A new crypto-platform has emerged recently. This is Boltz , a cryptocurrency based on the Lighting Network, which does not require KYC identification .
An exchange service based on the Lightning
Bitcoin has managed to pull out of the game following the formation of the LN or Lighting Network . This parallel network has made it possible to present a better scalability.
In this perspective, Boltz, a new exchange service, has been launched on the market by offering LN services to address the "glaring problems" of the Bitcoin scaling system.
As explained by the developers, Boltz can exchange tokens from the Lightning Network to speed up the speed of transactions.
No KYC
Many cryptocurrency companies avoid KYC technology for reasons that are not well known.
For Boltz, who does not use this identification system, trading should not require an account.
Moreover, this is one of the slogans used by the platform to attract new users eager for confidentiality and efficiency.
For Boltz, a KYC custodian exchange is explained as follows:
"You give the government to all who can access KYC data the power to know not only that you have digital assets, but also that they can confiscate them in a transaction. "What do you think about Boltz and how it works? Comment in the comments section.