cypherpunk

KYC is the Trojan horse for Web3 privacy protocols.

Here’s why it’s a massive privacy trap (and how to avoid it): 🧵👇

Enabling compliant privacy on-chain

Get Private Access 👇🏻https://labyrinth.technology/

KYC = Privacy’s Graveyard.

When you submit to KYC, you're handing over your personal data—name, address, financial history—leaving yourself vulnerable to breaches.

The worst part? It doesn't even fully stop bad actors. 😬

So, what's the solution? 🤔

We need a system that 
✅protects genuine users, 
✅keeps bad actors out, 
✅still keep everything decentralized, 
✅without compromising the user's privacy.

KYC isn’t the solution.

#Labyrinth’s approach:

No invasive KYC.

Our Selective De-Anonymization (SeDe) ensures decentralized compliance to prevent illicit activities while giving privacy to genuine.🔒

Want to dive deeper into this solution? Check out our blog to learn more about how Labyrinth is rethinking privacy and compliance.

Want to dive deeper into this solution? Check out our blog to learn more about how Labyrinth is rethinking privacy and compliance.
https://labyrinth.technology/blog/kyc-is-a-privacy-trap-is-there-a-way-to-regain-control/