BAT Founder Announces On-Chain Payouts Without KYC

BAT Founder Announces On-Chain Payouts Without KYC



During a recent community call, Basic Attention Token (BAT) founder Brendan Eich announced that the platform is planning to implement on-chain BAT payouts without the need for Know-Your-Customer (KYC) verification. This step is part of BAT's ongoing roadmap, aimed at simplifying rewards for Brave browser users while safeguarding their privacy.



The introduction of on-chain payouts marks a significant milestone for BAT as it enables users to receive BAT rewards without revealing their identities, thus enhancing their overall experience. However, the ideal platform for these on-chain payouts is still being debated.



Brendan mentioned that they are currently evaluating two options: Solana, known for its scalability and low transaction costs, and Ethereum layer-2 solutions like Arbitrum and Optimism, which promise reduced transaction


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#Adoption, #Altcoin, #BAT, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday

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