A cryptographic code allowing users to receive cryptocurrency without compromising their private keys.
A cryptographic code allowing users to receive cryptocurrency without compromising their private keys. During the creation of a non-custodial DLC, Lygos Finance and the borrower exchange public keys to collaboratively lock the collateral without ever exposing their respective private keys.
Derived mathematically from a private key, a public key can be safely shared with anyone in the world. It is the basis for generating standard receiving addresses. While it allows others to see a balance and send funds to a specific wallet, it provides no ability whatsoever to spend or move those funds.
During the creation of a non-custodial DLC, Lygos Finance and the borrower exchange public keys to collaboratively lock the collateral without ever exposing their respective private keys.
Understanding Public Key helps you assess the real risks of Bitcoin lending. The difference between custodial and non-custodial models isn't just marketing. It's the difference between trusting a company and trusting cryptography.
Starting at 10% APR, $0 origination fees, and DLC-secured collateral on the Bitcoin blockchain.