What is the BOLT Protocol? Enhanced Privacy on the Lightning Network10

Bitcoin’s Lightning Network (LN) is often viewed as a boost to the legacy cryptocurrency’s privacy considering payments are off-chain. While this is true to a certain extent, the network-level analysis of payments passing through nodes has the potential to reduce this privacy and de-anonymize users.

How do you address privacy concerns with an off-chain payments network? The answer includes multiple ongoing projects, and one in particular — BOLT — presents some intriguing long-term advantages.

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