00:00Let's dive into Boltz Exchange, a non-cost or dual privacy-focused bridge between Bitcoin's layers.
00:05Boltz uses atomic swaps, also called submarine swaps, to enable the mistrust of the swaps between
00:09on-chain Bitcoin, the Lightning network, and the Liquid sidechain. Since Lightning and Liquid are
00:13separate layers, Boltz makes it possible to move value between them without trusting an intermediary
00:17or depositing funds into an exchange. User Experience
00:21No account, no signup, no kick. You just specify the amount and destination, initiate the swap,
00:26and funds flow automatically or refund back to you if routing fails. Privacy and Security
00:31Boltz is open-source, supports Tori, and captures no personal data. Its design ensures privacy while
00:37maintaining trustless security. Limits and Fees
00:40There are minimum and maximum swap amounts plus small service fees and normal network fees.
00:45If a swap fails, your funds are refunded. Boltz is ideal for anyone who wants a fast,
00:50private, and non-custodial way to move between Bitcoin's layers without relying on custodial exchanges.
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