MAXI314159 on Nostr: An alternative to on-chain #coinjoins for #Bitcoin privacy - Peg-out to Liquid ...
An alternative to on-chain #coinjoins for #Bitcoin privacy - Peg-out to Liquid Network - take advantage of confidential transactions - then Peg-in back to on-chain in a quick and low cost way. A LIQUID WHIRLPOOL. Any drawbacks to this method? I did a test and appears impossible for 3rd party to follow the flow between network hops. only cost an onchain fee and 0.25% peg-in/out fee and you could set whatever denomoniation you desire. #BTC #LBTC #LiquidNetwork #Blockstream #whirlpool
Published at
2024-02-16 10:03:43Event JSON
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"tags": [],
"content": "An alternative to on-chain #coinjoins for #Bitcoin privacy - Peg-out to Liquid Network - take advantage of confidential transactions - then Peg-in back to on-chain in a quick and low cost way. A LIQUID WHIRLPOOL. Any drawbacks to this method? I did a test and appears impossible for 3rd party to follow the flow between network hops. only cost an onchain fee and 0.25% peg-in/out fee and you could set whatever denomoniation you desire. #BTC #LBTC #LiquidNetwork #Blockstream #whirlpool \nhttps://m.primal.net/HdGv.jpg",
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