Blockchain

‘Studio karaoke app in your hand’ SOMESING successfully launches beta service

byclark

Stealth EX We are pleased to announce the addition of the widely discussed Bitcoin Lightning to our extensive collection of over 1400 cryptocurrencies. Platform users can now enjoy quick benefits. BTC-LIGHTNING Exchange With the best price. This expansion of available crypto assets further strengthens StealthEX’s efforts to simplify trading and drive cryptocurrency adoption.

Bitcoin Lightning and Key Features

lightning network It is a layer 2 solution for the Bitcoin blockchain. This network utilizes the payment channel concept mentioned by the legendary Satoshi Nakamoto. This protocol allows you to create a peer-to-peer payment channel between two parties. Both parties can conduct transactions with each other using Lightning Network channels. The advantages of Lightning Network over the existing Bitcoin blockchain are:

  • scalability
  • speed
  • Small payment support
  • low energy requirements

The Bitcoin blockchain’s scalability issues stem from its design, which limits the growth of the network with each transaction adding a new block. The Lightning Network solves this problem by removing transactions from the blockchain while considering security and anonymity.

Another advantage of the Lightning Network is that it allows for fast micropayments. For Web3 applications like games, fast microtransactions are the way of the future, and enabling these use cases is critical to the usability of the chain.

Lastly, the Lightning Network uses less energy to run nodes because transactions are removed from the chain. The reduction in energy requirements for transactions, as opposed to conducting transactions directly on the Bitcoin network, has important implications for sustainability.

StealthEX: Fast and private cross-chain cryptocurrency swap

StealthEX is an instant cryptocurrency exchange A platform that finds the best exchange rates, liquidity and prices for trading pairs and displays conversion rates for cryptocurrency-to-crypto trading. Once the trader confirms the order, the swap is executed with the exchange. The service seeks to offer competitive pricing based on a variety of calculations, including pricing structure, gas fees, slippage, and a variety of optimized transaction paths.

StealthEX services operate on a non-custodial basis and maintain privacy, allowing users to quickly purchase digital assets without extensive knowledge of cryptocurrencies or concerns about anonymity and asset security. For fiat transactions totaling less than €700, users must: No need to comply with KYC regulations..

StealthEX offers the benefits of cross-chain swaps to increase crypto flexibility and interoperability within the crypto space. This feature is one of the most unique features of the platform.

The exchange is also known for its excellent customer support for resolving issues.

Expand your cryptocurrency reach with Lightning integration

By adding Bitcoin Lightning to its wide range of cryptocurrency products, StealthEX helps expand the horizons of the cryptocurrency industry where further adoption, cross-chain interconnection, and strengthening are needed. It is important for StealthEX to provide the best experience to its users with the ability to exchange cryptocurrencies seamlessly and without restrictions. The goal of the platform is to clarify the cryptocurrency exchange process, making it more user-friendly and widely achievable.

clark

Technical Director.

#press release

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