๐ชProtocol Overview
Take a look at BitSwap at a glance, find your general whereabouts.
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ยฉ 2024 BitSwap. All rights reserved.
Take a look at BitSwap at a glance, find your general whereabouts.
Last updated
The protocol developed by BitSwap is understandably a best-in-class solution to privacy across Cryptocurrency ecosystems. The overall approach of the solution involves utilizing liquidity providers via contracts to anonymize transactions processed through the infrastructure and protocol. Once a transaction is executed, no records are retained and the transactional link is effectively severed.
BitSwap takes an approach that employs non-custodial methods, granting users direct access and control over their funds during transactions within the BitSwap framework. One of the pathways we offer involves the use of variable amounts: funds are concurrently channelled through multiple liquidity providers, with the varying sums then distributed to the designated address.
BitSwap maintains a policy of not storing any user data and firmly commits to never retaining such information. We have no involvement with user data or the manner in which users interact with the platform, we are here to leverage and give access to privacy to users.
The BitSwap protocol leverages privacy networks to effectively layer your transaction data via liquidity providers. What distinguishes BitSwap is the strategic utilization of these providers and their operational efficiency, ensuring fast and secure transactions for all platform users. This unmatched infrastructure is a cornerstone of every transaction conducted through BitSwap.
Through the BitSwap infrastructure, a privacy network layer is integrated within transactions, which does not compromise the typical speed associated with such methods. This is achieved by employing liquidity providers that operate synergistically with our protocol.
Immediately after the completion of your transaction, all data is erased with no storage of personal information. The only details retained are the transaction value and an incremented figure, used exclusively for displaying statistical usage on our bridging dashboard related to our swapping protocol.
Our solution stands as the quickest in the market, openly accessible and instantly available to everyone utilizing the BitSwap decentralized application. The availability of an efficient and private protocol is a necessity that we readily provide. Understand the dApp, through the handbook โคต๏ธ