I spend a lot of time analyzing the different privacy methods that currently exist in bitcoin, including Monero as a privacy tool.
There is nothing that convinces me 100%, they all have counterparts.
All of these include:
- Lightning network
- Liquid network
- Swaps
- Coinjoins
- eCash
- Statechains
- Monero swaps
- combination of the above.
It is not that they are not effective but they have trade-offs such as:
- some have little protection from a state actor.
- expensive
- complicated for the average user
- Some are unusable for the plebs in high rate environments
Cyph3rp9nk
npub1ln…arrnt
2024-10-06 11:43:58
Author Public Key
npub1lnms53w04qt742qnhxag5d6awy7nz6055flnmjkr6jg39hm86dlq7arrntPublished at
2024-10-06 11:43:58Event JSON
{
"id": "19af92e376e9d1726c9044425a66b9f07cd9a96c1cb7406c0843db4c85c95586",
"pubkey": "fcf70a45cfa817eaa813b9ba8a375d713d3169f4a27f3dcac3d49112df67d37e",
"created_at": 1728215038,
"kind": 1,
"tags": [],
"content": "I spend a lot of time analyzing the different privacy methods that currently exist in bitcoin, including Monero as a privacy tool.\n\nThere is nothing that convinces me 100%, they all have counterparts.\n\nAll of these include:\n\n- Lightning network\n- Liquid network \n- Swaps\n- Coinjoins\n- eCash \n- Statechains\n- Monero swaps\n- combination of the above.\n\nIt is not that they are not effective but they have trade-offs such as:\n\n- some have little protection from a state actor.\n- expensive\n- complicated for the average user \n- Some are unusable for the plebs in high rate environments",
"sig": "c3ed5942bd132f536ea44e3ad8b7d0a0a8ba92f8de5799a89a980a9ea3b6a6e7035f3ce3b4b936e59659760fbc5d2ab0cb7cc5a349221542c1faa126c88c0621"
}