Hash Time Locked Contracts (HTLCs) Explained

Refund Scenario of a Typical Hash Time Locked Contract (HTLC)

Hash Time Locked Contracts (HTLCs) are fundamental building blocks for the future of P2P finance. They enable us to build Atomic Swaps and the Lightning Network — alternatives that supersede the limitations of existing forms of money and financial systems.

We at Liquality not only leverage HTLCs in Atomic Swaps, but also lead industry-wide efforts to standardize their implementation across different applications and blockchains.

Learn more about HTLCs at Liquality.

Hash Time Locked Contracts (HTLC) Infographic