{"id":9345,"date":"2023-12-20T07:44:20","date_gmt":"2023-12-20T12:44:20","guid":{"rendered":"https:\/\/faisalkhan.com\/?page_id=9345"},"modified":"2023-12-20T07:44:21","modified_gmt":"2023-12-20T12:44:21","slug":"atomic-payments","status":"publish","type":"page","link":"https:\/\/faisalkhan.com\/learn\/payments-wiki\/atomic-payments\/","title":{"rendered":"Atomic Payments"},"content":{"rendered":"\n
An “atomic payment” in the context of payments and cryptocurrency refers to a type of transaction that is indivisible and irreversible. The term “atomic” in this context is not an acronym but rather a concept borrowed from physics. In physics, an atom is the smallest unit of a matter that retains its identity, and similarly, an atomic payment is a transaction that either happens in its entirety or doesn’t happen at all.<\/p>\n\n\n\n
In summary, atomic payments in the context of cryptocurrency and digital transactions refer to secure, indivisible, and irreversible transactions that occur entirely or not at all, often under predefined conditions. This concept is fundamental in ensuring trust and security in decentralized and digital financial transactions.<\/p>\n","protected":false},"excerpt":{"rendered":"
An “atomic payment” in the context of payments and cryptocurrency refers to a type of transaction that is indivisible and irreversible. The term “atomic” in this context is not an acronym but rather a concept borrowed from physics. In physics, an atom is the smallest unit of a matter that retains its identity, and similarly, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":3611,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_uag_custom_page_level_css":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"blocksy_meta":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","gb-block-post-grid-landscape":"","gb-block-post-grid-square":"","yarpp-thumbnail":""},"post_excerpt_stackable":"
An “atomic payment” in the context of payments and cryptocurrency refers to a type of transaction that is indivisible and irreversible. The term “atomic” in this context is not an acronym but rather a concept borrowed from physics. In physics, an atom is the smallest unit of a matter that retains its identity, and similarly, an atomic payment is a transaction that either happens in its entirety or doesn’t happen at all. Definition and Characteristics of Atomic Payments Indivisibility: The most crucial characteristic of an atomic payment is that it cannot be split into smaller transactions. The entire transaction must…<\/p>\n","category_list":"","author_info":{"name":"Faisal Khan","url":"https:\/\/faisalkhan.com\/author\/nomismad\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","gb-block-post-grid-landscape":"","gb-block-post-grid-square":"","yarpp-thumbnail":""},"post_excerpt_stackable_v2":"
An “atomic payment” in the context of payments and cryptocurrency refers to a type of transaction that is indivisible and irreversible. The term “atomic” in this context is not an acronym but rather a concept borrowed from physics. In physics, an atom is the smallest unit of a matter that retains its identity, and similarly, an atomic payment is a transaction that either happens in its entirety or doesn’t happen at all. Definition and Characteristics of Atomic Payments Indivisibility: The most crucial characteristic of an atomic payment is that it cannot be split into smaller transactions. The entire transaction must…<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Faisal Khan","url":"https:\/\/faisalkhan.com\/author\/nomismad\/"},"comments_num_v2":"0 comments","yoast_head":"\n