The background work that makes all of this possible is from BIP-199:

> “A Hashed Time-Locked Contract (HTLC) is a script that permits a designated party (the “seller”) to spend funds by disclosing the preimage of a hash. It also permits a second party (the “buyer”) to spend the funds after a timeout is reached, in a refund situation.”
> 
> Victor (the “buyer”) and Peggy (the “seller”) exchange public keys and mutually agree upon a timeout threshold.
> 
> Peggy provides a hash digest. Both parties can now
> 
> — construct the script and P2SH address for the HTLC.
> 
> — Victor sends funds to the P2SH address or contract.
> 
> Either:Peggy spends the funds, and in doing so, reveals the preimage to Victor in the transaction; OR Victor recovers the funds after the timeout threshold.

**On the Ether chains:**

**Peggy** will be played by account: 0x9552ae966A8cA4E0e2a182a2D9378506eB057580

**Victor** will be played by account: 0x00D29a21429ad90230aCe2B9a1b25fa35bb288B8

The entire transaction explained:

**Peggy** will:

*   be locking up funds on etc chain (contract A)
    
*   that will be sent to **Victor**
    
*   when the message that hashes to digest is received
    

**Victor** will:

*   be locking up funds on eth chain (contract B)
    
*   that will be sent to **Peggy**
    
*   when the message that hashes to digest is received
    

**Things that need to happen off chain**:

*   both parties agree to an exchange rate
    
*   decide on a reasonable time limit
    
*   decide on who will lead (generate the preimage)
    
*   share public addresses
    

For our test conditions:

*   **Peggy** is the lead and will generate a [sha256 digest off chain](http://www.xorbin.com/tools/sha256-hash-calculator)
    
*   Our preimage(“this is a test”) hashes to 2e99758548972a8e8822ad47fa1017ff72f06f3ff6a016851f45c398732bc50c
    
*   1 hour timeout
    
*   1:50 (1 eth = 50 etc) exchange rate
    

Everything for the test was deployed to the mainnets of both chains and is there available for review. I have included links where practical. All contracts were deployed with MyEtherWallet using byte code generated from the contract located [here](https://github.com/realcodywburns/Tank-Farm/blob/master/contracts/locking/HTLC\(mew\).sol). To use this contract as is with out spinning up a node: copy and paste it into [remix](https://remix.ethereum.org/#version=soljson-v0.4.18+commit.9cf6e910.js), fill in the variables for your transaction (hash, time, destination) and copy the byte code to MyEtherWallet to sign and deploy. You will need to create new contracts for your swap .To interact with the contract you can use [this abi](https://github.com/realcodywburns/Tank-Farm/blob/master/contracts/locking/HTLC.abi) with the contract address in MyEtherWallet.

**Step 1:** Contracts are deployed

**Peggy** deploys ContractA = [0xa1562aa5ad1e178c56f690c6e776c3c3a2c50193](https://gastracker.io/tx/0xc79e3da6f75ad9db9b64995dbc7ea9017133259a9b51b0a174bf3ea7ff46b73f) (etc chain)

**Victor** deploys ContractB = [0x7cfc4442dd96d6f85dd41d458a13957ba381e05a](https://etherscan.io/tx/0x232cf00fc5049ca879c86b4def7bbb0080d17374cfeb98bcfc089ffad2215f33) (eth chain)

**Step 2:** Both parties lock funds in their contracts

**Peggy** sends .5 etc to [0xa1562aa5ad1e178c56f690c6e776c3c3a2c50193](https://gastracker.io/tx/0x17301de2300b4ca8a89829402dd6dd60a794881ac3f39650bcc9cbc985821d0b)

**Victor** sends .01 eth to [0x7cfc4442dd96d6f85dd41d458a13957ba381e05a](https://etherscan.io/tx/0x9b4808f4ba8c701683acaeab756a8283b43e3e1eb975af7281f43d8aee150849)

**Step 3:** claim cross chain funds

**Peggy** claims her funds from [contract B](https://etherscan.io/tx/0x385a5c87d5f8fa49b52cdc354e0905468d9ca10f47c51c95ada9c248b5b12a39), reveling the secret

**Victor** read data from contract B , get the key, and claims funds on [contract A](https://gastracker.io/tx/0x41f329e6f93a58505dcdd8894a9c38df61025a9a71687ff9b0d5d3669018026f)

That’s it! A little anti-climatic that it only takes 3 steps I guess, but everything on a block chain doesn't need to be hard. If **Peggy** never claims her ether, **Victor** can never claim his. If **Peggy** does claim her’s she reveals the secret and **Victor** is free to claim his. The timeout exists so **Peggy** **and** **Victor** can claim their funds if something goes wrong.

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*Originally published on [Chipprbots.eth](https://paragraph.com/@chipprbots/ethereum-cross-chain-atomic-swaps)*