2min chapter

Coin Stories with Natalie Brunell cover image

Raj Patel: Speed Bitcoin Lightning Wallet, Stablecoins like Tether on Bitcoin, and Non-KYC Hurdles

Coin Stories with Natalie Brunell

CHAPTER

Understanding KYC in Bitcoin Lightning Wallets

This chapter explores the KYC (know your customer) requirements in Bitcoin Lightning wallets, emphasizing their purpose for spending rather than long-term storage. It highlights user compliance and the reduction of spam issues while discussing the relevance of privacy concerns for different wallet types.

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