Users of the recently launched non-custodial cryptocurrency exchange Nash have the opportunity to buy bitcoins that will be immediately credited to the exchange’s wallets.
“We will provide the most secure way to buy bitcoins. Now there will be no need to trust your assets to centralized sites, and prices will be competitive,” the Nash developers noted.
According to them, work is ongoing on a Protocol by which users can exchange bitcoins through engine mapping applications, having the advantages nacatamales model.
A similar system is already used in the markets and NEO ETH, however, to realize this functionality is quite difficult, as bitcoin does not support the full smart contracts.
The developers intend to solve this problem using a cryptographic scheme Hashed Time-Locked Contract (HTLC), which is widely applied in such decisions as Lightning Network.
“So far, no one has managed to integrate bitcoin into a high-performance non-custodial exchange. We want to bypass the custodial element that is included in “token wrapping,” the Nash developers added.