πAlways Privacy Focused
At BLOX, our number one priority is and will always be to provide privacy focused utilities, including our mixer and wallet.
BLOX operates on a number of core values, as described:
Decentralized Swaps Swaps take place on a decentralized exchange platform that operates without a central authority. DEXs enable peer-to-peer trading of cryptocurrencies directly between users, eliminating the need for intermediaries.
Privacy Features BLOX incorporates privacy-enhancing technologies such as zero-knowledge proofs (ZKPs), ring signatures, or stealth addresses to obfuscate transaction details, including sender and receiver addresses and transaction amounts.
Atomic Swaps BLOX utilizes atomic swap technology, allowing users to exchange cryptocurrencies across different blockchain networks without the need for intermediaries or trusted third parties. Atomic swaps ensure that either both transactions occur or neither does, eliminating the risk of one party failing to fulfill their part of the exchange.
Off-Chain Trading To enhance speed and scalability, our swap may utilize off-chain trading protocols such as state channels or sidechains. Off-chain trading enables users to conduct transactions directly between each other off the main blockchain, reducing transaction latency and fees.
Tor or VPN Integration BLOX utilities will offer integration with Tor (The Onion Router) or VPN (Virtual Private Network) services to further anonymize users' IP addresses and network traffic, preventing eavesdropping or monitoring by third parties, although no information such as that is kept and stored on our infrastructure.
No KYC Requirements Users are not required to undergo any Know Your Customer (KYC) procedures or provide personal information to participate in the swap. This preserves users' privacy and anonymity throughout the transaction process. No KYC ever.
User-Controlled Wallets Users retain full control over their cryptocurrency wallets throughout the swap process. They can use non-custodial wallets that allow them to manage their private keys and funds without relying on third-party custody services.
Secure and Scalable Infrastructure BLOX employs robust security measures and scalable infrastructure to ensure the reliability and availability of the platform, even during periods of high trading volume.
By offering a combination of these features, a fast, private, and anonymous cryptocurrency swap provides users with a secure and efficient way to exchange cryptocurrencies while preserving their privacy and anonymity.
Last updated