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COMIT: Vision and Mission

Those who are crazy enough to think they can change the world usually do.

Steve Jobs

For quite some time I have been a personal advocate for using cryptocurrencies for e-commerce and peer-to-peer payments. I was a true believer that cryptocurrencies' true purpose was to become a global payment system: a payment system that is censorship-resistant, non-discriminatory and open for everyone.

COMIT goes Testnet

Life is life
when we all give the power
we all give the best
every minute of an hour
don't think about a rest


After months of hard work we are proud to present a live testnet version of COMIT. The description below gives you step-by-step guide of how to setup the COMIT Node daemon (cnd) on your machine and do a first swap against Bobtimus: an automated swapping bot on our side. He currently supports Bitcoin and Ether but will be extended in the future.

Connect all the Blockchains!!!

TL;DR: We did the (first) Atomic Swap between Ethereum and Bitcoin (using SegWit) on both Mainnets: BTC funding transaction: https://btc.com/ad067ee417ee5518122374307d1fa494c67e30c75d38c7061d944b59e56fe024 ETH contract creation: https://etherscan.io/tx/0xab28552e19ccd3d5c0701d4a7fa471c4e99a88a270df75c9af126b39f3d14200 ETH redemption: https://etherscan.io/tx/0xd90ae78006c04b944b44a8949cc487de33f01210d127f6b4efcb2d6e1b13b03c BTC redemption: https://btc.com/5800c704f139e388d4146be7110294470c8c17b34488544863a535d2346a4637

Since Bitcoin’s genesis block in 2009 a multitude of different blockchains have emerged. Each serving different purposes, from providing the means of payment, smart contract execution, identity management, logistic tracking or securing IoT.